Content Tagged As federal_law

1 year 3 months ago

Perlmutter introduces marijuana banking bill

WASHINGTON, DC - Colorado Congressman Ed Perlmutter, (D) Boulder, introduced legislation Wednesday that seeks to resolve conflicts in federal and state law that currently prevent marijuana business owners from opening bank accounts. Under current law, bankers and bank employees run the risk of being prosecuted under federal anti-money laundering...

3 years 2 weeks ago

New law protects foster kids from identity theft

PROVIDENCE, R.I. (AP) - A new federal law co-sponsored by a Rhode Island congressman includes a requirement that states run credit checks on older foster children to protect them from identity theft, something child welfare advocates say is a troubling trend. The law, co-sponsored by U.S. Rep. Jim Langevin, directs...

4 years 3 months ago

Roadside Baby Turtle Sales: Buyer Beware

Colorado Springs reptile shop Scales 'N Tails has been overrun this week with people bringing in baby turtles they bought from roadside sellers. They know this is just the start. In recent weeks, reports have surfaced of roadside sellers in Colorado Springs offering baby turtles for around $10 apiece....

4 years 3 months ago

Tanning bed tax begins

Getting a nice tan will cost you more green now that the federal tanning salon tax is in effect. The IRS expects to collect some $2.7 billion in taxes from tanning salons over the next decade, but local salons owners are worried that the 10 percent price increase will...

4 years 6 months ago

New federal law forces 2,500 layoffs

A new law that cuts banks out of the federal student loan business is costing 2,500 workers at Sallie Mae their jobs. The nation's largest student lender has told 1,200 staffers in service centers in Killeen, Texas, and Panama City, Fla., they will lose their jobs by year-end. The...

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