US Economy

TL/DR - The Chips and Science Act of 2022 allows for a tax credit equal to 25% of the "qualified investment" in manufacturing semiconductors or semiconductor manufacturing equipment in the U.S. In March 2023, the U.S. Department of the Treasury and the IRS released proposed regulations for this tax credit, including eligibility and direct…

TL/DR - The article discusses Wiley's ten key developments in the trade industry, with particular focus on the Creating Helpful Incentives for the Production of Semiconductors (CHIPS) Act and the Inflation Reduction Act (IRA). The CHIPS Act aims to boost domestic semiconductor production through a range of incentives, while the IRA is designed to…

TL/DR - Georgia-based solar cell producer Suniva and Canada’s Heliene are partnering to produce solar panels, enabling users to obtain a new federal subsidy for American-made clean energy equipment. Under a three-year, $400m deal, Suniva will supply cells to Heliene, which will assemble them into panels capable of powering around 350,000 homes.…

TL/DR - Tennessee lawmakers are considering a bill, SB 2728, which would require high schools to provide free feminine hygiene products like tampons, panty liners, or menstrual cups in girls' bathrooms, locker rooms, and from the school nurse in an attempt to reduce absenteeism. The bill seeks to establish a "menstrual hygiene products…