Spotlight on Public Finance: Fall 2019
UPDATES Since our last newsletter, our public finance team has distributed a number of federal securities and tax law updates as well as announcements and attorney commentaries. If you missed them the first time or would like to refresh your memory, we have compiled the most recent of our team’s updates here. Proposed Rules Addressing LIBOR Phase-out Help Ease Reissuance Concerns October 18, 2019 By Victoria N. Ozimek and Brian P. Teaff Webinar: 86th Legislative Session Recap August 14, 2019 By Jonathan K. Frels SLGS Window Reopening; Sequestration Extended Through FY 2029 August 2, 2019 By R. Todd Greenwalt , Victoria N. Ozimek and Brian P. Teaff FY 2020 Sequestration Reduction Rate Set at 5.9% July 15, 2019 By R. Todd Greenwalt , Victoria N. Ozimek and Brian P. Teaff Appellate Court Affirms Decision to Block Medical Merger June 20, 2019 By Daniel E. Hemli and Jacqueline R. Java Is the Opportunity Now a Reality? IRS and Treasury Release Second Tranche of Opportunity Zone Regulations April 30, 2019 By Brian P. Teaff and Lance W. Behnke
DID YOU KNOW?
• Rating agencies are factoring cyber and climate risks into credit analysis for certain issuers. • Nearly two-thirds of all publicly known ransomware attacks in 2019 have targeted state or local governments. • The impact of climate-related risks varies widely, with coastal and southern states hit hardest.
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