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HTMLMichigan Supreme Court Approves Partial Use Tax Exemption for Transmission and Distribution Equipment
Michele Borens, Jonathan A. Feldman, Jeffrey A. Friedman, Todd A. Lard, Carley A. Roberts; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 29, 2015, previously published on July 28, 2015
The Michigan Supreme Court held that an electric utility’s transmission and distribution equipment used for both taxable and exempt purposes qualifies for a partial sales and use tax exemption. See Detroit Edison Co. v. Dept. of Treasury, No. 148753 (Mich. July 22, 2015). This marks the...

 

HTMLMultistate Tax Commission Commences Annual Conference, Expands Audit Program
Michele Borens, Jonathan A. Feldman, Jeffrey A. Friedman, Todd A. Lard, Carley A. Roberts; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 29, 2015, previously published on July 28, 2015
Yesterday, the Multistate Tax Commission (MTC) kicked off its annual conference and committee meetings with meetings of the Audit and Nexus Committees. The MTC’s Audit program continues to grow by adding Iowa, Pennsylvania, Rhode Island and Delaware to the program during the last fiscal year....

 

HTMLCE FLNG Requests Continuation of FERC Pre-Filing Review Status
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 29, 2015, previously published on July 28, 2015
CE FLNG, LLC (CE FLNG), an affiliate of Cambridge Energy Group Limited, has submitted a response to FERC’s letter directing FLNG to submit by August 1, 2015, draft resource reports in support of its proposed self-propelled floating LNG export terminal on the Mississippi River near Baptiste...

 

HTMLMTC Nearing Completion of Model Sourcing Regulation for Services and Intangibles
Michele Borens, Jonathan A. Feldman, Jeffrey A. Friedman, Todd A. Lard, Carley A. Roberts; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 28, 2015, previously published on July 27, 2015
The Multistate Tax Commission’s (MTC) Annual Conference and Committee Meetings are being held on July 27-30, 2015, in Spokane, Washington. On Tuesday, July 28, 2015, at approximately 1:00 pm PDT (exact time subject to change), an MTC working group will present this model market-based sourcing...

 

HTMLFERC Authorizes Excelerate's Aguirre LNG Import Terminal for Offshore Puerto Rico
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 28, 2015, previously published on July 27, 2015
FERC has issued an order authorizing Excelerate Energy subsidiary Aguirre Offshore GasPort, LLC to construct and operate an LNG import terminal along the southern shore of Puerto Rico, near the municipality of Salinas. The Aguirre LNG Project is being developed in cooperation with the Puerto Rico...

 

HTMLBonneville Power Administration's Rate Increase to Hit Coops
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 28, 2015, previously published on July 27, 2015
Bonneville Power Administration (BPA) recently announced that it will raise its wholesale power rates by 7.1 percent and its transmission rates by 4.4 percent, effective October 1. BPA, a federal agency and the largest wholesale provider in the northwestern United States, supplies wholesale power...

 

HTMLFERC to Prepare Environmental Impact Statements for Proposed Brownsville, Texas LNG Terminals
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 28, 2015, previously published on July 27, 2015
FERC has issued notices of its intent to prepare environmental impact statements for the liquefaction and LNG export terminals proposed by Annova LNG Brownsville, Texas LNG Brownsville LLC, and Rio Grande LNG, LLC. All three projects are proposed for the Brownsville, Texas area. The complete...

 

HTMLArizona Appeals Court Allows Utility to Burn Trash for Renewable Energy
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 27, 2015, previously published on July 24, 2015
Despite resistance from the Sierra Club, the Arizona Court of Appeals ruled to allow the Mohave Electric Cooperative (“Mohave”) to burn trash for renewable energy, acknowledging the Arizona Corporation Commission’s (the “Commission”) constitutional authority to...

 

HTMLNAIC Working Group Exposes Revisions to Incorporate Cybersecurity Considerations into Financial Conditions Examiners Handbook
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 27, 2015, previously published on July 24, 2015
In an effort to set cybersecurity readiness standards for the insurance industry, the National Association of Insurance Commissioners (NAIC) IT Examination (E) Working Group (“Working Group”) has exposed revisions to incorporate Cybersecurity Considerations...

 

HTMLUpdate on NAIC and State Regulatory Activity on “Price Optimization”
Eric A. Arnold, Thomas W. Curvin, Stephen E. Roth, Cynthia R. Shoss, Phillip E. Stano; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 24, 2015, previously published on July 23, 2015
Regulatory activity on price optimization appears to be coming to a head. The National Association of Insurance Commissioners (NAIC) Casualty Actuarial and Statistical (C) Task Force is continuing to gather input, with all roads leading toward a significant discussion of the issue at the upcoming...

 


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