Displaying items by tag: CARES Act
OPINION: Small businesses shouldn't see tax penalty from PPP loans
The State of North Carolina should fully conform with all taxpayer relief provisions associated with the Federal CARES Act Pandemic Relief Package. This is especially important for the tax treatment of Paycheck Protection Program loans.
Legislative leaders, governor announce deal on rural broadband funding
RALEIGH — Leaders in the General Assembly and governor say they have reached a deal to ensure $30 million for the GREAT rural broadband program.
OP-ED: Rural broadband a great grant issue
On Sept. 3, a bipartisan supermajority in the North Carolina General Assembly appropriated $30 million for rural broadband to help rural areas impacted by the pandemic.
Lawmakers want to know why Cooper grabbed rural broadband money
RALEIGH — Senate Republicans are asking Gov. Roy Cooper to reverse a move to eliminate relief money for rural broadband, hurting children and seniors.
OP-ED: The path to a stronger, healthier future for North Carolina
This pandemic has affected every corner of our state, including our state budget needs. For many families, it has also shifted their priorities. Last week, I proposed a budget that tackles the challenges we’re facing today while building for the promise of tomorrow. We can emerge from this crisis even stronger than before if we invest wisely.
House, Senate budget writers unveil $1 billion COVID-19 relief package
RALEIGH — Republican lawmakers presented a $1 billion COVID-19 package during a Tuesday, Sept. 1, news conference. The proposal — which they plan to pass this week during a two-day session — sets the stage for a showdown with Gov. Roy Cooper, who earlier released his budget priorities. Those priorities differ drastically from Republicans’ plans.
Educational institutions ask General Assembly for more COVID-19 money
RALEIGH — North Carolina’s public schools and universities are asking the General Assembly for millions more to deal with COVID-19 challenges.
Private K-12 schools don’t have to wait for reopening order
RALEIGH — While public schools wait for Gov. Roy Cooper to decide how classes will look this year, private schools are finalizing plans for reopening.
Board of Trustees receives updates on RichmondCC projects, CARES funding
HAMLET — Richmond Community College provided updates about campus renovations and the use of funds from the CARES Act during the Oct. 2 Board of Trustees meeting via teleconference.
North Carolina receives federal COVID-19 employment and training grant
RALEIGH — Gov. Roy Cooper has announced that North Carolina has received a $6 million federal grant to support jobs and workforce training to help address the impacts of the COVID-19 pandemic.