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HTMLBill Accelerating Certain Tax Cuts is Sent to Governor’s Desk
McDonald Hopkins LLC;
Legal Alert/Article
June 18, 2014, previously published on June 12, 2014
The Ohio mid-biennium budget bill, H.B. 483, has been sent to Ohio Governor John Kasich for his expected signature. While there are numerous changes enacted under H.B. 483, several will reduce the income tax liability of Ohioans.

 

HTMLFederal Government Cracks Down on Cheese
McDonald Hopkins LLC;
Legal Alert/Article
June 17, 2014, previously published on June 13, 2014
That headline isn’t a typo. The Food and Drug Administration (FDA) is concerned about the public health safety of using wooden boards to age or ripen cheese. The agency recently cited several New York state cheese makers for using the boards in a recent inspection, saying the...

 

HTMLSenate Passes VA Reform Bill
McDonald Hopkins LLC;
Legal Alert/Article
June 17, 2014, previously published on June 13, 2014
On Wednesday, the Senate passed legislation aimed at responding to the healthcare crisis at the Veterans Affairs Department. The legislation passed by a margin of 93 to 3.

 

HTMLCantor’s Loss Sets Up Leadership Shuffle in House
McDonald Hopkins LLC;
Legal Alert/Article
June 17, 2014, previously published on June 13, 2014
On Tuesday night, House Majority Leader Eric Cantor (R-VA) lost his primary to an unknown and underfunded economics professor. Cantor’s loss was equivalent to a political earthquake in D.C.

 

HTMLStudent Loan Bill Dies in Senate
McDonald Hopkins LLC;
Legal Alert/Article
June 17, 2014, previously published on June 13, 2014
A Democratic-authored plan to let Americans refinance their existing student loan debt failed to advance in the Senate on Wednesday. In the end, the bill from Sen. Elizabeth Warren (D-MA) went down 56 to 38, not meeting the 60-vote threshold needed to advance to a final vote. Three...

 

HTMLSupreme Court Unanimously Holds Inherited IRAs are NOT Protected in Bankruptcy
Jeffrey P. Consolo, Katherine Esshaki Wensink; McDonald Hopkins LLC;
Legal Alert/Article
June 17, 2014, previously published on June 13, 2014
The Supreme Court in a unanimous decision ruled on June 12, 2014, that inherited IRAs are subject to creditors and are not protected in bankruptcy. The ruling brings clarity to an issue - whether or not inherited IRAs are protected - that had been split among the circuit courts.

 

HTMLFlurry of Legislative Action on Mid-Biennium Review Bills
McDonald Hopkins LLC;
Legal Alert/Article
June 12, 2014, previously published on June 6, 2014
The legislature was hard at work this week finalizing a number of bills prior to breaking for summer recess on June 4. Among the measures to receive approval were half a dozen bills included in the Governor’s Mid-Biennium Review (MBR) package, of which a summary is included below.

 

HTMLHouse Approves Bill to Ease Effects of Federal Coal Emissions Standards
McDonald Hopkins LLC;
Legal Alert/Article
June 12, 2014, previously published on June 6, 2014
The Ohio House passed House Bill 506 this week, a measure that requires the Director of the Ohio EPA to adopt rules establishing standards of performance for carbon dioxide emissions from existing coal-fired and natural gas-fired electric generating units and to specify factors on which those...

 

HTMLEPA Issues New Greenhouse Gas Emissions Rule
McDonald Hopkins LLC;
Legal Alert/Article
June 11, 2014, previously published on June 6, 2014
The Environmental Protection Agency (EPA) issued new proposed rules regarding the greenhouse gas emissions from existing electric utility generating plants. The proposed rules seek to cut power-plant carbon emissions by 30 percent from their 2005 levels by 2030.

 

HTMLCompromise Reached on VA bill
McDonald Hopkins LLC;
Legal Alert/Article
June 11, 2014, previously published on June 6, 2014
Senator Bernie Sanders (I-VT) and Senator John McCain (R-AZ) reached a deal Thursday on legislation aimed at reforming the Department of Veterans Affairs and improving veterans' access to healthcare.

 


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