Are the November State Tax Initiatives worrying you about going for a local school bond or parcel tax election? Teleconference on... by Orrick, Herrington & Sutcliffe LLP on 5/17/2012 Presentation Outline: - Section 1: Navigating the School Bond Environment • Current Political Climate • School Finance Practices Under Scrutiny • What about the November State Tax Initiatives? • Opportunities to...more
Section 529 Plans - Qualified Tuition Program: COLLEGE SAVINGS PLANS THAT THE IRS EMBRACES by Jaburg Wilk on 5/9/2012 As higher education costs continue to escalate, parents or grandparents may look to different savings vehicles for their children’s college fund. The IRS, under section 529, provides parents with the opportunity for a higher...more
California Legislative Analysts Office Examines Fiscal Oversight System For School Districts by Kronick, Moskovitz, Tiedemann & Girard on 5/8/2012 The California Legislative Analysts Office ("LAO") released a report on April 30, 2012 entitled "School District Fiscal Oversight and Intervention," in which it examined the State's fiscal oversight system for school...more
Voluntary Payments in Lieu of Taxes a Growing Trend Nationwide by Franczek Radelet P.C. on 5/8/2012 As local governments continue to search for additional sources of revenue in times of fiscal uncertainty, a little known but long-standing mechanism is getting renewed attention. The concept of payments in lieu of taxes,...more
This Week in Washington - May 4, 2012 by Patton Boggs LLP on 5/7/2012 In This Issue: DOMESTIC POLICY MATTERS Fiscal Year (FY) 2013 Budget/Appropriations. As Congress returns from recess on Monday, the House Budget Committee will consider legislation to replace the automatic spending...more
Executive Order on military educational benefits includes role for CFPB by Ballard Spahr LLP on 5/1/2012 As reported in a recent blog post by Holly Petreaus, Assistant Director of the CFPB’s Office of Servicemembers Affairs, an Executive Order signed last week by President Obama directs the Secretaries of Defense, Veterans...more
Capital Thinking Update - April 23, 2012 by Patton Boggs LLP on 5/1/2012 General Legislative On Monday, April 23, 2012, the House will meet in pro forma session at 11:00 a.m. with no votes expected. On Tuesday, April 24, the House will meet at 12:00 p.m. for morning hour and at 2:00 p.m. for...more
Ex-Dean: I Expect Some Law Schools to Close [Video] by Bloomberg Law on 4/25/2012 April 25 (Bloomberg Law) -- Former University of Nebraska and University of Houston Law School Dean Nancy Rapoport tells Bloomberg Law's Lee Pacchia that she expects some law schools to close their doors because of the...more
Law Brings Rescue from Suffocating Student Debt by Lawyers.com on 4/25/2012 A new law under consideration by the United States Senate could make bankruptcy a viable option for consumers who are struggling to repay their student loans, if the loans came from a private lender. - Student loans...more
Under the Dome: 2012 Summary of New Maine Laws by Pierce Atwood LLP on 4/23/2012 We are pleased to share our summary of new laws enacted by the State of Maine 125th Legislature, 2nd Regular Session. When the Legislature completes its business, we will update the 2012 Summary of New Maine Laws report...more
Capital Thinking Update - April 16, 2012 by Patton Boggs LLP on 4/18/2012 General Legislative On Monday, April 16, 2012, the House will meet at 2:00 p.m. for legislative business. The House will consider the following bills under suspension of the rules: H.R. 3001, the Raoul Wallenberg...more
Capital Thinking Update - March 26, 2012 by Patton Boggs LLP on 3/29/2012 In this issue: General Legislative; Agriculture; Budget, Appropriations; Education; Energy; Environment; Financial Services; Health Care; Tax; and, Transportation. Excerpt from General Legislative On Monday,...more
How to Discharge Student Loans in Bankruptcy by Tampa Bay Bankruptcy Center, P.A. on 3/19/2012 In my previous article, I wrote about how student loans cannot be discharged through bankruptcy. This fact has been driven home through the changes in the law since 2005 when the Bankruptcy Abuse Prevention and Consumer...more
Capital Thinking Update - March 19, 2012 by Patton Boggs LLP on 3/19/2012 General Legislative On Monday, March 19, the House will convene at 4:00 p.m. for legislative business. The following legislation will be considered pursuant to a rule: H.R. 5, the Help Efficient, Accessible, Low-cost,...more
Student Loans and Bankruptcy Discharge by Tampa Bay Bankruptcy Center, P.A. on 3/19/2012 In the past, student loans could be discharged by bankruptcy but not anymore. Since 1976, the bankruptcy code was changed to disallow student loans from being discharged. Recent statistics have shown that the amount of...more