Publications

The second session of the 103rd Nebraska Legislature recently ended on April 17, 2014. With the completion of the session, the Legislature enacted several new bills and introduced many amendments to existing bills that are pertinent to the banking industry. This article provides brief summaries on several pieces of legislation […]

Remember the Deficit Reduction Act of 2005? It made certain Medicaid providers subject to additional compliance requirements, causing them to amend their compliance policies and add procedural steps. Now, nine years after its enactment, some state Medicaid agencies are checking on compliance through questionnaire audits. To refresh your memory: Section […]

Issuance of Notice 2014-46 The IRS has clarified the rules for tax credits relating to renewable energy projects by issuing new guidance regarding pre-2014 qualification requirements for production tax credits (“PTC”) and investment tax credits (“ITC”). On August 8, 2014, the IRS issued Notice 2014-46 (the “Notice”), which addressed requirements […]

The Nebraska Supreme Court, in Sanitary and Improvement District No. 24 v. Tristar Management, LLC, held that Tristar’s tax deeds foreclosed the SID’s special assessment liens. The issue was whether the SID’s special assessment liens against real estate located within the SID survived Tristar’s acquisition of the property by tax […]

The Consumer Financial Protection Bureau (“CFPB” or “Bureau”) issued a memorandum on June 25, 2014 (“Memorandum”) regarding the Bureau’s position on the Bureau’s recognition of same-sex marriage. The Bureau noted that on June 26, 2013 in United States v. Windsor, 133 S.Ct. 2675 (2013) the Supreme Court struck down Section […]