SBAM applauds the Senate in the passage of Senate Bill 768. This bill would, beginning January 1, 2022:
- Reduce the individual income tax rate from 4.25% to 3.9%
- Reduce the corporate income tax rate from 6% to 3.9%
- Allow a $500 nonrefundable credit for each qualified dependent
WASHINGTON – U.S. Senator Debbie Stabenow (D-MI), Chairwoman of the Senate Committee on Agriculture, Nutrition and Forestry, today announced $753,500 to support rural communities in the Upper Peninsula. These funds come from the U.S. Department of Agriculture's (USDA) Community Facilities Direct Loan & Grant Program, secured by Senator Stabenow in the 2018 Farm Bill.
On Feb. 15, the White House announced new actions across agencies to promote clean manufacturing and reduce emissions, including low-carbon production of steel and aluminum for electric vehicles, wind turbines, solar panels, and clean concrete. Through these actions, the administration is aiming to strengthen the industrial base, revitalize local economies, lower prices for consumers, and boost American competitiveness in global markets.
So-Called “Junk Plans” Can Deny Coverage to People with Pre-Existing Conditions and Are Not Required to Cover Essential Health Benefits Such As Maternity Care, Prescription Drugs, Care for Substance Use Disorders and Emergency Room Care
