Appropriations Bill

News & Analysis as of

Financial Services Weekly News Roundup - December 2014 #3

Amendment to Swaps Push-out Provision of Dodd-Frank: Section 630 of the recently passed Consolidated and Further Continuing Appropriations Act, 2015 (“Omnibus Spending Bill” – see p. 249) amends Section 716 of the Dodd-Frank...more

Before Adjourning, US Congress Adopts Budget With Dodd-Frank Amendments; Fails To Pass Terrorism Risk Insurance Legislation

Before the 113th Congress adjourned on December 16, Congress adopted the Consolidated and Further Continuing Appropriations Act of 2015, which ensures the federal government operates with budget certainty until September...more

Congress Funds Cybersecurity: Spending Bill Allocates over $1 Billion to Cybersecurity

The final spending bill of the 113th Congress, which keeps the government doors open until September 30th of 2015, was passed by the House on December 11th, the Senate on the 13th, and signed by the President on December...more

President Obama Signs the Multiemployer Pension Reform Act of 2014

New legislation is enacted to assist and fortify deeply troubled multiemployer pension plans. On December 16, U.S. President Barack Obama signed into law sweeping changes to the current law that governs multiemployer...more

Multiemployer Pension Relief Act Provides Little Relief to Contributing Employers

On December 16, 2014, President Obama signed into law the Consolidated and Further Continuing Appropriations Act, 2015 (“Omnibus Spending Bill”), which will fund government operations through September, 2015. Typically, the...more

Our Dysfunctional Congress Skedaddles, Leaving TRIA to Die

Last Friday we reported that the House of Representatives had finally passed a bill reauthorizing the Terrorism Risk Insurance Act (TRIA) and sent it to the Senate. The post included a picture of a cartoon bomb with a lit...more

What Really Happened to the Swap Pushout Rule and Dodd-Frank Sleepers From Cromnibus

The swap pushout rule was originally embodied in Section 716 of the Dodd-Frank Act. Among other things, it prohibited “federal assistance” to any “swaps entity.” Insured depository institutions were subject to this...more

"CRomnibus" Spending Bill Makes Significant Changes to Law Governing Multiemployer Pension Plans

The Multiemployer Pension Reform Act of 2014, part of the trillion-dollar government funding legislation (the so-called "CRomnibus" bill) approved by the House of Representatives on December 11, the Senate on December 13,...more

ML Strategies Energy and Environment Update: Week of 12/15/2014

ENERGY AND CLIMATE DEBATE - Energy and environmental issues abounded on the congressional as well as international fronts last week, and they will continue to play a prominent role in the last couple of weeks of 2014....more

Congress Passes FY 2015 Omnibus Appropriations Bill: What it Means for Labor and Employment Agencies

Narrowly averting a federal government shutdown, on December 13 in a rare Saturday evening session the Senate passed the massive 1600 page, $1.1 trillion FY2015 Omnibus Appropriations bill that will fund government operations...more

In 2014, Will Congress Pass Any Maritime Legislation?

Following its usual summer break over August 2014, Congress came back from its five-week summer recess and spent a whopping eight days or so back in session before recessing once again, approximately a week early, to hit the...more

Capital Project Bills to Reduce Spending and Debt Head to House Floor

A bill that would curb spending increases for certain capital projects, and another to reduce borrowing, may be voted on by the full House Wednesday. The House Finance Committee approved H.B. 2419 and H.B. 2420 yesterday as...more

2014 Comprehensive Report

Historically, the “Short Session” of the North Carolina General Assembly focuses on state budget corrections and adjustments. Frequently, legislators will also work on additional legislation while they are in Raleigh. This...more

White House Immigration Update

On August 5th, the White House released a comprehensive update on President Obama’s efforts relating to immigration these past few months, including traveling to Texas in July to meet with local officials, faith leaders, and...more

Congress Passes Highway Funding Bill; Includes Pension Funding Relief

Last week, Congress gave final approval to a $10.8 billion bill that will keep federal highway funds flowing to states through the busy summer construction season. While this short-term “patch” offers some relief, it is now...more

Energy Technology Connections: Your Law Firm Link to Industry News - August 2014

In This Issue: - Leaders in the News - Washington Update - Event Highlights - Innovator Profile - Energy Navigator - Upcoming Events - Excerpt from Washington...more

Here We Go Again—Significant Threat of Automatic Debarment from Government Contracts Slipping in Under the Wire!

Two weeks ago, the U.S. House of Representatives passed, by voice vote, a little-understood and little-noticed amendment to the Fiscal Year 2015 Energy and Water Development and Related Agencies Appropriations Act (H.R. 4923)...more

Budget Season: It’s Over, But Not…

The General Appropriations bill was passed on time, with the fiscal code bill quickly following in early July. However, in what was one long hot summer week, both bills sat unsigned on the governor’s desk for the better part...more

ML Strategies’ Energy & Environment Update: July 2014 #3

The House Appropriations Committee approved July 15 a fiscal year 2015 spending bill for the Interior Department, the Environmental Protection Agency, and related agencies after Republicans opposed Democratic attempts to...more

House Appropriations Amendments Would Halt CPSC’s Voluntary Recalls Rule; Fund Testing Relief

The House of Representatives is currently considering H.R. 5016, the Financial Services and General Government Appropriations Act of 2015, which provides funding to many different parts of the federal government for the next...more

The Lay of the Land – July 2014

While the governor has the general appropriations bill on his desk and is considering his options for signature or veto, the General Assembly is still working out the details on this year’s Fiscal Code bill. The Fiscal Code,...more

From Second and State: Week of June 30 – July 4, 2014

This may be a “Week Ahead” edition, but it is really all about the hours leading up until midnight tonight. The back and forth of budget negotiations over the weekend have turned the corner into the final hours before the...more

House-Passed Defense Spending Bill Prohibits Spending On Green Energy

On June 20, 2014, the U.S. House of Representatives passed its version of the fiscal year (FY) 2015 appropriations bill to fund the U.S. Department of Defense (DOD), H.R. 4870, including language repealing Section 526 of the...more

Under the Dome: Inside the Maine State House

Governor, Attorney General Disagree Over General Assistance - In what has been characterized by some as capitalizing on a national political issue, the Department of Health and Human Services has issued guidance to...more

72 Hours to Spend Billions of Dollars

The June 30th budget deadline is just over 72 hours away. It might seem that three days isn’t very much time to get a majority of the 203 member House and the 50 member Senate to agree on a nearly $30 billion spending plan....more

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