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Tag Archives: penalties

Vote set on writing bank settlement into Calif. law

SACRAMENTO, Calif. — California will become the first state to write into law much of the national mortgage settlement negotiated this year with the nation’s top five banks, if state lawmakers approve wide-ranging legislation on Monday. Majority Democrats say they ...

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IRS reviving program seeking offshore tax cheats

WASHINGTON — The Internal Revenue Service is reviving a program that lets Americans who are hiding their assets overseas avoid criminal charges by paying their back taxes plus penalties. IRS Commissioner Douglas Shulman says that similar efforts in 2009 and ...

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Stronger penalties added for unreliable utilities

ANNAPOLIS — The Maryland Senate has added stronger penalties in a bill to increase the reliability of Maryland utilities. Senators approved an amendment on Wednesday that would enable utilities that are not meeting reliability standards to be penalized in 2012, ...

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