The chairman of the Senate Committee on Finance vowed to fight for an extension of a federal program that provides grants for alternative-energy projects. The Section 1603 grant program provides a cash grant for up to 30 percent of the cost of a qualified energy project, with no dollar limit.
The Ohio Controlling Board will discuss next week whether to allocate an additional $9 million to the Advanced Energy Fund, presumably to cover grant applications that have been received but not yet processed. The Ohio Department of Development announced last week that it has stopped accepting new applications for the
The Ohio Advanced Energy Fund is set to expire December 31, and grant applications have backed up to the point that state officials have stopped accepting new applications. According to a post on the Ohio Department of Development’s website, the state suspended all Notice of Funding Available (NOFAs) last week
Earlier this year, the Ohio legislature passed a bill that is intended to lower the cost of solar, wind and clean-coal energy, and Gov. Ted Strickland signed an executive order that immediately put the bill into action. Upon further inspection, it appears that the rush to provide relief to
Barnes Dennig Tax Specialist Agnes Spoelker, CPA, will discuss tax ideas for investors on an upcoming episode of On the Money with Chris DiSimio on WVXU-FM, 91.7. The show will air Saturday, November 13, at 7:10 AM, and it will be available as a podcast at wvxu.org/economy. Agnes is a
Small businesses, including physician practices, may be eligible for new tax credits of up to 35 percent of the cost of providing health insurance to their employees. The credit will increase to 50 percent in 2014. To be eligible for the credit, your practice must: Cover at least 50 percent