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End of Illinois Spring Legislative Session Results in Several Important Tax Changes

June 3, 2021 Share Over Memorial Day weekend, the Illinois General Assembly concluded its spring legislative session by passing a flurry of bills that have been sent to the desk of Gov. J.B. Pritzker for signature. Several of them, including Senate Bill 2017 (2022 Budget Bill) and Senate Bill 2531 (Pass-Through Entity Level Tax Bill), make important tax changes that significantly affect Illinois businesses and their owners. A summary of the most impactful tax-related provisions from the 2022 Bu...
United States Over Memorial Day Illinois General Assembly Senate Bill Pass Through Entity Level Tax Bill Sidley Update
Source: sidley.com

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East Coast Meets West Coast: Enter the Virginia Consumer Data Protection Act

March 5, 2021 Share For over two and a half years, California has enjoyed the spotlight of having the most comprehensive data privacy law in the United States. On March 2, 2021, Virginia forced California to share the honors, when Democratic Gov. Ralph Northam signed into law the Virginia Consumer Data Protection Act (VCDPA). The VCDPA, which will not enter into effect until January 1, 2023, borrows heavily from the California Consumer Privacy Act (CCPA) and the European Union (EU) General Dat...
United States Health Information Technology For Economic International Association Of Privacy Professionals Health Insurance Portability Clinical Health Sidley Update
Source: sidley.com

Congress Rings in the New Year With Substantial Changes to Anti-Money Laundering Laws

Securities Enforcement and Regulatory Update Congress Rings in the New Year With Substantial Changes to Anti-Money Laundering Laws January 5, 2021 Share The new year rings in the most significant changes in U.S. anti-money laundering (AML) law since the enactment of the USA PATRIOT Act and its implementing regulations in 2001. 1 The National Defense Authorization Act (NDAA) for fiscal year 2021, highlighted in the press for Congress’ override of a veto by the President of the United States,...
United States Sidley Secreg Fincen Authority To Institute Whistleblower Program Treasury Department National Defense Authorization Act
Source: sidley.com

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