News & Analysis as of

State and Local Government Executive Compensation

Benesch

SEC Adopts Pay Versus Performance Rule on Executive Compensation

Benesch on

In the years following the banking and financial crisis of 2008, there was a particular focus by the media and lawmakers on CEOs and other executives collecting hundreds of millions of dollars in compensation. In response,...more

Akin Gump Strauss Hauer & Feld LLP

Top 10 Topics for Directors in 2021

Welcome to Top 10 Topics in 2021: A Brave New World - The world has changed a lot since our 2020 report. A global pandemic; an ongoing reckoning on race, inequality and social justice; a climate crisis; an economic shock;...more

Eversheds Sutherland (US) LLP

California and San Francisco ballot measures raise important worker classification issues

Last week, California voters passed several ballot measures impacting businesses on both the state and local levels. Of note are California’s Proposition 22 – which considers app-based drivers for rideshare and delivery...more

Allen Matkins

San Francisco Voters Reportedly Approve "Overpaid Executive" Tax

Allen Matkins on

Before Tuesday's election, I wrote about Measure L which would impose a tax on "overpaid executives"...more

BCLP

CARES Act Limits Executive Compensation for U.S. Businesses Participating in CESA Relief

BCLP on

As part of the recently passed Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act), the Treasury Department will provide loans, loan guarantees, and other investments for U.S. businesses, states, and...more

McDermott Will & Emery

Impact of the CARES Act on Executive Compensation

The CARES Act restricts how much executive compensation can be paid by employers that avail themselves of loans and loan guarantees from the US Treasury’s Exchange Stabilization Fund under Title IV of the CARES Act. Employers...more

Farrell Fritz, P.C.

SEC Expands Eligibility for Scaled Disclosure; Signals Possible Auditor Attestation Relief

Farrell Fritz, P.C. on

On June 28, 2018, the Securities and Exchange Commission issued a release amending the definition of “smaller reporting company” (“SRC”) to expand the number of reporting companies eligible for relaxed or scaled disclosure....more

Holland & Knight LLP

Tax Reform Changes to Healthcare

Holland & Knight LLP on

Following a final vote in the U.S. House of Representatives on Wednesday morning, Dec. 20, 2017, Congress sent the Tax Cuts and Jobs Act (H.R. 1) to President Donald Trump's desk. In addition to extensive revisions to the tax...more

Polsinelli

Tax Bill Causes Alarm for Some Charities and Tax-Exempt Organizations

Polsinelli on

The Tax Cuts and Jobs Act, which has been renamed the Amendment of 1986 Code, was signed into law by President Trump on December 22, 2017. Many are calling it the most sweeping overhaul to the United States tax system in...more

Littler

Exempt Employee Pay Minimums Will Increase in 2018 in Various States

Littler on

As employers wait to see whether – and to what extent – the U.S. Department of Labor will revise the minimum amount they must pay to executive, administrative, and professionals for exemption from the Fair Labor Standards...more

Littler

Ready or Not, Here It Comes! 2018 Brings New Labor & Employment Laws, Primarily at the State Level

Littler on

As we prepare to turn the calendar to 2018, employers look ahead to the next wave of labor and employment regulations. On January 1, 2018, and throughout the coming year, employers across the nation will confront a host of...more

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