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HTMLMississippi PSC Rejects Coop Associations’ Request to Reconsider Net-Metering Rule
Sutherland Asbill Brennan LLP;
Legal Alert/Article
February 2, 2016, previously published on February 1, 2016
The Mississippi Public Service Commission (PSC) put in place a net-metering rule, which allows customers to use rooftop solar panels to produce power and sell this power to utilities. The Electric Power Associations of Mississippi, Inc. asked the PSC to reconsider the rule, asserting that the PSC...

 

HTMLMagnolia LNG Extends Closing Date for Meridian LNG Tolling Agreement
Sutherland Asbill Brennan LLP;
Legal Alert/Article
February 2, 2016, previously published on February 1, 2016
Today, Magnolia LNG, LLC announced that Magnolia and Meridian LNG Holdings Corp (Meridian LNG) have agreed to extend the financial close date condition precedent for Magnolia LNG from June 30, 2016 to December 31, 2016. In 2015, Magnolia announced that it had entered into a tolling agreement with...

 

HTMLOpen for Nonbusiness: Oregon Tax Court Holds Insurance Company's Gain Was Nonbusiness Income
Open Weaver Banks, Hanish S. Patel; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
February 2, 2016, previously published on February 1, 2016
The Magistrate Division of the Oregon Tax Court held that an insurance company’s gain from the sale of a subsidiary and income from a holding company both constituted nonbusiness income. The court found that the acquisition and sale of a 40% owned subsidiary that operated as a third-party...

 

HTMLOklahoma Bill Mandates Market Survey of Shops
Sutherland Asbill Brennan LLP;
Legal Alert/Article
February 2, 2016, previously published on February 1, 2016
The Oklahoma legislature is considering a bill requiring insurers to conduct an annual market survey of motor vehicle repair and glass repair shop collision repair facilities. The survey would request information from repair shops on topics such as labor and material cost averages. Insurers would...

 

HTMLTax Base Creep: Ohio Asserts Expanded Taxability of Electronic Information Services, Internet Access
Zachary T. Atkins, Madison J. Barnett; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
February 1, 2016, previously published on January 29, 2016
The Ohio Department of Taxation issued a revised information release announcing its new positions regarding sales and use tax on electronic information services used in business. In the release, the Department takes the position that taxable electronic information services can include, among other...

 

HTMLI Don't Get No Respect: Kentucky Supreme Court Rejects Deference to Board of Tax Appeals Statutory Interpretation
Charles C. Capouet, Charles C. Kearns; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
January 29, 2016, previously published on January 28, 2016
The Kentucky Supreme Court held that the interpretation of inheritance tax statutes by the Kentucky Board of Tax Appeals was not entitled to Chevron deference. Deference is given only to an administrative agency’s interpretation of the statutes which it administers. The Board is merely a...

 

HTMLNo Ifs, Ands, or Buts: California Court Invalidates Regulation Limiting Consultant Contingent Fee Arrangements
Olga Jane Goldberg, Marc A. Simonetti; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
January 29, 2016, previously published on January 28, 2016
The California Superior Court struck down a regulation that imposed a de facto ban on contingent fee arrangements between businesses applying for the California Competes tax credit and consultants. The Court ruled that the regulation exceeded the scope of the statute by adding requirements to the...

 

HTMLExxonMobil Outlines Pluses and Minuses of Alaska LNG Project
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 29, 2016, previously published on January 28, 2016
The Alaska Journal of Commerce reports that ExxonMobil, co-sponsor of the Alaska LNG project, recently gave a presentation to the Alaska legislature outlining the pluses and minuses of the project, of which the State of Alaska is a 25% partner. Pluses include existing gas production infrastructure...

 

HTMLEagle LNG Partners Files FTA and Non-FTA LNG Export Application
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 29, 2016, previously published on January 28, 2016
Eagle LNG Partners announced that it has filed an application with the U.S. Department of Energy (DOE) requesting long-term, multi-contract authorization to export up to 49.8 Bcf (approximately 1.0 million tons) of LNG/year to both free trade agreement (FTA) and non-free trade agreement (non-FTA)...

 

HTMLA Win for Clean Energy: Court Holds Wind Turbine Exempt from Property Tax in Rhode Island
Madison J. Barnett, Samantha K. Trencs; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
January 29, 2016, previously published on January 28, 2016
The Rhode Island Supreme Court held that a wind turbine owned by a non-utility private party was exempt from personal property tax under a manufacturing exemption because the turbine converted wind into electricity. The court rejected the taxing authority’s argument that the turbine was...

 


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