News & Analysis as of

Exemptions Pending Legislation

Foley & Lardner LLP

The Department of Labor Rule Establishing Changes to Overtime Exemptions Is Now in Effect: What Steps Employers Immediately Need...

Foley & Lardner LLP on

Employers have been required since August 20, 2023, when the U.S. Department of Labor (DOL) announced a notice of proposed rulemaking, to increase the minimum salary amount required to be paid to qualify for what is known as...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

California Bill Would Exempt Certain Fast Food Restaurants From $20-per-Hour Minimum Wage

California’s FAST Food Accountability and Standards Recovery Act (FAST Recovery Act) was repealed on September 28, 2023, when Governor Gavin Newsom signed into law Assembly Bill (AB) No. 1228....more

WilmerHale

New Hampshire Legislature Passes a Comprehensive Privacy Law

WilmerHale on

On January 4, 2023, the New Hampshire House of Representatives passed Senate Bill 255 (the “Act”) with amendments, setting the stage for New Hampshire to become the latest state with a comprehensive privacy law....more

WilmerHale

Oregon Set to Become the 11th State with a Comprehensive Privacy Law

WilmerHale on

As of June 25, 2023, the Oregon House and Senate have signed Senate Bill 619 (the “Act”), which previously passed in the House 54-0. The Act now moves to the Oregon Governor’s desk for signature (and is set to become law as...more

Winstead PC

Texas Legislature Approves HB 2071 Which Revises Public Facility Corporation Exemption for Affordable Housing

Winstead PC on

The 88th Regular Session (2023) of the Texas Legislature approved HB 2071 (the "Bill"), which revises the way public facility corporations ("PFCs") can be utilized to own and operate affordable housing. Affordable housing is...more

WilmerHale

State Comprehensive Privacy Law Update - June 2023

WilmerHale on

As we move into the summer months, state comprehensive privacy law developments continue to steadily emerge. Most notably, in the weeks since our last update, the Texas legislature passed the Texas Data Privacy and Security...more

WilmerHale

Connecticut Set to Become Fifth State With a Comprehensive Privacy Law

WilmerHale on

On April 20, 2022, Connecticut’s Senate passed S.B. 6, an Act concerning Personal Data Privacy and Online Monitoring. The comprehensive privacy bill will now move to the Connecticut House, where it has the potential to become...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Illinois Legislature Passes Comprehensive Non-Compete and Non-Solicitation Bill Anticipated to Be Signed by Governor Pritzker

The Illinois General Assembly recently approved House of Representatives Amendment 1 to Senate Bill (SB) 672, which would significantly reform noncompete and nonsolicitation law in Illinois. The bill will now go to Governor...more

WilmerHale

Colorado Poised to Become Third State With a Comprehensive Privacy Law, Joining California and Virginia

WilmerHale on

On June 7, 2021, the Colorado House of Representatives passed the Colorado Privacy Act (CPA), a comprehensive privacy law similar to the California Privacy Rights Act (CPRA) and California Consumer Privacy Act (CCPA), as well...more

Robinson+Cole Data Privacy + Security Insider

California Bill Extends CCPA Exemptions for Personal Information Collected by Employers and Businesses

The California Consumer Privacy Act of 2018 (CCPA) currently exempts from its provisions certain information collected by a business about a natural person in the course of the person acting as a job applicant, employee,...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Data Privacy Act Sponsors Seek to Bring GDPR Requirements to Wisconsin

On February 10, 2020, bipartisan cosponsors in the Wisconsin State Assembly introduced a trio of bills targeting the use of personal data information and modeled after the requirements of the European General Data Protection...more

Holland & Knight LLP

Rent Control Bill Gets Gov. Newsom's Support as Clock Ticks on Deadline for New Laws

Holland & Knight LLP on

The Office of the Governor of California recently announced that Gov. Gavin Newsom and California legislative leaders approved a cap of 5 percent plus inflation per year on rent increases statewide for the next 10 years. The...more

Eversheds Sutherland (US) LLP

Is the CCPA proliferating? A midyear data privacy legislative round-up

While the California Consumer Privacy Act (CCPA) and its potential amendments are still a top concern for businesses, other states are showing that they will not be left behind when it comes to enhanced privacy legislation....more

Mitchell, Williams, Selig, Gates & Woodyard,...

