Funding

CMS Announces $1 Billion in Funding for Innovation Grants

by King & Spalding on 5/21/2013

On May 15, 2013, CMS released a funding opportunity announcement for round two of the Health Care Innovation Awards. The grants are administered by the CMS Innovation Center, which is authorized by the Affordable Care Act to...more

Gov. Brown Proposes Boost To Education Funding

by Meghan Covert Russell | Kronick, Moskovitz, Tiedemann & Girard on 5/15/2013

Governor Brown's proposed budget, released today, includes a much needed boost to spending on public education. ...more

Changes to First Nations Consultation in Alberta

by Wally Braul, Kelly Bray, David Macaulay, Shawn Munro, Cassia Prentice | Bennett Jones LLP on 5/13/2013

On April 2, 2013, Alberta released a draft of The Government of Alberta's Policy on Consultation with First Nations on Land and Natural Resource Management, 2013 (the "Draft Policy"). The Government's deadline for comments on...more

Focus - Spring 2013

by Ronald Barriere, Anatoly Darov, Dennis Kelly | Burns & Levinson LLP on 5/6/2013

In This Issue: - IRS Audits: Understanding Criminal Rights and Risks - Amazing Clients®: Ravago: A Big Company with a Low Profile - When is a Mom not a Mom?: De Facto Parenting in Massachusetts - Can the...more

School Districts Cannot Spend Bond Money on Projects Not Disclosed to Voters - School Bonds with 55 Percent Vote Threshold Must...

by Kelly Salt | Best Best & Krieger LLP on 5/1/2013

The Fourth District Court of Appeal recently upheld a challenge to a school district’s spending voter-approved bond proceeds for field lighting at a high school stadium because the ballot proposition did not specifically list...more

Getting Help Dealing With Domestic Violence

by Intermountain Legal on 4/15/2013

Domestic violence is defined as systematic abuse of a current or former acquaintance, or cohabitant. That may mean a spouse, ex-partner, or family member. The abuse might be physical, sexual, psychological, emotional or...more

Public-Private Partnerships A Winning Strategy

by Albert E. Dotson, Jr. | Bilzin Sumberg Baena Price & Axelrod LLP on 4/5/2013

The global recession was unkind to communities across the United States and around the world. Facing diminished tax bases, frozen capital markets and a reduction in federal and state funding, many local governments shelved...more

East End Crossing Achieves Financial Close

by Barney Allison | Nossaman LLP on 3/29/2013

Almost a year to the day from when the procurement began, the East End Crossing P3 project has achieved financial close. Raising nearly $1 billion of public and private debt and equity funding, WVB East End Partners, made up...more

House Financial Services Committee Chair Challenges CFPB Funding

by Michael Mallow, Michael Thurman | Loeb & Loeb LLP on 3/27/2013

House Financial Services Committee Chairman Jeb Hensarling (R-Texas) sent a letter March 8 to Federal Reserve Board Chairman Ben Bernanke challenging the Fed's funding of the Consumer Financial Protection Bureau. Hensarling's...more

SCA 3 Proposes Constitutional Amendment To Lower Voter Approval Requirement For Parcel Taxes From Two-Thirds To 55 Percent For...

by Constantine Baranoff, P. Addison Covert, Brett L. Price, Meghan Covert Russell | Kronick, Moskovitz, Tiedemann & Girard on 3/19/2013

SCA 3 seeks to amend the California Constitution relating to taxation by amending Section 4 of Article XIIIA, adding Section 4.5 to Article XIIIA, amending Section 2 of Article XIIIC, and amending Section 3 of Article XIIID,...more

CFPB on sequester list

by Barbara S. Mishkin | Ballard Spahr LLP on 3/7/2013

Although the CFPB receives its funding from the Federal Reserve and not through the congressional appropriations process, it is still on the list of agencies whose funding will be cut by the sequester. According to the report...more

How Sequestration Will Affect the SBIR/STTR Programs

by Orlando Lopez | Burns & Levinson LLP on 3/5/2013

One topic of interest and importance to most entrepreneurs is funding, and one popular form of funding is through SBIRs (the Small Business Innovation Research Programs). My colleague Jesse Erlich focuses much of his practice...more

