News & Analysis as of

Fiscal Year

Cozen O'Connor

New York State Passes FY25 Budget

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This weekend, state lawmakers passed the $237B FY25 state budget, reflecting an increase of $8B from FY24. The budget was passed more than two weeks after the deadline of April 1, and will be retroactively in effect from...more

Rivkin Radler LLP

Estate, Gift, GST & Related Income Tax Proposals – What is the White House Doing?

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Earlier this week the White House released its Fiscal Year 2025 Budget. Of course, the federal government has not yet adopted a budget for the Fiscal Year 2024 even as we approach that year’s halfway mark. But I digress. The...more

Akin Gump Strauss Hauer & Feld LLP

Unfinished Health Care Business: 10 Issues to Watch as Congress Rings in the New Year

Health care was one of the most active issue areas in 2023 and this trend is expected to continue when Congress returns in the New Year for the second session of the 118th Congress. The activity by the health committees of...more

Bradley Arant Boult Cummings LLP

Unpacking GAO's FY 2023 Bid Protest Report

The U.S. Government Accountability Office's recently issued annual bid protest report is noteworthy because it shows that 31% of bid protests were sustained — more than double the rate for prior years— and that protesters...more

Maynard Nexsen

GAO Bid Protest Annual Report to Congress for FY 2023

Maynard Nexsen on

Last week, the U.S. Government Accountability Office ("GAO") published its much anticipated Bid Protest Annual Report to Congress for Fiscal Year 2023. GAO's annual report is required under the Competition in Contracting Act...more

Ballard Spahr LLP

HUD Programs During a Government Shutdown

Ballard Spahr LLP on

The 2024 Federal Fiscal Year (FFY2024) begins on October 1, 2023, and as of the writing of this Alert, Congress has not passed and the President has not signed a bill to provide funding for FFY2024. As a result, federal...more

Manatt, Phelps & Phillips, LLP

New York State Budget Director Issues Call Letter to Agencies

Early Indication of Challenging 2024–25 State Budget - On September 20, 2023, Blake Washington, the new director of the New York State Division of the Budget (DOB), issued the annual agency “call letter,” which requests...more

Seyfarth Shaw LLP

Spike in Religious Discrimination Charges Stemming from COVID-19 Vaccine Mandates Fuels Increase in EEOC Charges

Seyfarth Shaw LLP on

Seyfarth Synopsis: Each Fiscal Year (“FY”), the Equal Employment Opportunity Commission (“EEOC”) releases data on the number of charges it receives from applicants and employees. This data is noteworthy as it reflects the...more

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

Fiscal Year 2023 Omnibus Funding: Association of Clean Water Administrators Updates Water Appropriation Chart

The Association of Clean Water Administrators (“ACWA”) has updated a chart it previously prepared that addresses: Funding Levels for Key Water Appropriations (“Chart’) The Chart addresses funding numbers from the fiscal...more

Pillsbury Winthrop Shaw Pittman LLP

By the Numbers: ASBCA’s Fiscal Year 2022 Annual Report

The Armed Services Board of Contract Appeals’ 2022 annual report provides information of significant interest to the contractor community, but a closer look raises many questions....more

Bradley Arant Boult Cummings LLP

Takeaways from GAO’s FY 2022 Bid Protest Report

The Government Accountability Office (GAO) recently issued its annual bid protest report. As discussed below, this year’s report is noteworthy for multiple reasons, including that it shows that protesters received some form...more

HaystackID

A Hart-Scott-Rodino Act Transaction Update (September 2022)

HaystackID on

Editor’s Note: The Hart-Scott-Rodino Act established the federal premerger notification program, which provides the FTC and the Department of Justice with information about large mergers and acquisitions before they occur....more

Gibney Anthony & Flaherty, LLP

Immigrant Visa Availability in FY 2023 and the October 2022 Visa Bulletin

October 1, 2023 marked the start of the federal government’s fiscal year 2023 (FY 2023), with the Department of State (DOS) October Visa Bulletin taking effect the same day. What is sure to be disappointing to many is the...more

Manatt, Phelps & Phillips, LLP

New York State Fiscal Situation Sees Dark Clouds on the Horizon

Last month, the New York State Division of the Budget released an updated economic forecast (First Quarterly Update to the FY 2023 Enacted Budget Financial Plan), which revises the State’s financial outlook over the next...more

Mintz - Securities & Capital Markets...

