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The Ohio Department of Development recently launched two programs focused on redeveloping properties in the Buckeye State. The Ohio Brownfield Remediation Program will provide $350 M in brownfield redevelopment funding and the Ohio Building Demolition and Site Redevelopment Program will provide $150 M in non-brownfield redevelopment funding. Guidelines and applications are out now, and companies […]
Kentucky Tax Reform
December 15, 2021 | Tax Reform
Tax reform has been on Kentucky lawmakers’ minds for years, and while significant progress has been made recently, substantial work remains to be done. In 2018, the General Assembly made important strides in creating a more neutral, pro-growth tax structure even while generating a net increase in revenue. With its reduction in income tax rates, […]
Reimagining Electric Vehicles in Illinois Act-Enacted
November 19, 2021 | Blog, Tax Incentives
Nov. 18, 2021 Illinois enacted the Reimagining Electric Vehicles in Illinois Act to provide incentives for electric vehicle (EV) manufacturing and production. Among other tax provisions, the Act includes the following: a sales and use tax exemption for building materials, and a provision allowing local jurisdictions to abate property taxes for certain REV Illinois Project […]
Advanced Energy Manufacturing and Recycling Grant Program for Small Businesses
November 19, 2021 | Grants
Nov. 18, 2021 Small businesses investing in certain energy technologies are eligible for a new federal grant program under the Infrastructure Investment and Jobs Act. The Infrastructure Investment and Jobs Act ( H.R. 3684) (IIJA), signed into law by President Biden on November 15, 2021, establishes the Advanced Energy Manufacturing and Recycling Grant Program for small businesses […]
Ways and Means Opportunity Zone Hearing
November 18, 2021 | Tax Credits
Ways & Means subpanel holds Opportunity Zone hearing Nov. 18, 2021 The House Ways & Means Oversight Subcommittee November 16 held a hearing, “The Opportunity Zone Program and Who It Left Behind,” that focused on potential improvements to the program, including more accurate data, a refundable tax credit element, and new qualification parameters. Reforming the program could […]
Ashmore Consulting is proud to join Pledge 1%, a global movement creating new normal where companies of all sizes integrate giving back into their culture and values. Pledge 1% empowers companies to donate 1% of product, 1% of equity, 1% of profit or 1% of employee time to causes of their choice. Over 1,500 companies in 40 countries have taken the Pledge and committed to give to communities around the world. Ashmore Consulting is excited to join Pledge 1%’s network of founders, entrepreneurs and companies around the globe that have committed to giving back.
