BW INSIGHTS

2025 Government Relations Legislative Update - Week Thirteen

By Matthew H. McKinney, R.G. Schwarm & Julie A. Smith | 04.14.2025

Capitol Update Breaking News. This morning, Governor Reynolds shared she will not seek reelection in 2026, citing a desire to spend more time with her family. Click here to watch her full announcement. This Week. The Senate debated Monday-Wednesday passing 30 bills. The House debated on Tuesday passing 8 bills. This is the time of year when a lot... Read More

2025 Government Relations Legislative Update - Week Twelve

By Matthew H. McKinney, R.G. Schwarm & Julie A. Smith | 04.07.2025

Capitol Update The second funnel is here and gone. Neither the House or Senate had floor debate this week, instead concentrating on subcommittees and Committee meetings. Next week (week 13) joint rules require that the Senate considers only House bills, House joint resolutions, and unfinished business and the House considers only Senate bills,... Read More

Protecting Your Construction Contracts from Tariffs and Rising Material Costs

By Zoe S. Ginther | 04.07.2025

On Wednesday, President Trump announced new tariffs on many U.S. imports. Many key construction materials may be affected by the new tariffs as the supply chain shifts as a result of uncertainty in international trade. In the ever-evolving landscape of construction, managing costs effectively is crucial for the success of any project. This rings... Read More

2025 Government Relations Legislative Update - Week Eleven

By Matthew H. McKinney, R.G. Schwarm & Julie A. Smith | 03.31.2025

Capitol Update This Week. The days to the next funnel are dwindling. This week the Senate passed 30 bills on the floor and the House passed 49. Most of those bills will have to be pushed through the Committees on the other side by next Friday, April 4 or they will be ineligible for further consideration this session. New Representative Blaine... Read More

FinCEN Issues Interim Final Rule Effecting Drastic Modifications to CTA

By Brennan Block | 03.24.2025

Consistent with the U.S. Department of the Treasury’s March 2, 2025 press release, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule on March 21, 2025 effecting the removal of the requirement for U.S. companies and U.S. persons to report beneficial owner information (BOI) to FinCEN under the Corporate Transparency Act... Read More

2025 Government Relations Legislative Update - Week Ten

By Matthew H. McKinney, R.G. Schwarm & Julie A. Smith | 03.24.2025

Capitol Update Both the House and Senate debated bills this week with the Senate passing 29 bills and the House passing 54 bills. During week 10, Joint Rule 20 found in House Concurrent Resolution 5, states that the Senate can only consider Senate bills, Senate joint resolutions, and unfinished business and the House can consider only House bills,... Read More

2025 Government Relations Legislative Update - Week Nine

By Matthew H. McKinney, R.G. Schwarm & Julie A. Smith | 03.17.2025

Capitol Update Most of this past week consisted of House and Senate floor debate as there is a push to advance bills from one chamber to the other in order to meet the next funnel deadline (April 4th), particularly bills that are not filed in both Chambers. The House passed 52 bills and the Senate passed 30 bills. This week, five of those bills... Read More

March 13, 2025 REC Summary

By Matthew H. McKinney, R.G. Schwarm & Julie A. Smith | 03.14.2025

The Revenue Estimating Conference (“REC”) met today (3.13.25) as part of their standard schedule of meetings to estimate future state revenues. REC members Kraig Paulsen (Gov.’s Appointee), Jennifer Acton (LSA), and Jeff Plagge (Public Member) serve on the three-member panel. A summary of the information discussed during the meeting is below,... Read More

2025 Government Relations Legislative Update - Week Eight

By Matthew H. McKinney, R.G. Schwarm & Julie A. Smith | 03.10.2025

Capitol Update Week #8 was busy! The first major funnel of 2025 is behind us. There were 165 different subcommittees scheduled between Monday and Thursday. For comparison purposes, last year’s funnel week had 99 subcommittees. Last week (#7) 192 different subcommittees were scheduled. The BW team doesn’t attend ALL of those subcommittees, but does... Read More

2025 Government Relations Legislative Update - Week Seven

By Matthew H. McKinney, R.G. Schwarm & Julie A. Smith | 03.03.2025

Capitol Update The pace quickened this week at the Capitol. The first major funnel deadline is next Friday, March 7, the eighth week of session. March 7th is the date by which Senate bills must be voted out of Senate Committees and House bills must be voted out of House Committees. However, there are certain committees that are not subject to this... Read More