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Georgia House passes amended tax credits for musical, theatrical productions

(The Center Square) – The Georgia House has passed legislation to amend tax credits for musical and theatrical productions, which proponents said will help the industries recover from the COVID-19 pandemic, but a Georgia economist said such tax credits make for “bad public policy.” House Bill 1330, the Georgia Music and Theatre Jobs Recovery Act, would increase existing tax credits for musical or theatrical performances from 15% to 30% and set an annual aggregate cap

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Legislation to streamline permitting process for food trucks clears Georgia House

(The Center Square) – Proponents say legislation approved by the Georgia House would streamline the regulatory process for food trucks and could save business owners thousands of dollars a year. House Bill 1443 effectively would create a statewide permitting process for food trucks. Under the legislation, food truck operators could use the permit they obtain in the county they operate in other counties. The House voted unanimously Tuesday in favor of the proposal. “Georgia’s current

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Proposal would temporarily roll back New Jersey’s gas tax

(The Center Square) – New Jersey lawmakers could soon consider rolling back the state’s gas tax at least temporarily. At 42.4 cents per gallon, proponents say the rate is the fourth-highest nationwide. A proposal from state Sen. Shirley Turner, D-Mercer/Hunterdon, would lower the Garden State’s gas tax to 14.5 cents per gallon – the 2016 rate – for 60 days. “The high cost of gas is impacting our residents who are now spending a larger

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Georgia House passes bill to allow local governments to provide disaster relief

(The Center Square) – The Georgia House has approved legislation that would allow local governments to provide disaster relief to residents if the federal government does not. House Resolution 594 would authorize local governments to give temporary tax relief for properties severely damaged or destroyed by a natural disaster. The properties must be in a nationally declared disaster area to qualify for relief. State representatives voted 150-0 in favor of it Friday. “HR 594 would

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Feds sending around $20M to Atlanta’s MARTA for various projects

(The Center Square) – The federal government is sending about $20 million to the Metropolitan Atlanta Rapid Transit Authority (MARTA) for a trio of projects, including a new bus maintenance facility and new electric buses. The Federal Transit Administration (FTA) announced Monday a $15 million grant for the agency to build a new Clayton Operations & Maintenance Facility. The money is part of $409.3 million in grants the FTA awarded to 70 projects in 39

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Analysis: New Jersey has the 10th highest tax rate in the country

(The Center Square) – New Jersey taxpayers pay some of the highest taxes in the country, a new analysis from WalletHub revealed. “New Jersey residents pay the 10th-highest taxes nationwide, that amount to almost $12,000 a year for the median household,” WalletHub analyst Jill Gonzalez told The Center Square. “Almost half of this amount is spent on real estate taxes, which are the highest in the country.” While the Garden State ranked No. 42 overall,