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HTMLUSDA Announces New Program to Help Rural Utilities
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 23, 2016, previously published on June 22, 2016
The United States Department of Agriculture (USDA) announced the new Rural Energy Savings Program (RESP). RESP is a program aimed at helping rural residents conserve energy and save money on their utility bills. The RESP will make available $52 million in interest free loans to rural energy...

 

HTMLState of Alaska May Increase Stake in Alaska LNG Project
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 23, 2016, previously published on June 22, 2016
KTOO reports that Alaska Governor Bill Walker’s administration is considering increasing Alaska’s stake in the Alaska LNG Project or taking over ownership completely. Currently, the state owns 25% of the project through the Alaska Gasline Development Corporation. BP Alaska LNG LLC,...

 

HTMLNYC Tax Appeals Tribunal Determines HMO Subject to General Corporation Tax
Andrew D. Appleby; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
June 21, 2016, previously published on June 20, 2016
The New York City Tax Appeals Tribunal reversed an administrative law judge (ALJ) and determined that a health maintenance organization (HMO) was subject to the New York City general corporation tax.

 

HTMLSierra Club Files Court Appeal of Dominion Cove Point LNG Export Authorizations
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 21, 2016, previously published on June 20, 2016
Sierra Club has filed a court appeal of the U.S. Department of Energy’s (DOE) orders authorizing long-term exports of LNG to nations without a Free Trade Agreement with the United States from the Dominion Cove Point LNG export terminal under construction at Lusby, Md. The appeal was filed...

 

HTMLSabine Pass Withdraws Application to Construct LNG Truck Loading Facilities
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 21, 2016, previously published on June 20, 2016
Sabine Pass Liquefaction, LLC (Sabine Pass) has filed a letter with FERC withdrawing its application for authorization to construct and operate LNG truck loading facilities at the Sabine Pass LNG terminal in Cameron Parish, La. The letter request withdrawal of the application because “Sabine...

 

HTMLNIST Announces Smart Grid Advisory Committee Meeting
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 21, 2016, previously published on June 21, 2016
The National Institute of Standards and Technology (NIST) announced that its Smart Grid Advisory Committee will meet July 13-14 at the NIST headquarters in Gaithersburg, Maryland. The meeting will provide an update on the NIST Smart Grid and Cyber-Physical Systems Program activities, and an...

 

HTMLEIA Predicts Slow Sales Growth
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 21, 2016, previously published on June 20, 2016
The Energy Information Administration (EIA) has forecasted slow electricity sales growth over the next 25 years in its latest Annual Energy Outlook. The EIA predicts that the electricity sales to commercial customers will increase at an average annual rate of 0.7 percent through 2040, while...

 

HTMLPlatts Launches LNG Gulf Coast Marker
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 21, 2016, previously published on June 20, 2016
S&P Global Platts (Platts) [subscription] announced that it will launch the LNG Gulf Coast Marker (GCM), “a daily LNG assessment reflecting the value of spot LNG exported from the US Gulf Coast, on a FOB basis, expressed in US$/MMBtu.” Platts will also add new freight route costs from...

 

HTMLDon’t be Phased by Annuity Treatment: Taxation of Distributions During Phased Retirement
Brenna M. Clark, Adam B. Cohen, Brittany Edwards-Franklin, Thomas A. Gick, W. Mark Smith; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
June 21, 2016, previously published on June 21, 2016
On June 10, the Internal Revenue Service (IRS) issued Notice 2016-39 in response to inquiries regarding the appropriate tax treatment under section 72 of the Internal Revenue Code (the Code) for payments received by an employee from a qualified defined benefit plan during phased retirement. For...

 

HTMLDOE Releases April 2016 LNG Export Data
Sutherland Asbill Brennan LLP;
Legal Alert/Article
June 21, 2016, previously published on June 20, 2016
The U.S. Department of Energy’s Office of Fossil Energy has released LNG import and export data for 2016 through April. The data show that in April three commissioning cargoes of domestically produced LNG were exported from the Sabine Pass Liquefaction terminal in Cameron Parish, La.: two...

 


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