Our Client Alerts are intended to provide occasional general comments on new developments in Federal and State law and regulations which we believe might be of interest to our clients. The Client Alerts should not be considered opinions of Ahlers & Cooney, P.C., and are not intended to provide legal advice. Readers should not under any circumstance act upon the information in this publication without seeking specific professional counsel. Please note that AI tools may not accurately interpret or apply the legal information contained in this alert; reliance on such tools is not a substitute for professional legal advice. Ahlers & Cooney will be pleased to provide additional details regarding any article upon request.
On December 29, 2023, the United States District Court for the Southern District of Iowa granted a preliminary injunction in two pending lawsuits, ruling that portions of Iowa Senate File 496 cannot be implemented or enforced while the lawsuits remain pending. The effect of this ruling, and as explained more...
By Attorney Eric Boehlert Though HF718 extended the budget certification date to April 30 for cities, counties, and school districts, Iowa Code chapter 76 (relating to the imposition of debt service tax levies) has not been amended. This means for cities and counties, the authorizing resolution for a General Obligation...
By Attorneys Conner Wasson and Rachel Fritz In December 2020, Congress passed the Corporate Transparency Act (“CTA”) as part of the National Defense Authorization Act. The purpose of the CTA was to combat money laundering, financing of terrorism, and other illicit activity by creating a federal framework to require the...
By Attorney Elizabeth Burnett House File 718, signed by the Governor on May 4, 2023, (“HF 718”) changes the budgeting process and requires cities and counties to include additional steps in their budget approval process. This client alert provides a detailed list and explanation of the new steps imposed by...
By Attorney Elizabeth Burnett House File 718, signed into law by Governor Reynolds on May 4, 2023, changed available bond election dates for municipalities. General Obligation Bond elections may now only be held one time per year, on the first Tuesday after the first Monday in November. If you are...
By Attorney Jazmine Polk On Thursday, June 29, 2023, the United States Supreme Court majority opinion in Students for Fair Admissions, Inc. v. President and Fellows of Harvard College, overturned affirmative action at colleges and universities, holding that the race-conscious admissions processes at Harvard College (Harvard) and the University of...
By Attorney Elizabeth Burnett On May 4, 2023, Governor Reynolds signed House File 718, a bill aimed at reducing property tax growth in Iowa. There are significant changes to city and county levy limitations and financing. This client alert provides a general overview of certain provisions of the new law....
By Attorneys Beth Grob and Jim Wainwright The Legislature passed House File 718 which the Governor signed on May 4, 2023 (“HF718”). HF718 contains many provisions which affect how school districts conduct business and which also will require advance planning. Some important provisions: General Obligation Bond Elections: General Obligation Bond...
By Attorneys Kristin Cooper and Beth Grob Turmoil in the banking industry continues this week following the collapse of Silicon Valley Bank and Signature Bank, the second and third largest bank failures in U.S. history (1). Headlines swirl about the effect the collapses will have on the municipal bond market,...
