logo
Pennsylvania Sen. looks to enact ‘back-to-school sales tax holiday'

Pennsylvania Sen. looks to enact ‘back-to-school sales tax holiday'

Yahoo28-02-2025

PENNSYLVANIA (WTAJ) — A senator announced plans to introduce legislation that would establish a back-to-school sales tax holiday.
The bill, authored by Sen. Lisa Boscola (D – Lehigh, Northampton), would create an annual sales tax holiday that would run from the first Saturday in August through the third Saturday in August. Boscola argued that during a time when high inflation 'plagues families across Pennsylvania,' there is no need to complicate the already difficult balance of providing a healthy upbringing.
'While everyone is hurting from the effects of inflation, the impact on families with children and college students is amplified when it's time to purchase essential school supplies,' Boscola wrote. 'Like most items, prices of school supplies have risen sharply with inflation. I believe we can do something to help these Pennsylvanians.'
During the time aforementioned, school supplies, art supplies and instructional materials with a sales price of not more than $50 would be exempt from state sales tax. Personal computers and tablets with a sale price of not more than $1,500 would also be exempt.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Uncovering UK Penny Stocks: Devolver Digital And 2 Other Top Contenders
Uncovering UK Penny Stocks: Devolver Digital And 2 Other Top Contenders

Yahoo

time39 minutes ago

  • Yahoo

Uncovering UK Penny Stocks: Devolver Digital And 2 Other Top Contenders

The UK stock market has recently faced challenges, with the FTSE 100 and FTSE 250 indices slipping due to weak trade data from China, impacting companies closely tied to its economic fortunes. Despite these broader market concerns, penny stocks remain an intriguing area of exploration for investors. While the term "penny stocks" may seem outdated, these often smaller or newer companies can offer growth potential at lower price points when supported by strong financials and solid fundamentals. Name Share Price Market Cap Financial Health Rating Foresight Group Holdings (LSE:FSG) £4.12 £463.53M ★★★★★★ Stelrad Group (LSE:SRAD) £1.46 £185.93M ★★★★★☆ Cairn Homes (LSE:CRN) £1.846 £1.15B ★★★★★☆ Ultimate Products (LSE:ULTP) £0.746 £62.8M ★★★★★☆ Van Elle Holdings (AIM:VANL) £0.38 £41.12M ★★★★★★ Polar Capital Holdings (AIM:POLR) £4.50 £433.86M ★★★★★★ LSL Property Services (LSE:LSL) £2.90 £299.56M ★★★★★☆ Begbies Traynor Group (AIM:BEG) £1.065 £169.9M ★★★★★★ Croma Security Solutions Group (AIM:CSSG) £0.86 £11.84M ★★★★★★ Braemar (LSE:BMS) £2.31 £72.27M ★★★★★★ Click here to see the full list of 407 stocks from our UK Penny Stocks screener. Let's explore several standout options from the results in the screener. Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Devolver Digital, Inc. is a video game developer and publisher operating across multiple platforms globally, with a market cap of £106.76 million. Operations: The company generates revenue primarily from its Computer Graphics segment, totaling $104.78 million. Market Cap: £106.76M Devolver Digital, Inc., a video game developer and publisher with a market cap of £106.76 million, has demonstrated resilience despite being unprofitable. The company reported revenue of US$104.78 million for 2024, up from US$92.36 million the previous year, while reducing its net loss to US$6.14 million from US$12.74 million. Devolver remains debt-free and possesses sufficient cash runway for over three years based on current free cash flow levels, indicating financial stability in the short term despite ongoing losses and negative return on equity (-3.85%). Earnings are forecasted to grow significantly at 106% annually moving forward. Navigate through the intricacies of Devolver Digital with our comprehensive balance sheet health report here. Gain insights into Devolver Digital's outlook and expected performance with our report on the company's earnings estimates. Simply Wall St Financial Health Rating: ★★★★★★ Overview: RWS Holdings plc offers technology-enabled language, content, and intellectual property services globally, with a market capitalization of £330.95 million. Operations: The company's revenue is derived from four main segments: IP Services (£102.3 million), Language Services (£327.1 million), Regulated Industry (£146.5 million), and Language & Content Technology (£142.3 million). Market Cap: £330.95M RWS Holdings, with a market cap of £330.95 million, has become profitable in the past year despite facing challenges such as an inexperienced management team and board. The company's diverse revenue streams include IP Services (£102.3M) and Language Services (£327.1M), among others. However, earnings are expected to decline by 10.9% annually over the next three years, and its dividend yield of 13.91% is not well supported by earnings or free cash flow. Recent executive appointments aim to drive growth and innovation, while RWS's debt is well covered by operating cash flow (101%). Jump into the full analysis health report here for a deeper understanding of RWS Holdings. Learn about RWS Holdings' future growth trajectory here. Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Pensana Plc focuses on the exploration and development of mineral properties in the United Kingdom and Angola, with a market cap of £161.68 million. Operations: Currently, there are no revenue segments reported for the company. Market Cap: £161.68M Pensana Plc, with a market cap of £161.68 million, is pre-revenue and focuses on mineral exploration in the UK and Angola. Recent developments include a £2 million follow-on equity offering and an updated ore reserve estimate for its Longonjo project, which positions it as one of the largest undeveloped magnet metal projects globally. Despite being unprofitable, Pensana has reduced losses over five years and maintains a satisfactory net debt to equity ratio of 31.8%. The company has secured significant financing commitments totaling US$267.9 million to support its ambitious project plans but faces high share price volatility. Click here and access our complete financial health analysis report to understand the dynamics of Pensana. Gain insights into Pensana's historical outcomes by reviewing our past performance report. Take a closer look at our UK Penny Stocks list of 407 companies by clicking here. Looking For Alternative Opportunities? These 18 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:DEVO AIM:RWS and LSE:PRE. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

