Tuesday, January 4, 2011

Tax Credit Could Reduce Employers' Cost To Provide Health Care Insurance

Tax Credit Could Reduce Employers' Cost To Provide Health Care Insurance
MISSOULA ―

Nearly 7,400 small businesses in Montana may qualify for a tax credit of up to 35 percent of the health insurance premium they pay for their employees under the new federal health care legislation, according to the latest issue of Montana Business Quarterly.

“For employers wanting to reduce the cost of providing health insurance, the tax credit should ease the burden somewhat,” said Gregg Davis, director of health care industry research at The University of Montana’s Bureau of Business and Economic Research. “But employers should recognize that in some instances, the qualifying premium could be reduced because of caps set by the U.S. Department of Health and Human Services.”

Davis co-wrote the article, “The New Health Care Law: Montana’s First Steps,” with Jerry Furniss, a professor in UM’s School of Business Administration.

For the full 35 percent tax credit, qualifying businesses must meet three criteria: They must employ fewer than 10 full-time-equivalent employees, pay average annual wages of less than $25,000 per employee, and pay at least 50 percent of the insurance premium.

However, Davis said, limitations on the premium amount that can be applied to the credit could reduce the attractiveness of the tax credit for some employers. The average premium for a family policy in Montana is $11,438, with employers paying about 67 percent of that premium, or $7,615.

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"http://news.umt.edu/2010/08/082610hlth.aspx"

Tuesday, September 28, 2010

TIGER II GRANT APPLICATION

http://www.roadsbridges.com/TIGER-II-grants-aren%E2%80%99t-enough-NewsPiece21601


TIGER II grants aren’t enough
Applications for almost 1,000 projects far exceed $600 million in available funds
September 24, 2010

Nearly 1,000 construction grant applications for more than $19 billion from all 50 states, U.S. territories and the District of Columbia far exceeded the $600 million in TIGER (Transportation Investment Generating Economic Recovery) II dollars the U.S. DOT can award for infrastructure projects ranging from highways and bridges to transit and ports, Secretary Ray LaHood announced on Sept. 24. The announcement followed the August deadline for submissions.

The overwhelming demand for TIGER II grants continues a trend. Last Feb. 17, the U.S. DOT announced 51 grant awards from nearly 1,500 applications for TIGER I grants nationwide. The TIGER I requests were for almost $60 billion worth of projects, 40 times the $1.5 billion available under that program.

“The wave of applications for both TIGER II and TIGER I dollars shows the back-log of needed infrastructure improvements and the

Friday, August 6, 2010

Trucks and gas tax article/

What they report is correct nationwide. Trucks are what we design for on bridges, clearance. turning and pavement. I'm not passing judgement as we have the best road system in the world and it adds immeasurably to our economy.

http://www.spokesman.com/stories/2010/jul/27/study-trucks-underpay-ailing-idaho-roads/