In the pursuit of economic fairness, Ohio finds itself at a crossroads with the One Fair Wage petition (One Fair Wage), a movement aiming to amend Article II, Section 34a of the Ohio State Constitution to increase the minimum...more
Se publicó en el Diario Oficial de la Federación (DOF) el Decreto por el que se fomenta la inversión de los contribuyentes que realicen actividades económicas productivas al interior de los Polos de Desarrollo para el...more
On January 20, 2023, Governor Glenn Youngkin announced that Amazon Web Services (“AWS”) plans to invest $35 billion by 2040 to establish multiple data center campuses across Virginia, pending legislative approval. Numerous...more
Continuing our series of articles reviewing the lesser publicized aspects of the American Rescue Plan Act guidance (hence, the “B-sides” moniker), here we address the U.S. Treasury’s issued guidance as it relates to spending...more
In an effort to combat inflation, the Federal Reserve (Fed) is raising interest rates. Inflation is a decrease in the purchasing power of our money which causes prices to increase in goods and services over time. The...more
With the U.S. Treasury’s January 2022 release of its Final Rule in the use of American Rescue Plan Act (ARPA) funds, we began publishing this series of articles reviewing the lesser publicized aspects of that guidance (hence,...more
The House and Senate are both in session this week. With the Senate’s passage of USICA/COMPETES last week, the House and Senate are now able to kick off the formal conference process for the Bipartisan Innovation Act, and...more
Under President Biden’s Administration, the U.S. Government has launched a strategy to address the root causes of migration in Central America. Two of the key components of this strategy are the fight against corruption and...more
Both the House and Senate will be in session this week. Last week, Congress passed the $1.5 trillion FY2022 government funding package, nearly six months into the fiscal year. However, a $15.6 billion supplemental for COVID...more
Much has been written by various prognosticators regarding the January 6, 2022, release by the U.S. Treasury of its Final Rule as to the use by state and local governments of federal stimulus funding under the American Rescue...more
Legislation currently under consideration in Congress may serve to dramatically expand the eligible uses of American Rescue Plan Act (ARPA) funds. The proposed State, Local, Tribal, and Territorial Fiscal Recovery,...more
The global pandemic has not dampened enthusiasm for infrastructure investment in the US. Investors and developers are looking to increase their stakes in multiple sectors and states - Despite the volatility of the past 18...more
Analysts are predicting the advent of a new commodity super-cycle, powered by the economic recovery and the energy transition narrative. The mining & metals industry may be facing a renewed period of intense resource...more
The second half of 2021 will be a busy stretch for Congress. In addition to the typical must-pass legislation, Democrats controlling both chambers and the White House are committed to several big spending bills, too. What...more
During the past decade, county land banks ramped up operations across Ohio largely employing one-time cash. The Hardest Hit Fund (HHF), sourced from Ohio’s share of mortgage industry settlement payments related to the Great...more
For here? Or, to go? No, we are not talking about just your food, because thanks to Florida Senate Bill 148/House Bill 329 (“S.B. 148”), certain food service establishments will now be allowed to serve alcoholic beverages to...more
First, the good news: every municipality in North Carolina is eligible to receive a large cash infusion, up to 75% of its budget, from the American Rescue Plan (ARP). Now, the less than good news: all municipalities, other...more
The one-year deadline for nursing home residents on Medicaid to spend down their first round of stimulus checks is here, but they may have a little extra time. In March 2020, the Coronavirus Aid, Relief, and Economic...more
On April 19, 2021, the Federal Government of Canada unveiled its first budget in two years, promising over $100 billion in new spending intended to propel Canada's economic recovery from the COVID-19 pandemic. Part of the...more
The New Jersey Economic Recovery Act of 2020 (ERA), a seven-year, $14 billion package of incentive programs intended to encourage New Jersey job growth, property development and redevelopment, community partnerships, and...more
On March 11, 2021, President Joe Biden signed the American Rescue Plan Act of 2021 ("ARPA"), which contains $1.9 trillion in overall national spending to support relief and economic recovery efforts. ARPA provides a total of...more
On March 11, 2021, President Biden signed the $1.9 trillion dollar stimulus package, known as the American Rescue Plan Act of 2021 (ARPA), into law. In order to assist employees with the cost of health coverage, ARPA includes...more
The American Rescue Plan Act establishes a $28.6 billion Restaurant Revitalization Fund to distribute grants of up to $10 million to restaurants and other food and beverage businesses. Eligible restaurants, bars, food...more
On March 11, 2021, President Joe Biden signed into law the American Rescue Plan Act of 2021 - a $1.9 trillion economic relief package. While the legislation marks the first major legislative victory for President Biden and...more
At $1.9 trillion, the American Rescue Plan Act of 2021, signed into law by President Biden on March 11, 2021, is the largest aid package passed by Congress since the start of the pandemic. With the Rescue Act, Congress hopes...more