Supreme Court declines to hear GOP request to review Pa. provisional ballot ruling
Supreme Court declines to hear GOP request to review Pa. provisional ballot ruling

Yahoo

timean hour ago

  • Yahoo

Supreme Court declines to hear GOP request to review Pa. provisional ballot ruling

A GOP challenge to the Pennsylvania Supreme Court's ruling on provisional ballots is dead after the U.S. Supreme Court declined to hear the case. The high court's rejection June 6 means county boards of elections must count provisional ballots cast by voters who find out their mail-in ballots have been rejected under the state Supreme Court's decision in October. The case at issue, Faith Genser et al vs. the Butler County Board of Elections, stemmed from a lawsuit filed after the 2024 primary election by two Butler County voters. They claimed they were disenfranchised when the board refused to count provisional ballots the voters cast on Election Day, after learning their mail ballots were disqualified for missing dates. Pa. politics: Erie County Democrats have slimmest voter registration edge in decades The board of elections reasoned the Pennsylvania Election Code says provisional ballots from voters whose mail-in ballots are 'timely received' can't be counted, even if the voters' mail-in ballots are rejected. In its 4-3 decision, the state Supreme Court found the Elections Code requires county elections officials to count provisional ballots if no other ballot is attributable to the voter, and as long as there are no other issues that would disqualify their provisional ballot. The U.S. Supreme Court did not explain its decision not to hear the appeal. Attorneys for the RNC and Republican Party of Pennsylvania did not respond to an email requesting comment. 'Republicans don't think every rightful vote should count. We disagree, and now, the Supreme Court has sided with us. Pennsylvanians deserve to have their say in every election ― full stop,' Democratic National Committee Chairperson Ken Martin said in a statement. The case is one of many involving 'paperwork errors' on vote-by-mail-ballots, since absentee voting without an excuse became an option in 2019 with the passage of Act 77. 'Every election, thousands of Pennsylvania mail ballots are voided due to common technical mistakes made by voters,' Rich Ting, senior staff attorney at the ACLU of Pennsylvania, said. 'Thanks to Faith Genser and Frank Matis fighting for their right to vote, all Pennsylvania voters who make those mistakes are guaranteed the right to vote by provisional ballot as a failsafe.' The ACLU of Pennsylvania and the Public Interest Law Center with pro-bono counsel from Dechert LLP represented Genser and Matis in their lawsuit. 'The Supreme Court's determination not to hear this case means that Pennsylvanians who make a technical mistake with their mail-in ballots will have a way to fix the mistake instead of losing the opportunity to vote,' Ben Geffen, senior attorney at the Public Interest Law Center, said. In its petition to the U.S. Supreme Court, the GOP argued the state Supreme Court usurped the Pennsylvania Legislature's authority to set the 'times, places and manner' for congressional elections, leaning on a premise known as the 'independent state legislature theory.' That theory asserts that the U.S. Constitution reserves the authority to set the times, places and manner of elections exclusively for state legislatures. In opposition, the DNC and Pennsylvania Democratic Party asserted that the U.S. Supreme Court lacks jurisdiction, because the case falls outside the limited circumstances in which it can review the judgment of a state's highest court. Such appeals are allowed only when a federal law is in question, a state law is claimed to conflict with federal law or 'where any title, right, privilege, or immunity is specially set up or claimed under the Constitution.' The June 6 decision is the second time the U.S. Supreme Court has passed on reviewing the Pennsylvania Supreme Court's decision. In November it refused to place a stay on enforcement of the ruling days before the presidential election. The Pennsylvania General Assembly has taken steps to pass amendments to clarify the vote-by-mail law in recent weeks. House Bill 1396, sponsored by Speaker Joanna McClinton, D-Philadelphia, would give election workers up to a week before Election Day to prepare to count mail-in ballots, a process that has been a bottleneck for election results in parts of the state, and has provided fodder for election deniers. The measure would remedy other ambiguities in Act 77, such as making clear that county election officials must notify voters if their mail ballots are rejected. It passed the House with a 102-101 vote along party lines May 13. Peter Hall has been a journalist in Pennsylvania and New Jersey for more than 20 years, most recently covering criminal justice and legal affairs for The Morning Call in Allentown. Pennsylvania Capital-Star is part of States Newsroom, the nation's largest state-focused nonprofit news organization. This article originally appeared on Erie Times-News: Supreme Court won't hear GOP challenge to PA provisional ballot ruling

