Under the Impoundment Control Act (ICA) of 1974, the president has the authority to permanently cancel federal funding once it has been enacted by Congress, referred to as a rescission. Under the ICA, the president must transmit…
more
/ Administrative Law, Elections & Politics, International Law & Trade
Continuing its tradition of bipartisan, thoughtful development of corporate laws and fostering an atmosphere supportive of responsible businesses, the Nevada Legislature has approved—and Gov. Joe Lombardo has signed—Assembly…
more
/ Business Organizations, Commercial Law & Contracts, Mergers & Acquisitions
The House version of the budget reconciliation package (H.R.1) includes a 10-year moratorium on state and local enforcement of “any law or regulation regulating artificial intelligence models, artificial intelligence systems, or…
more
/ Constitutional Law, Consumer Protection, Science, Computers, & Technology
On May 21, 2025, the Joint Minerals, Business and Economic Development Committee met in Casper, Wyoming. Lawmakers and industry leaders examined the future of enhanced oil recovery (EOR) in the state—an effort that could unlock…
more
/ Energy & Utilities, Environmental Law, Taxation
After 18 months of stakeholder meetings with local governments, real estate developers and consumer advocates, the Colorado Task Force to Study Corporate Housing Ownership is expected to release a report later this month…
more
/ Administrative Law, Real Estate - Residential, Zoning, Planning & Land Use
On May 22, the House of Representatives passed H.R. 1, “The One, Big, Beautiful Bill Act,” legislation authorized under the FY 2025 concurrent budget resolution (H. Con. Res. 14). The bill includes a broad range of…
more
/ Elections & Politics, Taxation
The Sanctioning Russia Act of 2025 (S.1241/H.R.2548) is currently under consideration in both the Senate and the House in response to Russia’s ongoing invasion of Ukraine. The Senate version, introduced on April 1, 2025, by…
more
/ Energy & Utilities, Finance & Banking, International Law & Trade
Current State of Play: The United States Court of Appeals for the Federal Circuit consolidated and temporarily stayed the first decision from the U.S. Court of International Trade (USCIT). This temporary stay keeps the tariffs…
more
/ Administrative Law, Constitutional Law, International Law & Trade
Earlier this month, Maryland received the sobering fiscal news that for the first time in over 50 years, Moody’s Investors Service downgraded the state’s bond rating. The change, from Aaa to Aa1, removes Maryland from the elite…
more
/ Education Law, Elections & Politics, Finance & Banking
On Friday, May 30, the Trump administration released the Technical Supplement to the 2026 Budget (“Appendix”). The appendix follows the May 2 release of the president’s recommendations on discretionary funding levels for fiscal…
more
/ Administrative Law, Elections & Politics, Military Law
On May 12, 2025, the current head of the Department of Justice’s (DOJ) Criminal Division issued fresh guidance to all personnel under his purview with new two memoranda…
more
/ Business Organizations, Criminal Law, International Law & Trade
Following a multiyear lull, the Nevada gaming industry has recently experienced a flurry of federal and state regulatory actions related to the enforcement of the Bank Secrecy Act. Just the past several months alone have seen…
more
/ Administrative Law, Criminal Law, Finance & Banking
On May 22, the U.S. House of Representatives passed the One Big Beautiful Bill Act (H.R. 1), an extensive budget reconciliation package that advances President Trump’s plan to enact his economic agenda. After a series of ongoing…
more
/ Elections & Politics, Health
On May 22, the House of Representatives passed H.R. 1, “The One, Big, Beautiful Bill Act,” legislation authorized under the FY 2025 concurrent budget resolution (H. Con. Res. 14). The bill includes a broad range of…
more
/ Taxation
On May 22, the Senate approved three House-backed Congressional Review Act (CRA) resolutions that overturned Environmental Protection Agency (EPA) waivers, which had effectively imposed a de facto ban on gas-powered cars in…
more
/ Administrative Law, Environmental Law, Transportation