Kentucky Officially Enrolled in Federal Education Tax Credit Program
The owner says small businesses front expenses on credit cards and could lose fraud protections if the bill passes.
- A Portland video producer at Stoop Kid Pictures warned that the Credit Card Competition Act could weaken essential fraud protections for small businesses.
- Running a small production company involves significant upfront costs for gear rentals and Travel before clients pay, making reliable fraud protections critical for financial survival.
- While Supporters pitch the legislation as a win for small business, the producer argues that savings would primarily benefit big-box retailers rather than Small firms.
- Bills like the Credit Card Competition Act often advance quietly while attention is elsewhere, potentially leaving small businesses without necessary financial protections against fraud losses.
- Urging representatives to oppose the bill, the producer seeks a payment system that prioritizes security and protects Small business interests from unabsorbable fraud losses.
13 Articles
13 Articles
Adams opts Kentucky into 'One Big Beautiful Bill' scholarship tax credit program
Kentucky Secretary of State Michael Adams(Michael Adams)Kentucky will be among several states participating in a new scholarship tax credit under President Donald Trump's One Big Beautiful Bill. Secretary of State Michael Adams signed documentation Wednesday opting the commonwealth into the program, originally part of legislation in House Bill 1, over the veto of Gov. Andy Beshear, who attempted to reject the move in March. The program allows th…
Winchester Sun
Kentucky joins 2025 One Big Beautiful Bill Act through scholarship tax credit
FRANKFORT – Secretary of State Michael Adams formally opted Kentucky into the 2025 One Big Beautiful Bill Act’s scholarship tax credit by signing documentation with the Internal Revenue Service. Adams also signed a state regulation to establish the procedures for submitting, reviewing, and processing filings for Scholarship Granting Organizations (SGO) in Kentucky. “This President, Congress, General Assembly and Secretary of State have Kentucky …
Lewiston Sun Journal
Maine reps must oppose Credit Card Competition Act
I run Stoop Kid Pictures, a small video production company in Portland. We help local businesses and organizations tell their stories on camera. I know Mainers have enough to worry about right now. That’s exactly why I’m writing. Bills like the Credit Card Competition Act tend to slide through quietly while everyone’s attention is elsewhere. […]
Kentucky opts into federal education tax credit program
Secretary of State Michael Adams has formally opted Kentucky into the federal Education Freedom Tax Credit program established under the One Big Beautiful Bill Act, making the commonwealth eligible for a tax incentive that supporters say will expand educational options for K-12 students. The decision follows the March 2026 veto override of House Bill 1 by the Republican-controlled Kentucky General Assembly. Democratic Gov. Andy Beshear had vetoe…
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