NewHydrogen's Plan to Win the Green Hydrogen Race
NewHydrogen's Plan to Win the Green Hydrogen Race

Yahoo

time2 hours ago

  • Yahoo

NewHydrogen's Plan to Win the Green Hydrogen Race

SANTA CLARITA, Calif., June 12, 2025 (GLOBE NEWSWIRE) -- NewHydrogen, Inc. (OTCQB: NEWH), developer of ThermoLoop™, a technology that uses water and heat to produce the world's cheapest green hydrogen, today described its plan to replace expensive electrolyzers and win the renewable hydrogen race. NewHydrogen CEO Steve Hill said, 'Today, using electrolyzers is the only commercially available way to split water to produce renewable hydrogen. Electrolyzers have dominated the headlines, but their reign may be coming to an end. The time has come to kill electrolyzers!' 'The renewable hydrogen industry's heavy bet on electrolysis is holding it back,' Mr. Hill continued. 'Why? Because electrolyzers are old tech—expensive, inefficient, and fundamentally flawed. These 200-year-old systems still depend on large amounts of electricity and face major cost and scaling challenges. Despite massive investment, they've struggled to deliver the cost reductions and reliability needed to help unlock the global hydrogen economy.' ThermoLoop is being developed to change that. Instead of electricity, ThermoLoop can use any source of heat to split water into hydrogen and oxygen, making it a fundamentally different, and a more promising approach. By addressing key limitations that have dogged electrolyzers for decades, ThermoLoop has the potential to leapfrog the current state of the art and win the green hydrogen race. At the heart of ThermoLoop is its novel materials and novel reactions that keep the process running at nearly the same temperature—eliminating the energy losses of traditional thermochemical heating and cooling cycles. The Company believes this can overcome a long-standing thermochemical challenge: how to scale without wasting energy. This approach enables continuous, 24/7 hydrogen production wherever there's heat and water. Even when using large industrial heaters powered by electricity, ThermoLoop's theoretical heat-based thermodynamic efficiency suggests it can outperform electrolyzers on a cost-per-kilogram basis. That can make ThermoLoop technology not only an alternative, but a direct threat to the electrolysis-first strategy dominating today's hydrogen buildout. Mr. Hill concluded, 'Relying on inefficient electrolyzer technology won't get us to the projected $12 trillion hydrogen economy. Other horses in the race that rely on massive tracts of land and part-time sunlight won't get us there either. In my opinion, it's ThermoLoop or bust. We believe ThermoLoop can offer a smarter path forward and has the potential to be the key to finally delivering on green hydrogen's global promise.' To watch a short explainer video about ThermoLoop™ or to learn more about NewHydrogen's mission to produce the world's cheapest green hydrogen, visit About NewHydrogen, Inc. NewHydrogen is developing ThermoLoop™ – a breakthrough technology that uses water and heat to produce the world's lowest cost green hydrogen. Hydrogen is the cleanest and most abundant element in the universe, and we can't live without it. Hydrogen is the key ingredient in making fertilizers needed to grow food for the world. It is also used for transportation, refining oil and making steel, glass, pharmaceuticals and more. Nearly all the hydrogen today is made from hydrocarbons like coal, oil, and natural gas, which are dirty and limited resources. Water, on the other hand, is an infinite and renewable worldwide resource. Currently, the most common method of making green hydrogen is to split water into oxygen and hydrogen with an electrolyzer using green electricity produced from solar or wind. However, green electricity is and always will be very expensive. It currently accounts for 73% of the cost of green hydrogen. By using heat directly, we can skip the expensive process of making electricity and fundamentally lower the cost of green hydrogen. Inexpensive heat can be obtained from concentrated solar, geothermal, nuclear reactors and industrial waste heat for use in our novel low-cost thermochemical water splitting process. Working with a world class research team at UC Santa Barbara, our goal is to help usher in the green hydrogen economy that Goldman Sachs estimated to have a future market value of $12 trillion. Safe Harbor Statement Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, the impact on the national and local economies resulting from terrorist actions, the impact of public health epidemics on the global economy and other factors detailed in reports filed by the Company with the United States Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Investor Relations Contact: NewHydrogen, in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store