The Alabama legislature has passed a bill (HB 345) renewing the state historic tax credit program that expired in 2016. The new legislation will make available annually an aggregate of $20,000,000 of historic tax credits for qualifying projects beginning in 2018. As with the prior state historic tax credit program, the new legislation provides a tax credit against Alabama income tax of 25% of the qualified rehabilitation expenditures (“QREs”) incurred to rehabilitate a qualifying historic structure. There are, however, several significant changes to the original Alabama historic tax cred
In March 2017, we issued a Client Advisory (available here) on the proposed and ultimately unsuccessful “American Health Care Act” (the “AHCA”), House Republicans’ first attempted legislation to replace the Affordable Care Act (“ACA”) under President Trump’s Administration. Fearing that the original AHCA would not have enough votes to pass the House, the AHCA was pulled and no vote was held in the House.
On April 18, President Trump signed an Executive Order referred to as the “Buy American, Hire American” Executive Order (“EO”). The EO makes clear the Trump Administration’s priorities of buying American products when spending taxpayer dollars and strict enforcement of laws governing the use of non-U.S. labor.
Leslie Leaver of Strategic Business Solutions and Michael Heaton of Feder8Solutions joined Jon Levin in hosting a webinar on March 30. During the 90 minute program, they provided listeners with a discussion of proposal instructions and contract management. They discussed how to pitch your Government customers while turning square corners.
On Monday, President Trump signed a resolution officially declaring that the Fair Pay and Safe Workplaces Rule “shall have no force or effect”. The rule had been widely criticized and often referred to as the “blacklisting rule” for its requirement that Federal contractors disclose unproven allegations of violations of numerous labor laws. The rule was challenged shortly after its publication and the majority of its provisions had been stayed since October 2016 when a Judge in the U.S.