News & Analysis as of

Federal Budget

Health Care Weekly Preview from ML Strategies – May 2018 #2

With two weeks left in this work period, we are already seeing signals that the House E&C effort to pass an opioid package may spill into June. The House Ways & Means Committee is joining the conversation. On Friday, they...more

Government Contractors Could Benefit if Congress Quickly Finishes Spending Bills – But That’s a Big ‘If’

by BakerHostetler on

Republican lawmakers in the coming weeks hope to begin voting on several spending bills as the first step toward avoiding a politically embarrassing budget crisis before this fall’s midterm elections. For years, Congress’...more

Impacts of the Omnibus Spending Plan on the Affordable Housing Industry

Trump’s Omnibus Spending Plan adopts two key provisions from the proposed Affordable Housing Credit Improvement Act that will strengthen and expand low-income housing credit. 2018 spending plan increases housing credit...more

Window On Washington - Vol. 2, Issue 18

by Clark Hill PLC on

Outlook for This Week in the Nation's Capital - They’re Back. Congress returns today for a busy three weeks until the Memorial Day recess....more

With a Rescission Package on the Way, Fiscal Uncertainty Persists in Washington

by Baker Donelson on

Having approved a two-year budget agreement in February and the bipartisan Consolidated Appropriations Act of 2018 in March, Congressional appropriators would, in most years, move on to crafting the next fiscal year's...more

Window On Washington - Vol. 2, Issue 17

by Clark Hill PLC on

Outlook for This Week in the Nation's Capital - Recess Week. The House and Senate are in recess this week and will be back on May 7....more

Nutter Bank Report, April 2018

Treasury Report Recommends Changes to Community Reinvestment Act Rules - The U.S. Department of the Treasury has released a report recommending changes to the federal banking agencies’ rules that implement the Community...more

The Italian Budget 2018 and changes to employment & social security provisions

Italian law no. 205/2017 was published in the Italian Official Journal on 29 December 2017 and entered into force on 1 January 2018, providing the 2018 Budget and introducing substantial changes covering also employment and...more

Window On Washington - Vol. 2, Issue 15

by Clark Hill PLC on

Outlook for This Week in the Nation's Capital - Omnibus Rescissions. The White House is continuing to press forward with pledges to rescind spending from the FY18 Omnibus despite multiple House and Senate Republicans...more

2018 Quebec Budget: Non-Quebec Residents Required to Register under Provincial Sales Tax Regime

The Quebec government recently tabled its 2018-2019 budget (Budget), which announced a number of tax measures, including an initiative to expand the scope of the Quebec sales tax regime (QST) by introducing an obligation for...more

Window On Washington - Vol. 2, Issue 14

by Clark Hill PLC on

Outlook for This Week in the Nation's Capital Congress Returns Today. Congress comes back to Washington today after a two-week recess period for the Easter and Passover holidays and is scheduled to have a busy week....more

Federal Spending Bill Changes Wildfire Suppression Funding and Other Forestry Initiatives

by Perkins Coie on

The $1.3 trillion Consolidated Appropriations Act of 2018, which was signed into law on March 23, 2018, (the Act) includes bipartisan measures to fundamentally change how the U.S. Forest Service and other federal agencies pay...more

2018 Ontario Budget Looks to Enhance Securities Enforcement Activities

As part of its 2018 budget (Budget), the Ontario government announced that it plans to propose new tools to enhance and expand the securities enforcement activities of the Ontario Securities Commission (OSC), including in...more

UK Tax Round Up - March 2018

by Proskauer Rose LLP on

Welcome to the March edition of the Proskauer UK Tax Round Up. As promised, the Spring Statement from the Chancellor focused on the economy and public finances without any major tax announcements. However, a few interesting...more

Political Activity in the Omnibus

The $1.3 trillion spending bill to fund the government for the remainder of FY 2018 (September 30) contained several provisions affecting campaign finance laws and regulations. Two provisions specifically prohibit the...more

Tip Sharing: Budget Law Amends FLSA and Derails DOL Action

by Shipman & Goodwin LLP on

Last week, the federal government passed its new budget proposal, which included an amendment of the Fair Labor Standards Act (FLSA) to protect the rights of tipped workers. Prior to this law, tip sharing rules were governed...more

Window On Washington - Vol. 2, Issue 13

by Clark Hill PLC on

Outlook for This Week in the Nation's Capital - Tax Cuts Part Two. House Republican leadership is continuing to make noise on the possibility of another tax bill with the House Ways and Means Chairman Brady stating that he...more

2018 Ontario Budget: Registered Pension Plan Issues

On March 28, 2018, the Ontario government tabled its 2018 budget (Budget), which included a number of registered pension plan related provisions. On that same day, the government introduced Bill 31, Plan for Care and...more

Congress Kicks the Can a Bit Further: The EB-5 Program Is Extended to September 30th

by Polsinelli on

On March 23, 2018, Congress passed and President Trump signed the Omnibus Appropriations Act for Fiscal Year 2018 (the “Omnibus Act”), a $1.3 trillion spending bill, as federal funding and the EB-5 program were due to expire....more

Cities and Developers Must Prepare for Climate Change Now

On February 12, 2018, President Donald Trump released his fiscal year 2019 budget proposal entitled “An American Budget.” Though Congress will not implement the proposal in its entirety, it still demonstrates what the Trump...more

Dentons shares analysis of 2018 Alberta Budget

by Dentons on

Budget 2018: a recovery built to last, was tabled in the Alberta legislature by Finance Minister Joe Ceci on Thursday, March 22, 2018. The government stated that its focus and basis of the plan was being framed around three...more

Straight EB-5 Extension in Proposed Omnibus Appropriations Bill

A provision to extend the current EB-5 Program until September 30, 2018 is contained in the proposed Consolidated Appropriations Act, 2018 (“Omnibus”). If passed by the Congress and signed into law by the President this week,...more

Window On Washington - Vol. 2, Issue 12

by Clark Hill PLC on

Outlook for This Week in the Nation's Capital - Spring Break. Congress is on recess for the next two weeks while observing the Easter and Passover holidays. Both Chambers will return the week of April 9....more

Beltway Buzz - March, 2018 #4

Omnibus Speeds Through. More than six months into the current fiscal year, earlier today President Trump signed a massive omnibus spending bill that will fund the federal government through September 30. This means that a...more

Springtime for BDCs - Congress passes long-sought legislation in spending bill

On March 23, 2018, Congress passed its omnibus spending bill, the Consolidated Appropriations Act of 2018, to fund the federal government until October. Included within the spending bill is legislation, titled the Small...more

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