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February 06, 2012
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Florida Asset Protection News

 

Grassley: $2 Million To Support Agriculture Counter-Terrorism Project In Iowa

WASHINGTON - Sen. Chuck Grassley said today that the U.S. Department of Homeland Security has awarded $2,000,000 to Iowa to prevent agro-terrorism.

The Iowa Department of Public Defense, Emergency Management Division, will use this funding to support the Agriculture Counter-terrorism Project, which will help build an enhanced and sustainable capacity to prevent, respond to and recover from threats or acts of terrorism.

"Terrorists disrupting our food supply is a real threat," Grassley said. "This funding can help the Agriculture Counter-terrorism Project become a national model that can be used across the country to protect our food supply. As one of the leading food producing states in the country, it's critically important the Iowa use this funding to determine how best to protect its agriculture industry."

This project will initiate interstate agro-security planning initiative and model asset protection for the food supply chain. The Agriculture Counter-terrorism Project will provide the agriculture industry with effective methods for identifying vulnerabilities and developing effective security strategies. This project will promote standard asset-level security programs that compliment regional counter-terrorism programs.

The Agriculture Counter-terrorism Project will collaborate with the Multi-State Partnership for Security in Agriculture to accomplish project objectives and promote initiatives.


 

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Did You Know?    
 
 
LLC envelope offers substantial advantages over other entities
LLC envelope offers substantial advantages over other entities, there are at least five common circumstances when a tax regime other than an S corporation may be more appropriate: 1) the business cannot qualify as an S corporation; 2) the one-class-of-stock limitation for S corporations cannot accommodate certain business terms agreed to by the parties; 3) the business involves appreciating assets (i.e., assets that have, or are likely to have, a fair market value in excess of basis), such as real estate; 4) the business has considerable debt and the owners anticipate significant losses; and 5) the wage-reduction tax strategy explained previously will not benefit the owners because either the primary income of the business is excluded from self-employment tax or, in the case of newly formed companies, one or more employee-owners already receive aggregate wages or self-employment income from an existing business in an amount which approaches the taxable wage base limitation

 


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News about Asset Protection cases in Florida and nationwide:

iJET Debuts Worldcue®
Annapolis, Maryland - March 14, 2006 - iJET announced today at the ASIS International Emerging Trends in Security conference the general avail...
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Critical Asset Identification Is Still Not Complete
In October 1998, a month before agencies’ initial CIP plans were due, CIAO issued its Vulnerability Assessment Framework. The framework was intende...
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Department Licenses State's First Group Captive For Fourteen Of New York’s Major Financial Institutions
        Superintendent of Insurance Gregory V. Serio today announced that the State Insurance Department has lic...
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Asset Protection Lawyers.com Terms

 


Today's Terms

Municipal bond

Definition:
An investment security for which a state or local government promises to pay an amount at maturity (usually more than five years in the future) with interest, in return for a current investment. Municipal bonds are generally tax-free, but not always.

Foreign Bank Accounts

Definition:
There is a thriving industry of offshore practitioners advising U.S. citizens to set up offshore bank accounts.

Offshore Financial Centers OFC

Definition:
A recent study found that by the end of 1997, the share of cross-border assets held in the offshore sector ($4.8 trillion) accounted for more than half of all cross-border assets held globally.

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Asset Protection Resources

 


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Asset Protection Hot Topics

 
Topics Related to Asset Protection:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax
  • Dynasty Trust
  • Annuities

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  • Tampa
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  • Winter Park
  • Winter Springs


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