BW INSIGHTS

2021 Iowa Legislative Session - Week 10 Summary

By BrownWinick | 03.19.2021
Following a surprise move by Democrats, the Senate unanimously passed a bill that would gradually eliminate Iowa’s inheritance tax and remove the required revenue benchmarks the state must reach before 2018 tax cuts take effect. Although Democrats initially opposed SF 576 in committee, they supported the measure on the floor, which passed 46-0... Read More

2021 Iowa Legislative Session – Week Nine Summary

By BrownWinick | 03.13.2021
Lawmakers are shifting their focus toward floor debate following last Friday's procedural deadline for most committee work. That includes the House overwhelmingly passing two bills aimed at increasing child care access across the state. HF 712 would offer developers tax credits for building child care facilities. Sixty percent of the funds would... Read More

2021 Iowa Legislative Session - Week Eight Summary

By BrownWinick | 03.08.2021
Lawmakers raced to advance dozens of bills in an effort to beat last Friday’s “first funnel” procedural deadline. Most bills that didn’t pass both subcommittee and full committee in either the House or Senate by March 5 are now “dead” for the remainder of this legislative session. The main exceptions are bills dealing with taxes, spending, and... Read More

Hart-Scott-Rodino Notification Thresholds Lowered for 2021

By BrownWinick | 03.03.2021
On February 1, 2021, the Federal Trade Commission (“FTC”) announced the new 2021 Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR”) notification thresholds. The FTC is required to annually update the HSR thresholds based on the change in gross national product. The new thresholds were published in the Federal Register on February 2,... Read More

2021 Iowa Legislative Session - Week Seven Summary

By BrownWinick | 02.26.2021
Schools will receive a 2.4% funding increase under a bill Governor Kim Reynolds signed into law Tuesday. House and Senate Republicans reached a compromise on the spending measure earlier this month. Reynolds and the House had supported a 2.5% increase, while the Senate GOP favored a 2.2% hike. Although the funding levels in SF 269 are... Read More

2021 Iowa Legislative Session - Week Six Summary

By BrownWinick | 02.19.2021
As states across the country struggled with frigid temperatures that strained power grids, Governor Kim Reynolds signed a disaster emergency proclamation designed to protect Iowa’s heating fuel supply chain. On Monday, she temporarily suspended regulations limiting crew and driver hours of service for those hauling diesel, natural gas, propane,... Read More

Celebrating Black History Month 2021

By BrownWinick | 02.15.2021
As many are aware, the month of February serves as Black History Month. This annual celebration, also known as African American History Month, observes the achievements of African Americans and recognizes their central role in our country’s history. Since 1976, every United States president has officially designated the month of February as Black... Read More

2021 Iowa Legislative Session - Week Five Summary

By BrownWinick | 02.12.2021
House and Senate Republicans have reached an agreement on school funding, which the House passed Thursday. Under SF 269 K-12 funding would increase by 2.4% for the 2021-22 school year. That’s higher than the Senate’s proposed 2.2% and slightly lower than the 2.5% favored by Governor Kim Reynolds and House Republicans. It’s also a greater... Read More

The Era of Third-Party Administrators in the Life Insurance Industry

By BrownWinick | 02.12.2021
The TPA Model (“Model 90”) originally adopted in 1977, amended in 1991, 1999, 2001, and 2011 is the only regulation governing the use of third-party administrators, (“TPAs”) by insurance companies. Historically, health and workers compensation insurers utilized TPAs to assist in the administration of their policies. During the Great Recession,... Read More

    Filter

      Subscribe Now