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It happens this way: A contractor or subcontractor borrows money from a lender, and as security for the loan it gives the lender an assignment of or lien on its receivables and contract rights. A draft Bill is in my desk draw, if anyone at the State House cares to call me.)
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Program regulations are currently being drafted to include the expanded definition for “Advanced Manufacturers.” Higher credits (3% to 8%, depending on tier status) are available for investments in recycling or pollution control equipment and for defense plant manufacturing conversion to a new product.
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