August 5th, 2020 marked the conclusion of the bill signing period following one of the longest legislative sessions in Georgia history. In addition to the constitutionally mandated appropriations acts, the legislature passed 611 pieces [...]
By: Shaney B. Lokken About a mile and a half into my run this weekend, I nearly twisted my ankle at the edge of a crater in the sidewalk that looked like one hard [...]
At the end of last year, the IRS issued its final regulation updating the 147(f) public hearing and approval requirements for tax exempt private activity bonds issued by state and local governments. The updated [...]
On September 28, 2017, the Internal Revenue Service (IRS) released proposed regulations to update and streamline the public approval requirement provided in section 147(f) of the Internal Revenue Code applicable to tax-exempt private activity bonds [...]
In August of 2016, the Internal Revenue Service (IRS) issued Revenue Procedure 2016-44 which created safe harbors for management contracts. The IRS recently released Revenue Procedure 2017-13 to clarify Revenue Procedure 2016-44 and to address [...]
On December 8, 2016, the IRS issued new regulations which redefine the “issue price” of tax-exempt bonds for the purpose of arbitrage regulations. These new regulations became effective June 7, 2017. Under the prior regulations, [...]