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Tag: Federal stimulus

R.I. Foundation has received hundreds of ARPA fund proposals

PROVIDENCE – The Rhode Island Foundation has received hundreds of proposals for projects that would use a portion of the $1.1 billion the state...

$29M in stimulus funds to be distributed to R.I. cities and...

PROVIDENCE – More than $29 million in federal stimulus funds is set to hit the bank accounts of Rhode Island cities and towns Tuesday,...

R.I. Commerce awards $3M in tax credits for 2 mill renovations

PROVIDENCE – The R.I. Commerce Corp. Monday granted $3 million worth of tax credits for two construction projects that are converting historic mills into...

Business leaders press fight against PPP taxation

CRANSTON - Rhode Island business leaders recently met with Gov. Daniel J. McKee in their bid to derail his proposal to tax Paycheck Protection...

State still waiting for guidance on spending federal stimulus aid

PROVIDENCE - The clock is ticking on passage of a fiscal 2022 state budget, but House Committee on Finance members were told on Thursday...

McKee standing firm on taxing PPP loans

PROVIDENCE – Gov. Daniel J. McKee is standing firm on his commitment to taxing Paycheck Protection Program loans greater than $150,000. McKee made his position...

R.I. names new COVID-19 stimulus director

PROVIDENCE – The R.I. Department of Administration has hired a new director to oversee the state’s disbursement of federal COVID-19 stimulus funds. Dorothy Z. Pascale,...

R.I. Commerce establishing small-business-assistance grant program

PROVIDENCE – The R.I. Commerce Corp. is establishing a small-business-assistance grant program to serve as infrastructure for distributing up to $5,000 grants to Rhode...

Legislators paint grim picture of economy, need for federal aid

PROVIDENCE – A tax hike and cuts to services and programs could be on the table if Rhode Island does not receive federal aid...

Businesses face higher unemployment taxes due to pandemic

PROVIDENCE - Due to the pandemic, Rhode Island’s unemployment insurance trust fund has “decreased significantly,” which will lead to employers having to dip into...

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