HSB Blog
House Bill 4087 Revamps Tax Credits for Business Growth and Sustainability
July 03, 2024
By: Will Johnson and Dennard Small (2024 Summer Law Clerk, 2L at University of South Carolina School of Law)House Bill 4087* (H.4087) advances income tax credits for corporate headquarters, recycling facilities, job development and retraining by amending the South Carolina Code of Laws to update portions of the South Carolina Income Tax Act and the Enterprise Zone Act of 1995.
Abandoned Buildings Revitalization Tax Credits Extended through 2035
June 21, 2024
By: Will Johnson and Drew Turner (2024 Summer Law Clerk, 1L at University of South Carolina School of Law)S.C. Department of Revenue (“SCDOR”) Information Letter #24-6 addresses recent amendments to the South Carolina Abandoned Buildings Revitalization Act (the “Act”).
HSB Webinar Announcement: Mid-Year Legislative Update
June 05, 2024
Click here to view a recording of this complimentary webinar presented by HSB's Employment Law team.Green Energy Manufacturing Boost: Navigating the 48C Credit Application Process
May 28, 2024
The Qualifying Advanced Energy Project Credit (48C) was created by the American Recovery and Reinvestment Act of 2009 to focus on green energy manufacturing and has been brought back with the Inflation Reduction Act (IRA). Under the IRA, the program was allocated $10B to invest in green energy manufacturing projects. Round 1 ended its application period in December 2023, and $4B in allocation awards were provided to recipients in April 2024. The Round 2 application period will open at the end of May 2024 with $6B available to allocate in a competitive application process.
HSB Webinar Announcement: A Grief Journey Towards Recovery
May 03, 2024
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Click here to view a recording of this complimentary webinar hosted by HSB's Employment Law team.May is Mental Health Awareness Month. HSB is honored to have Dennis Gillan as our guest speaker for the Employment Law Webinar series on May 23, 12-1 PM.
And So It Begins: EPA adds PFOS and PFOA to CERCLA list of Hazardous Substances
April 26, 2024
On Friday, April 19, 2024, the U.S. Environmental Protection Agency (EPA) added two of the 12,000+ PFAS to the CERCLA list of hazardous substances. CERCLA is commonly known as the superfund law and was passed in 1980 to allow EPA and state agencies to seek cleanup costs for releases of hazardous substances into the environment. CERCLA can impose broad liability on potentially responsible parties and is used by EPA and state agencies to force such entities to respond and remediate to releases of hazardous substances.FTC Finalizes Rule Banning Non-Compete Clauses
April 24, 2024
Yesterday, April 23, 2024, the Federal Trade Commission issued a much anticipated final rule banning non-compete agreements. The final rule, which is effective August 21, 2024, prohibits any person (including business entities) from entering into or attempting to enter into a “non-compete clause.”DOL Raises Salary Thresholds for Exempt Workers
April 23, 2024
The U.S. Department of Labor (“DOL”) has announced increases for the salary thresholds for exempt workers under the Fair Labor Standards Act (“FLSA”).EEOC Finalizes Pregnancy Workers Fairness Act
April 18, 2024
The EEOC issued its Final Rule and Interpretive Guidance implementing the Pregnancy Workers Fairness Act (PWFA) on Monday, April 15, 2024. The Rule becomes effective sixty days after it is published in the Title 29 of the Code of Federal Regulations, Appendix A to part 1636.Love is Blind.
April 12, 2024
It’s not often I get to title an employment law update “Love is Blind,” but a recent ruling presents an opportunity to remind employers arbitration provisions in employment agreements are not enforceable when an employment dispute turned litigation pertains directly or indirectly to sex harassment.