Medical Marijuana Facility Security Plans/92nd Arkansas General Assembly: Exemption from the Arkansas Freedom of Information Act

House Bill 1557 proposes to exempt from the Arkansas Freedom of Information Act (“FOIA”) security plans related to medical marijuana facilities. The sponsor of the bill is Representative Douglas House (North Little Rock)....more

Vedder Price

Investment Services Regulatory Update - August 2018

Vedder Price on

New Rules, Proposed Rules, Guidance and Alerts – SEC STAFF GUIDANCE AND ALERTS – OCIE Publishes Risk Alert on Compliance Issues Relating to Best Execution – On July 11, 2018, the Office of Compliance Inspections and...more

Sheppard Mullin Richter & Hampton LLP

Reform of Foreign Investment in the U.S.: France and Other Allied Countries Might be Exempt

The U.S. House of Representatives passed a bill on Tuesday, July 10, expanding and increasing the powers of the Committee on Foreign Investment in the United States (CFIUS). The bill is called the Foreign Investment Risk...more

Sheppard Mullin Richter & Hampton LLP

On FIRRMA Ground: Congress to Restrict Foreign Investment and Expand Export Controls

This week, there were reports that the Trump Administration would use emergency powers to restrict Chinese investment in the United States. On Wednesday, the White House backed away from that position after the House of...more

Orrick, Herrington & Sutcliffe LLP

Senate Passes Increase to Rule 701 Limit

On September 12, 2017, the Senate passed the Encouraging Employee Ownership Act of 2017 (H.R. 1343) which directs the SEC to revise Rule 701 of the Securities Act of 1933 (the "Securities Act") to increase the threshold that...more

WilmerHale

Illinois “Geolocation Privacy Protection Act” Passes Both Houses, Headed to Governor’s Desk

WilmerHale on

On Tuesday, June 27, the Illinois legislature passed HB 3449, the “Geolocation Privacy Protection Act.” If signed by Governor Bruce Rauner (R), the bill would prohibit a “private entity” from collecting, using, storing or...more

Stinson - Corporate & Securities Law Blog

House Passes Creating Financial Prosperity for Businesses and Investors Act

On Monday, the House of Representatives passed the Creating Financial Prosperity for Businesses and Investors Act (H.R. 6427) (the “Act”) by a vote of 398 to 2. The Act is actually a compilation of six measures that were...more

Sullivan & Worcester

Congress Poised to Extend Investment Company Act to U.S. Territories

Sullivan & Worcester on

Congress is poised to eliminate the exemption in the Investment Company Act of 1940 (the 1940 Act) for investment companies located in Puerto Rico, the Virgin Islands, and other U.S. possessions. The 1940 Act governs...more

Morrison & Foerster LLP - JOBS Act

House Passes the Fostering Innovation Act

On May 23, 2016, the House passed H.R. 4139, the Fostering Innovation Act, by voice vote. The bill had passed the House Financial Services Committee on March 2, 2016....more

Miles & Stockbridge P.C.

A Mandatory Retirement Plan for Maryland Employers

“Obamacare, but for retirement plans” is one way to describe recent state initiatives to establish automatic enrollment into individual retirement accounts (IRAs). One big difference, of course, is that the Affordable Care...more

Stinson - Corporate & Securities Law Blog

U.S. House of Representatives Pass Bill Seeking to Raise Disclosure Thresholds under SEC Rule 701

A bill (H.R. 1675) seeking to increase the information disclosure threshold under SEC Rule 701 passed the U.S. House of Representatives on February 3 by a vote of 265 to 159. Rule 701 exempts from registration issuer sales or...more

Bilzin Sumberg

P3 Legislation in Florida

Bilzin Sumberg on

On September 24-25, Miami-Dade County held a P3 Institute entitled “The P3 Pipeline: A Forum for the Private Sector.” Among the topics discussed at the Institute was a measure currently before the Florida Legislature that, if...more

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