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News from Second & State

Weekly Wrap - This week, only the Senate was in Harrisburg for three days of voting session. On Monday, the Senate Judiciary Committee and Senate Appropriations Subcommittee on Public Safety and Criminal Justice held a...more

Gold Dome Report - March 2018 #9

Although the House and Senate floors were quiet today, legislators were at work throughout the Capitol with late efforts to get legislation through committees. Desperation is becoming palpable—with only four legislative days...more

Window On Washington - Vol. 2, Issue 11

by Clark Hill PLC on

Outlook for This Week in the Nation's Capital - Omnibus Could Be Released Today. House Republicans are scheduled to have a meeting early this evening to discuss the FY18 Omnibus bill and the text of the bill could possibly...more

Gold Dome Report - March 2018 #8

Legislators rounded third and headed for home today under the Gold Dome, completing Legislative Day 36 of 40. But even as the legislative session enters the home stretch, there remains much work to be done. After full...more

Corporate Law & Governance Update - March 2018

by McDermott Will & Emery on

Strategy and the Decline—or Rise—of the Inpatient Hospital - A series of new media reports and consultant commentary on industry evolution highlight the increasing pressure on health system boards to fully engage in...more

Gold Dome Report - March 2018 #4

Just after Governor Deal signed the Amended FY 2018 Budget in Cedartown this morning, the House set to work adopting its proposal for the FY 2019 Budget. Notably included in the over $50 billion spending package ($26 billion...more

Many People with Disabilities Not Taking Advantage of Tax Credit

Although millions of people each year earn cash refunds from the Internal Revenue Service (IRS) via the Earned Income Tax Credit (EITC), many others, including many people with disabilities, are not taking advantage of this...more

IRS Reduces 2018 HSA Contribution Limit

On March 5, 2018, the IRS announced a reduction in the amount that an individual with family coverage under a high deductible health plan (“HDHP”) can contribute to a health savings account (“HSA”) for 2018. The lowering of...more

IRS Reduces 2018 Health Savings Account Limit for Family Coverage

On March 5, 2018, the IRS released Revenue Procedure 2018-18, which, among other things, adjusts downward the 2018 total contribution limit to health savings accounts (HSAs) for individuals enrolled in family coverage. In...more

Let’s Start Over – 2018 Health Savings Account Cost of Living Adjustments

by Ruder Ware on

It is unusual for the IRS to implement a retroactive change to a previously announced limit (whether it be qualified plan limits or HSA limits). Especially when the change is a reduction in the amount that taxpayers can...more

Window On Washington - Vol. 2, Issue 9

by Clark Hill PLC on

Outlook for This Week in the Nation's Capital - FY18 Omnibus Wrap-up: On Thursday, Appropriations Subcommittees had to report any unresolved issues up to the Full Committee and while the work largely appears to be done,...more

Gold Dome Report - March 2018 #1

After a late night at the State Capitol, the House and Senate convened today with short calendars but weighty issues. The Senate approved HB 918, Governor Deal’s tax reform measure this morning. ...more

IRS Releases Rules on Health Insurance Tax

by McGuireWoods LLP on

On Feb. 22, the IRS issued final rules to define which entities are required to pay the health insurance providers fee under the Affordable Care Act (ACA), also known as the health insurance tax (HIT). The ACA imposed an...more

Window On Washington - Vol. 2, Issue 8

by Clark Hill PLC on

FY18 Omnibus. With the past week being a recess period, House and Senate Appropriators made little progress on drafting the Omnibus bill, but Clark Hill is hearing Appropriators have finalized or are close to finalizing...more

Gold Dome Report - February 2018 #14

Completing their last convening before Crossover Day on Wednesday, the House and Senate dispensed with long calendars today. Although the House considered 24 measures and the Senate considered 29, the mood under the Gold Dome...more

Six Tips for Tribal Governments to Reduce Tribal Member Taxes in 2018

by Holland & Knight LLP on

• President Donald Trump on Dec. 22, 2017, signed the Tax Cuts and Jobs Act, the first major overhaul of the U.S. tax system in over 30 years. • Although few of the enacted provisions are specific to Indian Country, several...more

Gold Dome Report - February 2018 #13

The House and Senate capped off a busy pre-Crossover week with several weighty propositions on their respective floors. In the Senate, members considered the “Keep Faith and Freedom in Adoption and Foster Care Act”, a...more

Gold Dome Report - February 2018 #12

The House worked a full day today, taking up 14 measures on the floor before handling a full slate of committee meetings. Among the bills adopted by the House were provisions allowing QBE funding to follow students being...more

Congress Kicks the Can Down the Road Again – Cadillac Tax On High Cost Employer Health Coverage Delayed to 2022

by Snell & Wilmer on

Section 4980I, which was added to the Internal Revenue Code by the Affordable Care Act, was originally supposed to take effect in 2018. This tax is commonly called the “Cadillac tax” because it imposes a 40% excise tax on...more

Medical Device Industry Gets Yet Another MDET Reprieve

by Arnall Golden Gregory LLP on

When the short-lived government shutdown ended on January 22, so did this year’s implementation of the 2.3% medical device excise tax (MDET). The tax was to be effective on January 1, 2018 and the first payment to the...more

Gold Dome Report - February 2018 #10

After breaking for Washington’s Birthday, the General Assembly began its all-out sprint to Crossover Day today with both chambers finishing their work before lunch only to reconvene in a flurry of committee meetings. ...more

Gold Dome Report - February 2018 #11

Sixteen more days! But, who is counting? Sine Die is quickly approaching, marking an end to Georgia’s 2018 legislative session. Thus, committees in the House and Senate are now meeting in earnest as lawmakers introduce their...more

Congressional Leaders Focusing Sights on Nonprofit Hospitals

by King & Spalding on

On February 15, 2018, Senate Finance Committee Chairman Orrin Hatch and senior committee member Senator Charles Grassley sent a letter to David Kautter, acting commissioner of the Internal Revenue Service (IRS), requesting...more

Window on Washington - Vol. 2, Issue 7

by Clark Hill PLC on

Outlook for This Week in the Nation's Capital - FY18 Appropriations Wrap-up. House Appropriators are trying to finish drafting the FY18 Omnibus Appropriations bill by March 14 in order to give Congress enough time to pass...more

Gold Dome Report - February 2018 #9

Wrapping up their legislative week, the Senate adopted two provisions today closely watched by state agencies and local school districts. First, the Senate adopted its version of HB 683, the Amended FY 2018 Budget, by a vote...more

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