News & Analysis as of

Funding

Ward and Smith, P.A.

General Assembly Convenes to Provide Additional Funding for Private School Vouchers, Medicaid and Public School Enrollment Growth

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This week, the General Assembly briefly reconvened for one of the Special Sessions authorized by the July adjournment resolution. Although legislative activity and bill movement were both limited during this narrow window,...more

Lowenstein Sandler LLP

Fearless Fund Litigation Settles, Law on Race-Conscious Philanthropy Remains Intact Outside 11th Circuit

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Various news outlets are reporting that American Alliance for Equal Rights v. Fearless Fund Management, LLC settled today. American Alliance for Equal Rights issued a press release announcing the settlement, and Fearless...more

Bennett Jones LLP

New $30 Billion Transit Fund: Legal Perspectives on Canada's Evolving Public Transit and Capital Projects Landscape

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On July 17, 2024, Prime Minister Justin Trudeau announced the official establishment of the Canada Public Transit Fund (CPTF). This initiative will provide $30 billion over the next 10 years and up to $3 billion annually on a...more

Baker Donelson

How to Apply and Who's Eligible for Millions of Dollars in Funding Available for New Residency Programs and Expansions Through...

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The Health Resources and Services Administration (HRSA) has issued two Teaching Health Center Graduate Medical Education (THCGME) notices of funding opportunities for the academic year (AY) 2024-2025 and AY 2025-2026. These...more

Manatt, Phelps & Phillips, LLP

CMS Opens Funding Opportunity for States to Participate in Cell and Gene Therapy Model

On August 15, the Centers for Medicare & Medicaid Services (CMS) released a Notice of Funding Opportunity (NOFO) for states participating in the Cell and Gene Therapy (CGT) Access Model. Under this model, CMS will negotiate...more

Freeman Law

Startup Funding: Using Convertible Notes and SAFEs to Bridge the Valuation Gap Between Early Investors and Founders

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Many startup projects begin with small investments from founders and friends or family who believe in the founders’ plan, product, or idea. As startups further develop their business offering and concept, they often require...more

Foley & Lardner LLP

A Look at the Current State of Funding for Digital Health

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As we look back at the data from Q2, digital health is a mixed bag. CB Insights has released its State of Digital Health Report for the second quarter of this year, and while it’s not all good news, there are a few bright...more

Perkins Coie

The Fearless Fund Decision: Implications for Corporate Giving and Constitutional Standing

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The U.S. Court of Appeals for the Eleventh Circuit released its much-anticipated follow-up decision in American Alliance for Equal Rights v. Fearless Fund Management, LLC, on June 3, 2024. The case has been closely watched by...more

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

104(b) Base Grant/Arkansas Water Resources Center: Six Projects Announced for Funding

The Arkansas Water Resources Center (“AWRC”) announced in its June 28th Research Bulletin that six projects are to receive seed funding from its 104(b) base grant in 2024. AWRC states that the projects will be conducted...more

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

Unpaved Road Projects Program: Arkansas Natural Resources Commission/Arkansas Department of Agriculture Announces Funding in Nine...

The Natural Resources Commission of the Arkansas Department of Agriculture (“NRC”) issued a news release identifying nine projects that will receive a total of $558,756.00 in funding through the Arkansas Unpaved Roads Program...more

Patomak Global Partners

Examining the New Debate on CFPB Funding

In recent weeks, and following the recent Supreme Court decision in CFPB v. CFSAA, a new debate has arisen regarding the Consumer Financial Protection Bureau (“CFPB”) funding mechanism. The crux of the debate centers around...more

Holland & Knight LLP

$850 Million Now Available for Methane Emission Reduction Efforts: Applications Due Aug. 26

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The U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) on June 21, 2024, released a $850 million Funding Opportunity Announcement (FOA) to reduce methane emissions from oil and natural gas...more

