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Takeaways for Nonprofit Healthcare Systems From SEC Cybersecurity Disclosure Interpretations

According to the American Hospital Association, cyber criminals are becoming more organized and sophisticated. For example, in addition to attacks on the troves of patient data held by healthcare systems, cybercriminals now...more

Three Takeaways for Municipal Bond Issuers From the New SEC Cybersecurity Disclosure Rules

State and local governments increasingly are becoming targets of cybersecurity attacks. According to CloudSEK, cyberattacks targeting the government sector increased by 95% worldwide in the second half of 2022, compared to...more

Five Things Affordable Housing Developers Need to Know About the American Rescue Plan Act

COVID-19 has highlighted the need for additional affordable housing for households and communities struggling with long-term housing security. In March 2021, President Joe Biden signed the American Rescue Plan Act (ARPA) into...more

Coronavirus State and Local Fiscal Recovery Funds: Five Things Governments Need to Know

On May 10, 2021, the U.S. Department of the Treasury published its interim final rule to implement the Coronavirus State Fiscal Recovery Fund and the Coronavirus Local Recovery Fund (recovery funds). The American Rescue Plan...more

$350 Billion Slated for State, Local Governments as President Signs American Rescue Plan

On March 11, 2021, President Joe Biden signed into law H.R. 1319, the American Rescue Plan Act of 2021. The $1.9 trillion stimulus plan passed in the U.S. House of Representatives by a 220-211 vote on March 10, 2021, and in...more

Demise of Bill Requiring Prevailing Wages for TIF-Funded Construction Contractors

Maryland General Assembly House Bill 466, which would have required contractors to pay prevailing wages for construction funded by tax increment financing (TIF) bond proceeds, received an unfavorable report from the Economic...more

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