Treasury awards $8.7B for lending in minority communities
The funds from the Emergency Capital Investment Program, which was created this year, will go to 186 community-based financial institutions.
The funds from the Emergency Capital Investment Program, which was created this year, will go to 186 community-based financial institutions.
The 17 applications outline hundreds of projects in urban and rural communities, from mixed-use developments, affordable housing, local downtown renovations and workforce training programs to new parks, trails, sports complexes and concert venues.
Brian Rockensuess replaces Bruno Pigott, who stepped down Dec. 3 to become deputy assistant administrator in the office of water for the U.S. Environmental Protection Agency.
Gov. Eric Holcomb said interest in the Regional Economic Acceleration and Development Initiative, or READI, has surpassed the state’s expectations—so much so that the allotted $500 million in funding will fall far short of meeting every region’s vision.
The legislation would require that fees be “reasonable and proportional” to the airline’s cost of providing the service. It will also require airlines to let children under 14 sit with family members at no extra charge.
Key to the agreement is that Democrats will have to vote on a specific amount by which the debt ceiling will be lifted. The amount has not yet been disclosed, but it is sure to be a staggering sum.
While proponents did not specify pending deals for which Michigan is vying, several told the House Government Operations Committee that Michigan must stay competitive in the auto industry.
In their most public, forceful protest to date, Republicans led by Sen. Mike Braun of Indiana muscled to passage a proposal that aims to repeal rules ordering large private businesses to require vaccination or implement comprehensive coronavirus testing for their workers.
Indiana Gov. Eric Holcomb said the pandemic remains a real threat and is taking lives, but he maintains that the state’s role is to provide vaccines and other resources, not impose vaccine requirements or mask mandates.
The proposed new rule would require companies to identify who owns and controls them, rather than the names of the people who formed the company.
The Mind Trust, an Indianapolis-based charter advocacy group, highlighted in a new report how the yellow-bus requirement creates a costly burden for charter schools in particular.
The biggest policy change—a system for Medicare to negotiate prices for prescription drugs—won’t begin to deliver lower costs until 2025, and then only for a selected set of 10 medicines, as well as insulin products.
The controversial bill is scheduled for an unusual pre-session public hearing more than two weeks before the legislative session officially begins Jan. 4. The hearing will be the second attempt by House Republicans to expedite the legislation.
U.S. Sen. Todd Young, an Indiana Republican, is among six GOP senators on the U.S. Senate Committee on Commerce, Science, and Transportation who filed the FREIGHT Act.
The spending bill passed Thursday avoids a short-term shutdown and funds the federal government through Feb. 18.
In an effort to address ongoing staffing woes, industry groups are seeking to ease some training and regulatory requirements.
Congressional leaders reached agreement Thursday on a stopgap spending bill to keep the federal government running through mid-February, though a temporary shutdown was still possible.
The signing marks the 21st time Holcomb has extended the state’s COVID-19 public health emergency, which has been in place since March 2020.
The high court is hearing arguments Wednesday in which the justices are being asked to overrule the court’s historic 1973 Roe v. Wade decision legalizing abortion and its 1992 ruling in Planned Parenthood v. Casey, which reaffirmed Roe.
House Bill 1001 was the first bill filed for the legislative session that kicks off on Jan. 4, meaning it is likely a priority for GOP leadership.