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.
With current Gov. Nathan Deal term-limited, a wide range of candidates from both parties have joined the competitive contest to replace him. Tuesday’s primary led to a runoff between the top two finalists among those vying for the Republican nomination.
It’s a busy week for Congress — lawmakers are trying to get as much done as possible before departing for the weeklong Memorial Day recess. Major items on the to-do list include (1) the Senate’s bipartisan banking bill; (2) farm bill; (3) FY 2019 defense reauthorization; and (4) the Foreign Investment Risk Review Modernization Act.
Your weekly North Carolina political news report.
This Week: More opioid legislation marked up…Questions about the need for the rescission package…President releases drug pricing plan…And FDA and CMS start to act.
The legislature began its 2018 short session on Wednesday. The House filed 47 bills this week, and the Senate filed 15. The House passed a bill that modifies the licensure process for out of state school psychologists who want to practice in North Carolina. Also, the Senate Finance Committee adopted legislation that would make numerous changes to state revenue laws. Both chambers plan to consider more substantive legislation next week.
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.