Department of Finance Releases Local Control Funding Formula

by Nevin Trehan | Kronick, Moskovitz, Tiedemann & Girard on 2/22/2013

The Department of Finance released a long-awaited table today that shows how each K-12 District fares in Governor Jerry Brown’s new plan, aptly labeled Local Control Funding Formula, to direct more money to schools with...more

$200 Million in Energy Efficiency Funding, Obama Proposes

by Mintz Levin - Energy & Clean Technology on 2/21/2013

President Barack Obama will propose $200 million in his next budget for a “Race to the Top” program rewarding states that pursue energy efficiency, asking Congress to put teeth on an initiative to help the US use less...more

Catching Up with Winding Down: The Status of California Redevelopment Successor Agencies

by Noa Clark, Robert Herr, Paul Levin | Pillsbury Winthrop Shaw Pittman LLP on 2/18/2013

Successor agencies to California’s dissolved Redevelopment Agencies (“RDAs”) continue to wind down the operations of the former RDAs under the supervision of oversight boards pursuant to Assembly Bill X1 26 (“AB 26”) as...more

Can New Jersey Bank On the Infrastructure Bank?

by Kimberly D. Magrini, Steve Park, Brian Walsh | Ballard Spahr LLP on 2/12/2013

The Northeast relies heavily on transportation for its day-to-day functions. Increasingly unpredictable climate changes, dense population, and rapidly aging infrastructure have made the ability to secure financial resources...more

Pursuit of the Project

by Ian D. Shewen, Matthew J. Wilson | Lerners LLP on 2/12/2013

So you decided that you wanted to pursue funding through Infrastructure Ontario. Many applicants consider completing a project alone, however is this the only option available?...more

Offshore Wind: Will New Jersey Take The Opportunity To Lead?

by Marshall McLean | McCarter & English: Climate Change &... on 2/8/2013

In August of 2010, New Jersey Governor Chris Christie signed the Offshore Wind Economic Development Act to “spur economic growth in the Garden State through the development of renewable energy resources and the creation of...more

California High-Speed Rail - What You Need To Know

by Miller Starr Regalia on 2/5/2013

Project Overview - The California High-Speed Rail Authority (“HSR”) plans to build an 800-mile high-speed rail system stretching from San Francisco to Los Angeles/Anaheim and eventually to Sacramento and San Diego. The...more

Convertible Bonds – an Overview

by Melody Junhua He-Chen, Robyn Nadler | Morrison & Foerster LLP on 1/30/2013

Since 2009, approximately 10 issuances of convertible bonds (“CBs” or “bonds”) have been made by Hong Kong-listed companies. CBs are useful financing tools for companies, especially for small- to mid-sized fast-growing...more

Securitisation as a means to finance distributed solar projects

by Dirk Michels, Anthony R.G. Nolan | K&L Gates LLP on 1/28/2013

Permission to use this reprint has been granted by the publisher Financier Worldwide. The future of solar energy in the US appears uncertain. With investment tax credits set to expire in 2016 the solar industry may lose...more

Maryland Governor Proposes $1.5 Million Funding For Hydraulic Fracturing Study

by Jason Yearout | BakerHostetler on 1/22/2013

As we have discussed in prior posts, Maryland has in place a de facto moratorium on shale exploration and drilling. Responding to inquiries about drilling into Marcellus shale formations in western Maryland, in 2011 Governor...more

Deadline Approaches for Gainful Employment Disclosures

by Brian Doyle, Paul G. Lannon | Holland & Knight LLP on 1/18/2013

Institutions of higher education that receive Title IV funding must properly disclose certain information concerning course offerings that are or may be considered gainful employment programs by the U.S. Department of...more

Supreme Court Will Not Hear Stem Cell Funding Petition

by Joseph P. Hammang, Alexander Hecht, Robert C. Skinner | Mintz Levin on 1/15/2013

..The on again, off again nature of federal funding for human embryonic stem cell (hESC) research has created a great deal of uncertainty for academic scientists, major research medical centers, venture capital investors,...more

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