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HTMLStart Preparing: SEC Issues Proposed Guidance on Executive Compensation Clawbacks
Benjamin D. Panter; McDonald Hopkins LLC;
Legal Alert/Article
July 13, 2015, previously published on July 2, 2015
Almost five years since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Act), the U.S. Securities and Exchange Commission (SEC) finally provided guidance on one of the Act’s most controversial provisions: the executive compensation clawback. By way of background,...

 

HTMLKansas: Gov. Brownback Signs Legislation to Address the $400 Million Revenue Deficit by Increasing Taxes
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
July 13, 2015, previously published on July 2, 2015
As has been widely discussed, by nearly any measure, Kansas’ experiment that decreased taxes without any plan to replace the lost revenue is a bona fide disaster.

 

HTMLNew Jersey: Lawmakers Introduce Legislation to Exempt Holocaust Reparations Payments from Taxation
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
July 13, 2015, previously published on July 2, 2015
Last year, lawmakers introduced AB 1041, a bill that would exempt from all claims of creditors and from levy, execution, attachment, or other legal process, monetary reparations designated for or received by a Holocaust survivor from any governmental or victim assistance source. This applies to all...

 

HTMLOhio: Gov. Kasich Approves Final Budget for Fiscal Year 2016-17
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
July 13, 2015, previously published on July 2, 2015
Last week, Ohio’s General Assembly signed off on the final $130 billion, nearly 3,000 page budget bill (HB 64) for fiscal year 2016-17. This week, Gov. John Kasich largely did the same but chose to exercise his veto authority over 44 provisions.

 

HTMLOIG to Physicians: Review Your Financial Agreements
Rick L. Hindmand, John T. Mulligan, Bruce E. Reinhart, Jane Marie Pine Wood; McDonald Hopkins LLC;
Legal Alert/Article
July 10, 2015, previously published on July 1, 2015
Earlier this month, the Office of Inspector General of the U.S. Department of Health and Human Services (OIG) issued a fraud alert warning physicians of their duty to ensure that their financial arrangements with healthcare companies involve bona fide services and are in line with fair market value.

 

HTMLOregon: Department of Transportation Seeks Volunteers for Pilot Program Taxing Miles Driven
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
July 3, 2015, previously published on June 25, 2015
The Oregon Department of Transportation (ODOT) has announced OReGO, its road usage charge program designed to create "a fair and sustainable way to fund road maintenance, preservation, and improvements for all Oregonians."

 

HTMLState Budget on its Way to Gov. Kasich's Desk
Michael Caputo, Rebecca M. Kuhns, Aaron M. Ockerman, Todd A. Snitchler; McDonald Hopkins LLC;
Legal Alert/Article
July 3, 2015, previously published on June 26, 2015
The Ohio General Assembly completed its work today on House Bill 64, the state's two-year operating budget. The Ohio House voted in favor of the bill 61-34; the Ohio Senate had voted 23-9 in favor of the bill on June 25. The Conference Committee, comprised of six members from the House and Senate...

 

HTMLFlorida: Gov. Scott Signs Over $400 Million of Tax Breaks Into Law
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
July 3, 2015, previously published on June 25, 2015
Last week, Gov. Rick Scott signed House Bill 33, which provides numerous tax incentives intended to benefit individuals and businesses. According to the bill analysis, the total impact of the incentives amount to $428 million, $365 million of which will occur in fiscal year 2015-16. Keep Florida...

 

HTMLUS Supreme Court Says Yes to Same-Sex Marriage
Katherine Esshaki Wensink, Michael P. Witzke; McDonald Hopkins LLC;
Legal Alert/Article
July 3, 2015, previously published on June 26, 2015
Today, the U.S. Supreme Court (SCOTUS) ruled that both opposite-sex and same-sex couples have the fundamental right to marry and recognize the advantages (and disadvantages) of marriage. SCOTUS ruled that states cannot ban same-sex marriage, because it is a violation of the 14th Amendment (the...

 

HTMLTexas: Gov. Abbott Signs More Than $4 Billion of Tax Cuts Into Law
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
July 3, 2015, previously published on June 25, 2015
State Sen. Jane Nelson (R-Flower Mound), who is also the chairwoman of the Senate Finance Committee, authored several tax cut bills that Gov. Greg Abbott signed into law last week. In Sen. Nelson’s press release, she highlighted the state’s strong financial position that justified the...

 


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