The bonds designed by the U.S. government to help municipalities recover from the worst recession since the Great Depression may cost them millions of dollars in unforeseen borrowing costs instead of saving them money. Build America Bonds were part of ...

Tagged with: American Recovery and Reinvestment Act Build America Bonds

MEMC Electronic Materials Inc. has entered into a $250 million revolving credit facility with Bank of America, PNC Bank National Association and US Bank National Association. The company said the $250 agreement, which runs for three years, replaces the $200 ...

Tagged with: American Recovery and Reinvestment Act Boone Center Inc. Community Development Block Grant DAC Machine & Tool Inc. James McQueeney LMI Aerospace Inc. MEMC Electronic Materials Inc. Missouri Department of Economic Development Robert Grah Ryan Bogan St. Peters stimulus funds tax credits Warren County

Starting in January, the Missouri Career Center will offer an “On-the-Job-Training” program that can reimburse eligible employers up to 50 percent of a new worker’s wages for up to six months. The OJT program in St. Charles County will have ...

Tagged with: American Recovery and Reinvestment Act Don Holt Missouri Career Center On-the-Job-Training program St. Charles County U.S. Department of Labor

St. Charles County Executive Steve Ehlmann earlier this month signed an executive order that expedites the process of distributing $465,806 for assistance to the homeless and programs aimed at preventing homelessness. Ehlmann’s action allows members of the Community Assistance Board ...

Tagged with: American Recovery and Reinvestment Act Community Assistance Board Homeless Prevention and Rapid Re-housing Program Jennifer George St. Charles County Steve Ehelmann

The county’s clearing house for community developmental disability service providers has received a portion of the federal stimulus dollars. The state appropriated $2.4 million from the American Recovery and Reinvestment Act funds to provide additional funding to locally based services ...

Tagged with: American Recovery and Reinvestment Act Development Disabilities Resource Board Ron Levy

Last Tuesday’s “Kitchen Table Talk” left people with lots of unanswered questions about how the federal stimulus money will impact them, so The Business Record asked U.S. Sen. Claire McCaskill’s office if she could answer a couple questions she couldn’t ...

Tagged with: American Recovery and Reinvestment Act Claire McCaskill Small Business Administration

A couple hundred residents gathered in the gymnasium at St. Charles County Community College Tuesday looking to the government for answers. However, U.S. Sen. Claire McCaskill only got to 10 questions submitted by the audience during the hour-long forum. Dozens ...

Tagged with: American Recovery and Reinvestment Act Claire McCaskill economy St. Charles County Community College stimulus

In addition to making changes to COBRA and the tax laws, the American Recovery and Reinvestment Act of 2009 also included changes to the Health Insurance Portability and Accountability Act. The changes, which affect HIPAA’s privacy and security requirements, came ...

Tagged with: American Recovery and Reinvestment Act Barack Obama COBRA Health Insurance Portability and Accountability Act. tax laws