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Home » State Government Funds in New COVID-Relief Law Prohibits Tax Cuts
Tax

State Government Funds in New COVID-Relief Law Prohibits Tax Cuts

AGC Concerned About Impact on PPP Loan Forgiveness State Tax Treatment & More
March 18, 2021Updated:July 24, 2024No Comments2 Mins Read
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The $1.9 trillion American Rescue Plan Act provides $219.8 billion to state and territorial governments to mitigate the fiscal effects stemming from the pandemic. Included at the last minute, however, is a clause that prohibits any state or territory receiving the aid “to either directly or indirectly offset a reduction...

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Building Federal/Heavy Highway Infrastructure PPP Loan Forgiveness Utility
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DOL Relaunches the PAID Employer Compliance Program

July 29, 2025

Spotlight Your Achievements! AGC Launches Awards Season with the Opening of Build America, AGC in the Community, Innovation, Culture of Care Awards

July 28, 2025

Digital Data Unifies Construction Teams

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