The Mexican league suspends promotions and descents for the next six seasons

first_imgIn addition, it has been agreed to end the 2019-2020 season of Ascenso MX, as well as “temporarily suspend “promotion and relegation for the next six seasons and eliminate the Liga MX Minor Rule from the 2020-2021 season.He also clarified that The 12 clubs that decide to do so and that currently make up this division may participate in Ascenso MX, as well as the Liga MX Clubs that are not currently in Ascenso MX and voluntarily decide to participate, plus three invited Premier League clubs.60 million pesos “distributed in equal parts” will be allocated to the 12 Ascenso MX clubs so that “they can fulfill their current obligations”, and 240 million pesos annually for the following six seasons -20 million per club- to “support the growth” of the clubs that are currently in Ascenso MX and that continue to participate in the new division. The Mexican Soccer Federation has announced that it will suspend promotions and decreases in categories in the country’s leagues for the next seasons to prevent the “disappearance” of some clubs, in addition to confirming that hThe course at Ascenso MX has ended.Thus, it has been determined after the meeting of the Executive Committee and the Extraordinary Assembly of the federation. “After analyzing the situation that Ascenso MX is currently experiencing and in order to guarantee its non-disappearance and, therefore, the continuity of the clubs that make up this division, The representatives of Liga MX, Ascenso MX, Premier League, Liga TDP and Sector Amateur, unanimously voted in favor of the rescue of the Division of Ascenso MX“the statement said.last_img read more

Gov Inslee signs estate tax fix into law

first_imgOLYMPIA — A legislative fix to a court ruling on the estate tax was signed into law by Gov. Jay Inslee early Friday morning, hours before the state was to start issuing millions of dollars in refunds.Inslee signed the bill, joined by Democratic and Republican lawmakers from the House and Senate, shortly after the Senate approved the measure on a 30-19 vote just before midnight Thursday. The Senate vote came after a full day of negotiations following passage by the House Thursday morning.“This is a good step forward in our effort to improve the financing for the education for our children,” Inslee said before signing the bill.Officials with the state Department of Revenue had said the state could have to pay out $160 million over the next two years if the fix isn’t made to the law. The figure includes money lost through refunds and a decline in future collections.Lawmakers scrambled to reach a deal in time to prevent the first $13 million the state agency said it would have to send to 10 estates before a 9 a.m. court hearing on Friday. The measure passed Thursday night was a legislative workaround to last year’s ruling by the state Supreme Court, which determined the estate tax did not apply to married couples who had used a certain type of trust in their estate planning.last_img read more