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Final Rules Municipalities

Holland & Knight LLP

Treasury Department and IRS Release Final Regulations on the Direct Payment of Tax Credits

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The U.S. Department of the Treasury and IRS on March 5, 2024, released final regulations regarding the direct payment of tax credits under Section 6417 of the Internal Revenue Code (Elective Payment of Applicable Credits)....more

Venable LLP

Sick of the Status Quo: NYC Issues Final Rule Amending Its Earned Safe and Sick Time Act

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On September 15, 2023, the New York City Department of Consumer and Worker Protection issued a Final Rule (Final Rule) amending the Rules of the City of New York governing the Earned Safe and Sick Time Act (the Act). The...more

BakerHostetler

What About the Robots That Are Already Here? New York City to Begin Enforcement of Artificial Intelligence Applications Related to...

BakerHostetler on

On January 1, 2023, New York City became the first jurisdiction in the United States to regulate employers’ use of automated employment decision tools (AEDTs) in the hiring and promotion process. Local Law 144 (the NYC AEDT...more

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

New York City Adopts Final Rules on Automated Decision-making Tools, AI in Hiring

On April 6, 2023, the New York City Department of Consumer and Worker Protection (DCWP) adopted highly anticipated final rules implementing the city’s law regulating the use of automated employment decision tools (AEDT) tools...more

Bricker Graydon LLP

ARPA final rule - The “B-sides collection”: Seeding revolving loan funds

Bricker Graydon LLP on

Continuing our series of articles reviewing the lesser publicized aspects of the new American Rescue Plan Act (ARPA) guidance (hence, the “B-sides” moniker), we address the U.S. Treasury’s issued guidance as to using federal...more

Nutter McClennen & Fish LLP

Nutter Bank Report: June 2019

Federal Banking Agencies Expand Eligibility to Use Streamlined Call Reports - The federal banking agencies have adopted a final rule to reduce regulatory reporting requirements for certain banks with total assets of less...more

Harris Beach PLLC

IRS Publishes Final Regulations for Tax Equity and Fiscal Responsibility Act (TEFRA)

Harris Beach PLLC on

On December 31, 2018, the Internal Revenue Service (“IRS”) published final regulations (the “Final Regulations”) regarding the public approval requirement for tax-exempt private activity bonds....more

McCarter & English, LLP

Final Issue Price Regulations Present Municipal Industry Challenges (and 180 Days to Overcome Them)

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The Internal Revenue Service promulgated final Issue Price Regulations under Section 148 of the Internal Revenue Code of 1986, as amended, that were published in the Federal Register on December 9, 2016. The new regulations...more

Dickinson Wright

Municipal Legal News

Dickinson Wright on

On September 21, Governor Snyder signed a package of bills (2016 PA 281-283) that significantly expands the types of medical marijuana facilities permitted under state law, and establishes a licensing scheme similar to the...more

McDermott Will & Emery

CFTC Finalizes Exception for Swaps with Utility Special Entities

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The Commodity Futures Trading Commission (CFTC) last week released a final rule excluding certain electricity and natural gas swaps with governmental agencies and municipalities from the lower de minimis threshold for swaps...more

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