Oct 5, 2020

The President Authorizes the Antitrust Criminal Penalty Enhancement and Reform Permanent Extension Act

On June 25, 2020, the U.S. House of Representatives and Senate passed identical bills, H.R. 7036 and S. 3377, repealing the sunset provisions of the Antitrust Criminal Penalty Enhancement and Reform Act (“ACPERA”).[1] On October 1, 2020, the President signed into law a continuing resolution. The resolution contains the Antitrust Criminal Penalty Enhancement and Reform Permanent Extension Act, which reauthorizes ACPERA and repeals its sunset provision. [2] ACPERA was enacted in 2004 to encourage antitrust violators to cooperate with government prosecutors and private litigants in antitrust cases. Under the Act, if an amnesty applicant into the Department of Justice’s Antitrust… Read more

Oct 10, 2018

Congress Approves America’s Drinking Water Infrastructure Act

Drinking Water

On September 13, 2018, the U.S. House of Representatives unanimously approved the America’s Water Infrastructure Act.  The legislation has bipartisan support in the Senate and is expected to be approved. When approved, the Act will increase funding allocated for EPA’s Drinking Water State Revolving Fund, which provides financial support to state drinking water systems.  The proposed legislation expands the class of chemicals that public water supplies must monitor for, and requires monitoring for systems serving more than 3,300 people.  The threshold under the existing act is for systems serving more than 10,000 people.  The new monitoring requirements are expected to… Read more

Dec 21, 2017

Changes to Certain Federal and State Laws Relevant for Israeli Companies with U.S. Operations

Tax Law: Tax Cuts and Jobs Act of 2017

A number of you in Israel have asked about the impact of the new U.S. tax law regime. At the time, the reconciliation process between the House and Senate versions was still underway, so it was too soon to know for sure. Now we know. There will be many updates on the Web from various sources, but my colleagues in our Employment Benefits Group have provided one which focuses on this area and will be relevant for those of who have (or who have clients who have) such arrangements in the United States. See here. In addition, a number of… Read more