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HTMLStates Issue Tax Guidance for Same-Sex Marriage
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
July 15, 2015, previously published on July 9, 2015
With its recent decision in Obergefell v. Hodges, the United States Supreme Court determined that the 14 same-sex couple petitioners from Michigan, Kentucky, Ohio, and Tennessee have a constitutional right to marry. Simultaneously, the Court put to rest related questions for the whole nation, by...

 

HTMLColorado: Marijuana Revenues Trigger TABOR Refunds
David H. Godenswager, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
July 15, 2015, previously published on July 9, 2015
In November 2000, Colorado voters approved the use of marijuana for medical purposes, and in 2012, it did the same for recreational marijuana. In 2014, the state collected more than $76 million in tax revenues and related licenses and fees. This includes the 2.9 percent retail and medical marijuana...

 

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.

 

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.

 

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,...

 

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.

 

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...

 

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...

 

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."

 


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