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
Good Afternoon! It’s been a busy couple of weeks in the orbit of Washington. President Trump nominated a new NASA Administrator, and the “Big Beautiful Bill” gave Space Force a big budget bump. Meanwhile, scientists and the...more
On July 4, 2025, President Trump signed H.R. 1—dubbed the One Big Beautiful Bill Act (OBBBA)—enacting significant modifications to clean‑energy credits previously enacted under the Inflation Reduction Act of 2022. OBBBA...more
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, establishes new phased-in benefits for Qualified Small Business Stock (QSBS) held for at least three years. ...more