Beginning January 1, 2014, California has replaced the Enterprise Zone Hiring Credit with the New Employment Credit and the California Competes Credit, each of which may be used to offset the Personal Income Tax and Corporation Tax. For more information, today, Pillsbury attorneys, Jeffrey M. Vesely, Paul Casas and Annie…
For taxable years beginning on and after January 1, 2014 and before January 1, 2025, the California Competes Tax Credit will be allowed against the net tax in the amount allocated by the California Competes Tax Credit Committee. A taxpayer must enter into a written agreement with the Governor’s Office…
UPDATE: CSLB, New C-22 Asbestos Classification Update; CSLB, Proposed New C-22 Asbestos Classification in the Works (Apr. 2, 2014) The California Contractors State License Board (CSLB) recently posted notice of a proposal to add to its regulations located at Title 16, Division 8, Article 3 of the California Code of…
On February 6, 2014, Pillsbury attorneys Riaz A. Karamali and Didi S. Chow posted their advisory titled California’s New LLC Law: Next Steps for California LLCs. The advisory discusses the California Revised Uniform Limited Liability Company Act (New Act), which supersedes the California’s Beverly-Killea Limited Liability Company Act (Old Act),…
On January 29, 2014, The Observer, a student-run, daily print and online newspaper serving Notre Dame and St. Mary’s, reported that Notre Dame “is hoping to begin massive construction of Notre Dame Stadium after the conclusion of the 2014 football season,” after interviewing University President Rev. John I. Jenkins, C.S.C.…
On January 17, 2014, the California Contractors State License Board issued Industry Bulletin – 1/17/2014 clarifying that the new law effective January 1, 2014 (Senate Bill 407) requiring replacement of plumbing fixtures with water-conserving models is not triggered by property “maintenance” or “repairs.” The new law requires anyone applying for…
A recent report by the California Department of Industrial Relations (DIR) that the State of California does not collect between $800 million and $1.2 billion as a result of the “underground economy” could be a catalyst to the State increasing its efforts to combat what is commonly referred to as…
Employers often would prefer an arbitral forum for employee-related disputes because they are perceived as a venue that typically delivers a fair, efficient and cost-effective resolution for such disputes. Employment agreements that require arbitration of claims on an individual basis, including Fair Labor Standards Act (FLSA) claims, have been subject…
On January 16, 2014, Pillsbury attorney John E. Jensen published his alert titled Affiliates of Indicted Contractor May Face Longer Suspension, which discusses the U.S. Court of Appeals for the Eleventh Circuit decision in Agility Defense & Government Services, Inc. v. United States Department of Defense, No. 13-10757, 2013 WL…
On January 8, 2014, Pillsbury attorneys Jeffrey A. Knight and Alina J. Fortson, and Joseph Ferranti, Environmental Division Director of InDepth Corporation, published their alert titled Be Careful What You Look For: EPA Updates “All Appropriate Inquiries” Environmental Diligence Standard. The alert discusses the EPA’s recent amendment of its “All…