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Senate Finance Committee advances energy tax credit overhaul bill amid partisan deadlock

Published May 27, 2021 Emma Penrod Dive Brief: Members of the Senate Finance Committee vied on Wednesday to add and preserve resource-specific tax credits to the Clean Energy for America Act, a bill intended to replace some 40 individual tax incentives with broader and more uniform tax credits tied to carbon emissions reductions. Committee Chairman Ron Wyden, D-Ore., announced that he planned to place the Clean Energy for America Act directly onto the Senate calendar without further committee hearings after a vote on the amended bill ended in a tie split along party lines. Democratic members of the committee generally supported the bill, arguing that it would allow renewable energy and fossil fuels to compete in a free-market system, and would reduce carbon emissions. Republicans rejected the final version, saying what started as an effort to level the playing field between energy resources ultimately ended up as a bill that would promote rene

Lawmakers propose $1000 pay raise for SC teachers

Lawmakers propose $1000 pay raise for SC teachers The PSTA says the SC House of Representatives wrote their budget using a conservative estimates developed during the worst weeks of the pandemic, but a revised estimate is projecting nearly $200 million more in revenue. (Source: Live 5/File) By Riley Bean | April 20, 2021 at 1:27 PM EDT - Updated April 20 at 1:27 PM COLUMBIA, S.C. (WCSC) - The Palmetto State Teachers Association says members of the SC Senate Finance Committee have proposed funding a $1000 pay raise with part of the year’s budget surplus. The PSTA says the SC House of Representatives wrote their budget using a conservative estimates developed during the worst weeks of the pandemic, but a revised estimate is projecting nearly $200 million more in revenue.

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