The fourth week of the Legislative Session ends today, and bills are moving through the Florida House and Senate. Gunster’s Government Affairs team is working hard, closely tracking legislation and meeting with legislators to monitor and lobby on behalf of our clients. Below is a weekly update from Gunster’s Government Affairs Consultants with a summary of the week’s top […]
The SEC Adopts SPAC Rules: An IPO by Any Other Name is an IPO…
On January 24, 2024, the SEC adopted final rules to “enhance disclosures and provide additional investor protections” in offerings by SPACs and subsequent de-SPAC transactions. Consistent with the proposals floated by the SEC in March 2022, the final rules generally put de-SPACs and IPOs on the same footing in areas such as the use of […]
Session 2024 Update: Week Three
The third week of the Legislative Session ends today, and bills are moving through the Florida House and Senate. Gunster’s Government Affairs team is working hard, closely tracking legislation and meeting with legislators to monitor and lobby on behalf of our clients. Below is a weekly update from Gunster’s Government Affairs Consultants with a summary of the week’s top […]
U.S. Citizenship and Immigration Services (USCIS) Issues policy guidance in the USCIS Policy Manual to address the nonimmigrant student (F and M) classifications
U.S. Citizenship and Immigration Services (USCIS) recently announced that it is issuing policy guidance in the USCIS Policy Manual to address the nonimmigrant student (F and M) classifications, including USCIS’ role in the adjudication of applications for employment authorization and change or reinstatement of status to F or M classifications. Background The F and M nonimmigrant […]
Session 2024 Update: Week Two
The second week of the Legislative Session ends today, and bills are moving through the Florida House and Senate. Gunster’s Government Affairs team is working hard, closely tracking legislation and meeting with legislators to monitor and lobby on behalf of our clients. Below is a weekly update from Gunster’s Government Affairs Consultants with a summary of the week’s top […]
DOL Reveals New Final Independent Contractor Rule
On January 9, 2024, the Department of Labor (DOL) unveiled its new independent contractor rule, marking a significant development for employers and how they classify a worker as an employee or an independent contractor under the Fair Labor Standards Act (FLSA). The new rule, Employee or Independent Contractor Classification Under the Fair Labor Standards Act, […]
Session 2024 Update: Week One
The Florida Legislature opened the 2024 Session on Tuesday, January 9th. The House and Senate met in a joint session Tuesday morning to receive Governor Ron DeSantis’ message during the annual State of the State Address. Governor Ron DeSantis focused on four key areas in his 2024 State of the State Address. He emphasized the […]
Pre-Session Alert
The Florida legislative session is set to begin on January 9, and there are several key issues to watch. Some of these include: Housing: Proposals have emerged just prior to Session starting to revisit some of the controversial aspects of the “Live Local Act” passed in the 2023 Session. There are also proposals that would alter […]
IRS Announces New Program Allowing Businesses to Avoid Penalties by Repaying Employee Retention Credit Claims at a Discount
The Internal Revenue Service (“IRS”) has announced the launch of a special voluntary disclosure program for businesses that made and received erroneous or ineligible Employee Retention Credit (“ERC”) claims. The program will only be available for a limited time until March 22, 2024. The IRS announced the new voluntary disclosure program in Announcement 2024-3 on […]
California Governor Signs Climate Disclosure Laws
On October 7, 2023, California Governor Gavin Newsom signed two bills — the Climate Corporate Data Accountability Act (SB 253) and the Climate-Related Financial Risk Act (SB 261) — that will require public and private companies “doing business” in California to make climate-related disclosures and to comply with certain financial reporting obligations. As defined, “doing […]
