Time is running out on a tax rebate for energy-efficient home repairs. The $1,500 tax credit was part of the federal stimulus and has helped Georgia businesses selling air-conditioners, water heaters and other products. Gill Sasser of Savannah Window World says, he hopes Congress renews it before it expires in a month.
The University of Georgia says, it attracted more research funding in the fiscal year that ended in June than it's ever attracted before. The record-breaking amount, $176 million, was bolstered by $24 million in federal stimulus money that probably won't be coming back.
Georgia officials have six weeks left to distribute $7.6 million dollars of federal stimulus aid to low-income families. Congress made the money available through the Recovery Act in 2009. But Georgia waited more than a year to apply for the funding. Now, more than 113 agencies across the state are working to use all of the funds by the September 30 deadline, or lose them.