BW INSIGHTS

2019 Legislative Session - Week 10

Governor Kim Reynolds has shifted her focus toward disaster relief following catastrophic floods across Iowa. Yesterday, she requested that President Donald Trump issue an expedited Presidential Major Disaster Declaration for 57 counties. That move would immediately free up federal recovery resources, including FEMA funding. So far, the floods... Read More

March 2019 REC Summary

The Revenue Estimating Conference ("REC") met yesterday morning (3/15/19) in Des Moines. A short summary of the information discussed during the meeting is below, along with the below spreadsheet handed out during the meeting that contains more detailed information. In short, the report from yesterday shows that revenues for the existing fiscal... Read More

2019 Legislative Session - Week 9

Iowa’s budget forecast remains relatively stable, although the state will bring in slightly less revenue than anticipated. That’s according to numbers released today by the Revenue Estimating Conference (REC). The expert panel projected the state will rake in $7.84 billion for the fiscal year beginning July 1. That’s roughly $20 million less than... Read More

Checklist for Forming an Iowa LLC

If you have decided that forming an LLC is the right choice for your business, trying to figure out what exactly must be done can be a confusing process. The list below serves as a general checklist for forming an Iowa LLC. Step 1: Filing the Certificate of Organization The first step in forming the LLC is filing a Certificate of Organization with... Read More

DOL Proposes New $35,308 Salary Threshold for Overtime Exemption

Today, the U.S. Department of Labor announced a Notice of Proposed Rulemaking, (again) proposing a hike to the salary threshold requirement under certain exemptions from the Fair Labor Standards Act (FLSA). In short, the DOL says the change "would make more than a million more American workers eligible for overtime." The proposal seeks to... Read More

2019 Legislative Session - Week 8

Lawmakers raced bills through the committee process this week as Friday’s funnel deadline approached. Most legislation that hasn’t passed subcommittee and full committee in the House or Senate by now is officially “dead” for the 2019 session. Some measures are exempt from funnel—generally those dealing with government oversight, taxes and... Read More

2019 Legislative Session - Week 7

Senate Republicans released their budget targets this week for the fiscal year beginning in July. Their total spending, about $7.62 billion, is roughly $50 million less than that proposed by the House GOP. The Senate version includes more spending for administration and regulation, and for economic development. As usual, one of the largest... Read More

2019 Legislative Session - Week 6

House Republicans introduced their FY20 budget targets Tuesday (set out below), which call for slightly more spending than Governor Kim Reynolds proposed. Under the House plan, Standing Appropriations (or “Standings”) would receive the most funding, $3.86 billion. The Standings bill is typically the last piece of legislation passed each session,... Read More

2019 Legislative Session - Week 5

A surprise Senate resignation capped-off the fifth week of legislative session. Sen. Jeff Danielson (D-Cedar Falls) stepped down from his seat Thursday, effective immediately. He simultaneously quit his position with the Cedar Falls Fire Department, where he has served for 25 years. In an interview with KWWL, a local TV station, Danielson said his... Read More

New Rules for ARNPs from the Iowa Board of Nursing

Advanced registered nurse practitioners (“ARNPs”) will soon have new Iowa Board of Nursing (“the Board”) rules to comply with. The rules, ARC 4132C, have been adopted by the Board; however, they are currently undergoing the rulemaking process and are not yet finalized. ARC 4132C will replace the current rules found at 655 Iowa Administrative Code... Read More