Time to Evaluate Your Filer Status for Next Year

For many U.S. public companies, June 30 is the end of their second fiscal quarter, which means it is time to prepare their Quarterly Reports on Form 10-Q. This also means it is time for these companies to evaluate their...more

Bradley Arant Boult Cummings LLP

Suspension & Debarment Annual Report: Key Takeaways - FY 2020

The Interagency Suspension and Debarment Committee (ISDC) recently issued its annual report to Congress on federal government suspension and debarment activities for fiscal year (FY) 2020. Key takeaways from the year’s ISDC...more

McDermott Will & Emery

Weekly IRS Roundup May 23 – May 27, 2022

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 23, 2022 – May 27, 2022... May 25, 2022: The IRS issued a press release revising frequently...more

Bradley Arant Boult Cummings LLP

Fiscal Year 2023 Skilled Nursing Facility Proposed Rule Summary

On April 11, 2022, the Centers for Medicare & Medicaid Services (CMS) released the FY 2023 Medicare Proposed Rule for Skilled Nursing Facilities (SNFs). Key policy changes include a proposed recalibration of the Patient...more

UB Greensfelder LLP

USCIS Announces Initial H-1B Cap Registration for FY 2023 To Run March 1-18

UB Greensfelder LLP on

U.S. Citizenship and Immigration Services (USCIS) announced on Friday that the initial registration period for fiscal year 2023 H-1B cap numbers will open at noon Eastern on March 1 and run through noon Eastern on March 18,...more

Verrill

2021 Medicare Cost Report Preparation, Reminders and New Developments for Hospitals

Verrill on

With many hospitals well into their FY 2021 Medicare cost report preparation, here is a brief reminder of the process required for protesting items, as well as a summary of two new developments for Medicare Graduate Medical...more

Mintz - Energy & Sustainability Viewpoints

Preparation for 2021 Fiscal Year-End SEC Filings and 2022 Annual Shareholder Meetings

As public companies embark on the year-end reporting process, they will need to consider, and in some cases take steps to address, a number of significant developments and issues. As in past years, Mintz has prepared a...more

McCarter & English Blog: Government Contracts...

What a Relief: GAO’s FY 2021 Bid Protest Statistics Indicate That Nearly 50 Percent of Protests Are Effective

On November 16, 2021, the Government Accountability Office (“GAO”) issued its Bid Protest Annual Report for Fiscal Year 2021 (“FY 2021 Bid Protest Report”). The GAO’s annual Bid Protest Report to Congress—required under the...more

Sheppard Mullin Richter & Hampton LLP

Everything Changes, Except That Which Stays the Same: GAO’s Bid Protest Annual Report to Congress

It is that time of year again when the U.S. Government Accountability Office (“GAO”) submits its bid protest statistics to Congress as mandated under the Competition in Contracting Act of 1984, 31 U.S.C. §3554(e)(2). On...more

Holland & Hart LLP

GAO Annual Report Indicates Bid Protests Remain Effective

Holland & Hart LLP on

The Government Accountability Office ("GAO") recently released its Annual Report to Congress for the Fiscal Year 2021. The report shows that, while the total number of bid protests dropped significantly in FY2021, nearly half...more

McDermott Will & Emery

Key International Tax Proposals in the Biden Administration’s Green Book and Their Potential Impact on Businesses

McDermott Will & Emery on

On May 28, 2021, the US Department of the Treasury (Treasury) released the Fiscal Year (FY) 2022 budget and Green Book, which provides detailed insights into the proposals of US President Joe Biden’s recently released...more

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