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HTMLOil and Gas Severance Proposal Clears the House
McDonald Hopkins LLC;
Legal Alert/Article
May 21, 2014, previously published on May 16, 2014
Legislation to increase Ohio’s oil and gas severance tax cleared the House this week after squeaking through the House Ways and Means Committee with a vote of 11-10. For details on the proposal, please read the May 9, 2014 edition of the Ohio Statehouse Update.

 

HTMLObama "Goes It Alone" On Energy and the Environment
McDonald Hopkins LLC;
Legal Alert/Article
May 21, 2014, previously published on May 9, 2014
Just days after using the release of the National Climate Assessment to push his message on climate change, President Obama will continue his use of executive power to push solutions to curb its effects.

 

HTMLSeverance Tax Proposal Gets Another Overhaul
McDonald Hopkins LLC;
Legal Alert/Article
May 21, 2014, previously published on May 9, 2014
The House Ways and Means Committee accepted a second rewrite of legislation to increase Ohio’s severance tax, which is currently 20 cents per barrel of oil and three cents per Mcf of natural gas and natural gas liquids. As originally introduced, House Bill 375 would have phased-in a rate of...

 

HTMLBill to Reform Insurance Industry Regulations Clears Senate
McDonald Hopkins LLC;
Legal Alert/Article
May 21, 2014, previously published on May 16, 2014
The Ohio Senate this week approved Senate Bill 140, referred to as the Insurance Regulatory Modernization Act, which updates the state’s regulatory insurance laws. According to the bill sponsor, Senator Kevin Bacon (R-Columbus), the lengthy bill would give insurance companies greater...

 

HTMLThe Serious Business of Serving on the Board of a College or University
McDonald Hopkins LLC;
Legal Alert/Article
May 21, 2014, previously published on May 14, 2014
While being recruited for and serving on the board of a college or university can be an honor, board members must recognize that they are accountable for the organization’s actions. In light of “The looming financial crisis for colleges and universities”, this responsibility...

 

HTMLRecord Settlement Underscores Escalating HIPAA Risks
McDonald Hopkins LLC;
Legal Alert/Article
May 21, 2014, previously published on May 13, 2014
The U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) recently announced its largest settlement to date—$4.8 million—under the Health Insurance Portability and Accountability Act (HIPAA) Privacy and Security Rules. New York Presbyterian Hospital (NYP) and...

 

HTMLAlaska: State Supreme Court Rules In Favor of Property Tax Exemption for Same-Sex Couples
McDonald Hopkins LLC;
Legal Alert/Article
May 21, 2014, previously published on May 15, 2014
Last month, the Supreme Court of Alaska issued an opinion in a case in which three same-sex couples claimed that a state and municipal property tax exemption violated their equal protection rights under the Alaska Constitution. The case was State v. Schmidt, --- P.3d ---, 2014 WL 1663367 (Alaska...

 

HTMLPennsylvania: Governor Signs Law Clarifying When Local Taxing Authorities May Impose a Business Privilege Tax
McDonald Hopkins LLC;
Legal Alert/Article
May 21, 2014, previously published on May 15, 2014
The State of Pennsylvania has enacted legislation clarifying the application of the business privilege tax imposed by local taxing authorities. The new law (H.B. 1513) was signed by Governor Tom Corbett on May 6, 2014 and applies to tax years beginning on or after Jan. 1, 2014. This law resolves...

 

HTMLRepublicans Block Extenders in Senate
McDonald Hopkins LLC;
Legal Alert/Article
May 21, 2014, previously published on May 16, 2014
It was believed that even if Majority Leader Harry Reid (D-NV) blocked Republican amendments on legislation to extend expired tax provisions, known as tax extenders, Republicans weren't likely to prevent the bill from coming to the floor. However, that is exactly what Republicans did on Thursday,...

 

HTMLNational Survey: BNA Survey Reports Key State Tax Findings - Policies Continue to Lag in Cloud Computing and Digital Goods
McDonald Hopkins LLC;
Legal Alert/Article
May 21, 2014, previously published on May 8, 2014
The purpose of the survey was to clarify each state’s position on gray areas of state taxation, with an emphasis on nexus. According to BNA, it compiled its survey by sending questionnaires to senior state tax officials in every state, the District of Columbia and New York City. All states...

 


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