News & Analysis as of

Federal Funding New Legislation Trump Administration

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (8/20)

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Pritzker, taking aim at Trump, crypto ‘bros,’ signs laws to regulate digital currency industry, crypto ATMS - “These real-life examples of people falling prey to scammers and using cryptocurrency kiosks to send them large...more

Troutman Pepper Locke

Colorado August Special Session Will Address Colorado AI Act

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Key point: Colorado lawmakers will have another opportunity to amend the Colorado AI Act. ...more

Berkshire

Senate Looks to Fund OFCCP Despite Stated White House Priorities

Berkshire on

In a somewhat surprising move, the Senate Appropriations Committee has approved an appropriations bill for the federal government’s fiscal year 2026 that includes $105,976,000 for OFCCP’s “salaries and expenses.”...more

King & Spalding

“One Big Beautiful Bill Act”

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On July 4, 2025, President Trump signed into law H.R. 1, "One Big Beautiful Bill Act" (the “Act” or “OBBBA”) a comprehensive bill that combines many of the President’s major policy initiatives he had promised during his...more

Foley Hoag LLP

Sweeping Changes in Store for Federal Healthcare Programs After the Enactment of the "One Big Beautiful Bill Act"

Foley Hoag LLP on

Key Takeaways: - The One Big Beautiful Bill Act will create a sea change in the healthcare landscape. - This law will make significant changes to federal healthcare programs, especially Medicaid’s financing and eligibility...more

McDermott+

McDermott+ Check-Up – July 25, 2025

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CBO releases final scores for OBBBA. The Congressional Budget Office (CBO) estimates that the One Big Beautiful Bill Act (OBBBA) will increase the uninsurance rate by 10 million individuals over 10 years. House Energy and...more

Foley & Lardner LLP

The One Big Beautiful Bill and Workplace Immigration Enforcement

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The “One Big Beautiful Bill Act,” signed into law by President Trump on July 4, 2025, will fund government efforts to continue to vigorously enforce the immigration laws. Companies in the manufacturing, health care,...more

McDonnell Boehnen Hulbert & Berghoff LLP

What Trump’s Second Term Means for AI Regulation in the United States

As AI applications rapidly expand within our society, a debate has intensified over how to best regulate AI development and use. Recently, regulations relating to AI have been mainly introduced at the state and local level,...more

Perkins Coie

Estate Planning Provisions in the One Big Beautiful Bill Act

Perkins Coie on

Key Takeaways - 1. The Act permanently extends the doubled gift, estate, and generation-skipping tax exclusion amount to $15 million per individual and $30 million per married couple, indexed for inflation. 2. The Act...more

Troutman Pepper Locke

The OBBB Renews and Makes Permanent Qualified Opportunity Funds

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On July 4, 2025, President Trump signed the “One Big Beautiful Bill Act” (OBBB), H.R. 1, into law. The OBBB extended and made permanent the general qualified opportunity fund (QOF) legislative framework for investments in...more

Mintz - Health Care Viewpoints

Challenges Facing Managed Care Organizations under the Current Administration

Within the first six months of President Trump’s second term, his Administration and the GOP have already implemented significant policies that are reshaping health care in the United States. Through his Administration’s...more

Nossaman LLP

The OBBB Act | Infrastructure Overhaul: Transportation, Energy & Water Reforms

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On Friday, July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (H.R. 1), Public Law No: 119-21 (The OBBB Act). The legislation spans multiple sectors, with investments in aviation and maritime...more

Ballard Spahr LLP

The OBBBA’s Impact on Employee Benefits and Executive Compensation

Ballard Spahr LLP on

H.R.1—the One Big Beautiful Bill Act (OBBBA)—contains several provisions that directly affect employer-provided benefit programs, primarily health and welfare programs....more

Quarles & Brady LLP

No AI Moratorium for Now, but What Comes Next?

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President Donald Trump’s budget reconciliation bill (H.R.1.), dubbed the One Big Beautiful Bill Act (the Bill), nearly put a decade-long pause on state and local government AI regulation within the United States (the...more

Mintz - Antitrust Viewpoints

President Trump Signs Law with Over $1 Billion of AI Funding, and US Rescinds Chip Export Restrictions to China - AI: The...

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act, which allocates over $1 billion toward advancing the federal government’s use of AI. The funding package reinforces the administration’s...more

Mintz - Tax Viewpoints

QSBS Benefits Expanded Under One Big Beautiful Bill Act

Mintz - Tax Viewpoints on

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBBA), which included revisions to Section[1] 1202 for “qualified small business stock” (QSBS) unchanged from those initially introduced in the...more

Holland & Knight LLP

Holland & Knight Health Dose: July 8, 2025

Holland & Knight LLP on

With the reconciliation package signed into law, the U.S. House of Representatives is in recess and will return on July 14, 2025. In the interim, the U.S. Senate will focus on the appropriations bills for fiscal year (FY)...more

Foley & Lardner LLP

ITC and PTC Changes Under the Big Beautiful Bill Act

Foley & Lardner LLP on

President Trump last week signed into law the One Big Beautiful Bill Act (the “Act”). The Act made a number of changes to the clean electricity production credit under Section 45Y of the Internal Revenue Code (the “PTC”), the...more

Foley & Lardner LLP

Foley Automotive Update - July 2025

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Foley & Lardner will be among the speakers at the MEMA OE Digital Transformation in Mobility event beginning at 8:30 a.m. (ET) at the MEMA Conference Center in Southfield, Michigan on July 29, 2025...more

Foley & Lardner LLP

One Big Beautiful Bill Act Permanently Increases the Lifetime Estate, Gift and GST Tax Exclusion

Foley & Lardner LLP on

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBBA).  The OBBBA extended and may permanent many key provisions of the 2017 Tax Cuts and Jobs Act (the TCJA), including the Lifetime Estate,...more

Parker Poe Adams & Bernstein LLP

How Federal Tax Legislation Impacts Higher Education Institutions

A sweeping new federal domestic policy bill signed into law by President Donald Trump on July 4 has serious impacts for higher education institutions related to Pell Grant eligibility, federal student loan policies, and...more

Foley & Lardner LLP

The HDHP Telehealth Safe Harbor Returns – For Good This Time

Foley & Lardner LLP on

President Trump signed into law the One Big Beautiful Bill Act (OBBB) on July 4, 2025. The telehealth safe harbor, which allowed first dollar coverage of telehealth services without impacting Health Savings Account (HSA)...more

McDermott+

Healthcare Preview for the Week of: July 7, 2025

McDermott+ on

Reconciliation aftermath - Last week, President Trump signed H.R. 1, the One Big Beautiful Bill Act, into law after months of work on the reconciliation package. This week, things will slightly cool down in Washington, DC....more

Harris Beach Murtha PLLC

President Signs “Big Beautiful Bill” With Significant Housing Credit Expansion

On Friday, July 4th, President Trump signed the “One Big Beautiful Bill Act” (H.R. 1) – a sweeping budget reconciliation package that includes the most substantial expansion of federal affordable housing resources in 25...more

Allen Matkins

California Continues to Promote Clean Energy Transition Despite Federal Backstepping on Clean Energy and Hydrogen Funding

Allen Matkins on

The first quarter of 2025 has been marked by a turbulent transition between presidential administrations as indicated by regulatory course reversals, and clean energy regulations have been no exception. On January 20, 2025,...more

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