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Push to increase foster care adoption tax credits could cost Georgia $4.8M


(The Center Square) – A measure that would increase foster care adoption tax credits could result in a state revenue loss of $4.8 million over the next five years, according to fiscal researchers.
House Bill 114, introduced by Rep. Bert Reeves, R-Marietta, would increase the annual tax incentive for adopting a foster child from $2,000 to $6,000. According to a fiscal note from the Department of Audits and Accounts, the proposal could decrease state tax revenues by $400,000 in fiscal year 2022 and grow to up to $1.5 million by fiscal year 2026.
Reeves and supporters of the bill said it s meant to promote more adoptions in the state. According to Reeves, the average foster care adoption tax credit issued is $1,945, below the current threshold. He hopes the legislation would entice Georgians in higher income brackets to adopt foster children. ....

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Easthampton's Rock Valley Tool looks forward, not back


Easthampton’s Rock Valley Tool looks forward, not back
Updated Feb 15, 2021;
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EASTHAMPTON Elizabeth A. Paquette is no stranger to reinvention.
The former special education administrator became a co-owner of a precision machining business in 2013, Rock Valley Tool, a venture she took on with her husband, Jason G. Paquette.
It wasn’t a difficult decision to buy the company. Jason Paquette had experience working there, and, she says, they didn’t want to look back and regret not taking the chance.
“I said, ‘Why not?’ I love to learn and the opportunity presented itself,” she recalls. “It made sense.” ....

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