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HTMLPension Deal Reached
McDonald Hopkins LLC;
Legal Alert/Article
February 17, 2015, previously published on December 12, 2014
Part of the more than $1 trillion dollar CROmnibus spending bill is a provision that would allow multi employer pension plans to cut the benefits of current retirees and raise premiums in order to save the plan from insolvency.

 

HTMLBills Approved This Week
Michael Caputo, Rebecca M. Kuhns, Aaron M. Ockerman, Todd A. Snitchler; McDonald Hopkins LLC;
Legal Alert/Article
February 17, 2015, previously published on December 12, 2014
Property taxes for school safety: Sponsored by Sens. Gayle Manning (R-North Ridgeville) and Randy Gardner (R-Bowling Green), Senate Bill 42 would authorize school districts to levy a property tax exclusively for school safety and security purposes. The bill was approved by the House on Dec. 10.

 

HTMLTerrorism Risk Insurance Extension Passes House, Likely to Die in Senate
McDonald Hopkins LLC;
Legal Alert/Article
February 17, 2015, previously published on December 12, 2014
In the battle to avoid a government shutdown there were plenty of thorny issues for both chambers to wade through, but one issue in particular threatened to grind the entire effort to a halt: the Terrorism Risk Insurance Act (TRIA).

 

HTMLNew Legislative Redistricting Process Could Be in Ohio’s Future
Michael Caputo, Rebecca M. Kuhns, Aaron M. Ockerman, Todd A. Snitchler; McDonald Hopkins LLC;
Legal Alert/Article
February 17, 2015, previously published on December 5, 2014
Following years of debate on the issue, the Ohio legislature is poised to pass a resolution to change the way that legislative districts are drawn. The state’s current process for drawing legislative boundaries is highly partisan, requiring a simple majority vote by members of the Ohio...

 

HTMLOhio: Farmers’ Property Taxes Are on The Rise
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
February 17, 2015, previously published on December 4, 2014
According to a recent Cleveland Plain Dealer article, Ohio farmers are seeing significant spikes in their property taxes—as much as 400 percent—even though grain prices, primarily corn and soybeans, are crashing. The article blames Ohio’s current agricultural use value (CAUV)...

 

HTMLFlorida: Pre-filed Bills Propose Tax Cuts in Three Areas
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
February 13, 2015, previously published on December 11, 2014
At the end of Jan. 2014, Florida Gov. Rick Scott released his “It’s Your Money Tax Cut Budget” for fiscal year 2014-2015. As he repeated when he unveiled his budget, Gov. Scott’s tenure has focused on cutting taxes, reducing spending, and reducing debt. It is, therefore, not...

 

HTMLOhio Senate Wraps Up Work for the Year
Michael Caputo, Rebecca M. Kuhns, Aaron M. Ockerman, Todd A. Snitchler; McDonald Hopkins LLC;
Legal Alert/Article
February 13, 2015, previously published on December 12, 2014
The Ohio Senate stayed through the night on Dec. 11, wrapping up activity for the year early into the next morning. Negotiations lasted through the night between House and Senate leadership before a deal was reached on House Joint Resolution 12 to establish a new redistricting process.

 

HTMLTerrorism Insurance Deal Close
McDonald Hopkins LLC;
Legal Alert/Article
February 13, 2015, previously published on December 5, 2014
House and Senate negotiators are closing in on a compromise plan to renew the terrorism-risk insurance program, a federal backstop to help businesses and other groups to continue obtaining coverage for damages in a catastrophic attack.

 

HTMLProposed Rule Would Allow More Physicians to Participate in Multiple ACOs
Rick L. Hindmand; McDonald Hopkins LLC;
Legal Alert/Article
February 13, 2015, previously published on December 11, 2014
On Dec. 1, 2014, the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule that would revise the Medicare Shared Savings Program (MSSP) regulations relating to accountable care organizations (ACOs). These proposed changes were published in the Dec. 8, 2014 Federal Register and...

 

HTMLObama Nominates Ashton Carter as New Secretary of Defense
McDonald Hopkins LLC;
Legal Alert/Article
February 13, 2015, previously published on December 5, 2014
President Obama has nominated Ashton Carter to be the next defense secretary. If confirmed by the Senate, Carter would succeed Chuck Hagel, who announced his resignation last week.

 


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