When the 2017 Tax Act capped the individual federal income tax deduction for state and local taxes at $10,000, there was an uproar from higher-tax states such as California, Connecticut, New York and New Jersey.
In a recent Stateline article from The Pew Charitable Trusts, McGuireWoods Consulting senior vice president Chris Nolen commented on state efforts to develop internet privacy legislation.
Led State and Federal Legislative Affairs for Texas Retailers Association; Veteran of the Texas Legislature and Texas Comptroller’s Office
The Nashville Business Journal sought authoritative insight from McGuireWoods Consulting’s Chris Lloyd in reporting on possible damage to Nashville’s robust economic development after voters overwhelmingly defeated a May 1 metropolitan transit referendum.
Ryan Bernstein, a respected Republican strategist and chief of staff to U.S. Sen. John Hoeven of North Dakota, will bring nearly two decades of senior government and political experience to McGuireWoods Consulting’s acclaimed Federal Government Relations Practice.
Business slowed at the legislature this week in preparation for adjournment next week. The focus shifted to local bills, concurrence votes on a few public bills, and constitutional amendments. Also, the House and Senate voted to override two gubernatorial vetoes of a comprehensive elections bill and a bill to make various changes to judicial districts. Furthermore, legislative leaders expect to consider more constitutional amendments and veto overrides next week.
Vote of the week: Immigration
All eyes will be on the House this week as members prepare to take up two bills to reform the U.S. immigration system and address the fate of DACA recipients (so-called “Dreamers).
Your weekly North Carolina political news report.
This Week: Opioid legislation moves…Insurers lose in court…OMB clears Association Health Plan Rule…and more!
The legislature was very busy this week as leadership looks ahead to adjournment. The House voted to override the Governor’s budget veto, and gave its final approval to legislation that would change various alcohol regulations. Also, House and Senate leaders considered more state constitutional amendments, and both chambers gave their final approval to a bill that would make comprehensive changes to various judicial districts and divisions.
An overview of the upcoming week in Congress from the McGuireWoods Consulting Tax Policy Update Team.
The European Commission recently proposed a 3% tax on turnover for companies with EU digital revenues over €50 million and total global revenues over €750 million.
The latest updates in the Affordable Care Act (ACA) case, from the Washington Healthcare team.