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Capital Thinking: Energy

LEGISLATIVE ACTIVITY - SENATE ENR COMMITTEE VOTES TO APPROVE FERC NOMINEES, KEYSTONE XL BILL - On Wednesday, June 18, the Senate Energy and Natural Resources (ENR) Committee held a business meeting in executive...more

A perspective on the continuing saga of construction defects law

Ever since 2003, when comprehensive legislation was passed to address abuses in the pursuit by the plaintiff’s bar of windfalls from massively overstated litigation claims regarding alleged construction defects in the...more

The New York Legislature Passes a Bill Eliminating the Annual Wage Notice Requirement

Employers in New York will not have to issue annual wage notices to employees in 2015 and beyond. On June 19, 2014, a bill was passed in both the New York Assembly and Senate that eliminates the requirement contained in the...more

Nossaman Develops Model Social Infrastructure P3 Bill

Many federal, state and local government agencies are looking for innovative and cost effective methods to deliver essential social infrastructure such as educational facilities, hospitals and criminal justice facilities and...more

Water Resources Legislation Could Lead to Increase of U.S. Water P3s

President Obama recently signed into law the Water Resources and Reform Development Act of 2014 (WRRDA). The statute begins to address ways to fund the billions of dollars necessary to update the country’s drinking water...more

OFCCP Announces Timeline for Issuing Proposed Rules on President Obama’s Compensation Agenda

The Office of Federal Contract Compliance Programs (“OFCCP”) plans to issue proposed rules implementing President Obama’s recent executive actions on the compensation practices of federal contractors. ...more

WIFIA: New $350 Million Water Project Federal Financing Program

After seven years of effort, Congress passed H.R. 3080, the Water Resources Reform and Development Act. President Obama is poised to add his signature. This is a vitally important piece of legislation for BB&K clients and...more

"Lien In": North Carolina General Assembly Revisits New Mechanics Lien Laws

Last April, we wrote about the significant changes to the North Carolina mechanics lien laws, which are continuing to create issues and opportunities for owners, contractors, subcontractors and title companies working in the...more

Mechanics Liens Bill Movement

HB 1101 and HB 1102 dealing with Mechanics Liens which we wrote about earlier this week will be considered Wednesday 5/28 at 10:00 in the Subcommittee C of the House Judiciary Committee...more

2014 Legislative Short Session - Education Bills Introduced

The NC General Assembly kicked off its 2014 Short Session (adjournment goal of July 4th is reasonable) with bill introductions that are relevant...more

Senate MAP-21 Reauthorization Bill

The Senate Environment & Public Works (EPW) Committee released a bipartisan six-year surface transportation bill late yesterday evening. The bill, titled the MAP-21 Reauthorization Act, will be marked up by the committee on...more

Redevelopment 2.0 -- Infrastructure Financing Districts Approved for Redevelopment Project Areas

Despite being destroyed and dismantled, redevelopment in California has been born once again, this time reincarnated under the name of "Infrastructure Financing Districts." Last week, Governor Brown signed into law AB 471,...more

President’s Executive Order Increases Minimum Wage For Federal Contractors

On February 12, 2014, President Obama increased the minimum wage for federal contractors and subcontractors by an Executive Order to $10.10 per hour. This announcement comes on the heels of 13 states and four cities that also...more

Australia: Building and Construction Industry (Improving Productivity) Bill 2013

The Building and Construction Industry (Improving Productivity) Bill 2013 (the Bill) was introduced into Parliament on 14 November 2013. The stated aim of the Bill is to substantially replicate the Building and...more

Farm Bill Passage A Boon To Homebuilders

The Farm Bill, which was approved by the Senate on Monday and the House last week, contains a provision that was supported by the National Association of Home Builders (NAHB) that will enable millions of Americans to maintain...more

Senate Finance Committee Tax Reform Proposal Streamlines Energy Tax Credits

On December 18, 2013, Senate Finance Committee Chairman Max Baucus (D-MT) released a proposal that would streamline energy tax incentives to make them more predictable and technology neutral. The proposal would consolidate...more

There is an amendment to Railroad Law that could boost the market

Last Tuesday, House of Representatives approved a bill to amend the Law for Railroad Service in order to open competition, and to keep up with the upcoming train projects in Mexico. According to the Minutes of the...more

Increase to Federal Construction Minimum Wage May Mean Little

It has been widely reported that during his State of the Union address the President will announce a plan to issue an executive order requiring construction workers on federal projects be paid a minimum wage of at least...more

President Obama Expected To Increase Minimum Wage For Federal Contractor Employees

President Obama is expected to announce at his State of the Union address that he will issue an executive order to increase the minimum wage for employees of federal contractors to $10.10 an hour. The anticipated...more

Sweeping Overhaul of Federal Energy Tax Credits Is Unveiled

This week, Senator Max Baucus, the outgoing Chairman of the Senate Finance Committee who has been developing a comprehensive overhaul and simplification of the federal income tax, introduced a bill that would scrap 42...more

Senator Baucus Proposes New Regime for Energy Tax Incentives

On December 18, Senate Finance Committee Chairman Max Baucus, D-Mont., released a discussion draft of legislation that aims to reform U.S. energy tax incentives. The proposed energy tax incentives are a simpler set of...more

President Obama’s New Memorandum on Federal Agency Use of Renewable Energy and Energy Management

On December 5, 2013, President Obama issued a memorandum establishing (1) a new goal for federal agencies’ use of renewable energy and (2) new energy management directives (Memorandum). By fiscal year 2020, the Memorandum...more

Secretary's Order Encourages Mitigation Efficiency and Predictability for Infrastructure Development Projects on Federal Lands

On October 31, 2013, U.S. Interior Secretary Sally Jewell issued Order No. 3330 to establish a Department-wide mitigation strategy that focuses on mitigation opportunities at the landscape level. Order No. 3330 is part of a...more

Automatic Reductions in Subsidy Payments for Certain Direct Pay Bonds will Continue for Fiscal Year 2014

Pursuant to the requirements of the Budget Control Act of 2011 and the American Taxpayer Relief Act of 2012, on March 1, 2013, President Obama signed an Executive Order reducing the budgetary authority in accounts subject to...more

Tweaked & Overhauled: The Latest on Virginia Construction Law

Each year, Virginia’s legislature overhauls or tweaks existing legislation and occasionally enacts entirely new legislation of which construction industry operators should remain aware. This year was no exception. The...more

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