Wiley Rein LLP

Congressional Ethics Committees Release 2024 Guidance on Convention Activity

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The U.S. Senate Select Committee on Ethics has issued a “Dear Colleague” Letter, and the U.S. House Committee on Ethics has issued a Pink Sheet advisory, reminding Members and staff of the rules applicable to attending events...more

Miller Canfield

Operating Cash-Flow Borrowing Options for Michigan Public School

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As Michigan public schools prepare their 2024-2025 budgets, schools should be aware of the short-term borrowing options available to cover their projected operating cash-flow shortfalls....more

Goodwin

Supreme Court Upholds CFPB’s Funding Structure

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On May 16, 2024, the U.S. Supreme Court issued a significant opinion in Consumer Financial Protection Bureau v. Community Financial Services Association of America, Ltd., upholding the funding structure of the Consumer...more

Venable LLP

What the CFPB’s Supreme Court Victory Means for Financial Institutions

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Until recently, the most popular topic of discussion in the financial services world has been the outcome of the Supreme Court case CFPB v. Community Financial Services Association of America, regarding the constitutionality...more

Miller Canfield

Use the Right Words and Claim Research Credits

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Issue: In Meyer, Borgman, and Johnson, Inc. v. Commissioner, the issue was whether the taxpayer’s (“MBJ” or “MBJ’s”) customers funded MBJ’s research activities. The court found that its customers did so, with the consequence...more

Katten Muchin Rosenman LLP

The CFPB Lives On and Arbitrable Lawsuits Must Be Stayed (Not Dismissed)

The Supreme Court was busy last week issuing opinions of interest to consumer finance companies, CFPB-regulated entities, and anyone who finds themselves enforcing arbitration rights in court....more

Morrison & Foerster LLP

U.S. Supreme Court Holds CFPB Funding Structure Constitutional

On May 16, 2024, the U.S. Supreme Court held in a 7-2 decision that the funding structure of the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) complies with the Appropriations Clause of the United States...more

Orrick, Herrington & Sutcliffe LLP

U.S. Supreme Court rules CFPB funding structure is constitutional

On May 16, the U.S. Supreme Court ruled 7-2 that the funding structure of the CFPB was consistent with the Constitution’s appropriations clause, reversing a decision of the U.S. Court of Appeals for the Fifth Circuit that had...more

Faegre Drinker Biddle & Reath LLP

Supreme Court Decides Consumer Financial Protection Bureau v. Community Financial Services Association of America, Ltd.

On May 16, 2024, the Supreme Court decided Consumer Financial Protection Bureau v. Community Financial Services Association of America, Ltd., No. 22-448. The Court held that Congress’ statutory authorization allowing the...more

Kelley Drye & Warren LLP

Supreme Court Upholds CFPB Funding Mechanism as Constitutional, Quelling Uncertainty and Reinvigorating the CFPB’s Docket

In a long-awaited decision with profound implications for the future of the agency, the Supreme Court held 7-2 today that the Consumer Financial Protection Bureau (CFPB) is constitutionally funded. CFPB officials can breathe...more

Fox Rothschild LLP

The FAA Reauthorization . . . “It’s Not Soup Yet, But Closer!”

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The FAA Reauthorization passed another major hurdle May 9th, and the prospects of final approval by the end of next week look good. The full Senate voted 88-4 to approve the “bicameral, bipartisan” compromise bill worked out...more

Health Care Compliance Association (HCCA)

OHRP FY 25 Budget Request Lacks Prior Plea For Funding, Staff Increases; Plans Are Modest

In December 2022, Julie Kaneshiro—then deputy director of the HHS Office for Human Research Protections (OHRP)—disclosed that the agency had 32 positions but that only 20 were filled, leaving 12 vacant or “on hold,” due to...more

Cozen O'Connor

Cozen Cities – April 24, 2024

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DETROIT — Newlab Startups Ignite Detroit's Tech Renaissance- One year in, the members-only shared workspace, research lab, and venture platform in the former Book Depository building next to Michigan Central Station is...more

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