White House and Treasury Announce Fundamental Change to Tax Rulemaking

  • 13 April 2018
  • Author: Aindriu Colgan
  • Number of views: 461
  • 0 Comments

After months of trading punches Director Mick Mulvaney of the White House’s Office of Management and Budget (OMB) and Treasury Secretary Steven Mnuchin released a memorandum of agreement (MOA) that creates a new framework for writing, reviewing, and implementing tax regulations.  In short, the MOA requires OMB’s Office of Information and Regulatory Affairs (OIRA) to review major tax regulations—just as it does major rulemakings from any other executive branch agency.  This is a fundamental change from a 1983 agreement, under which Treasury had hitherto operated, that exempted most tax regulations from review.

W&M Reports Suite of IRS Reform Bills

  • 13 April 2018
  • Author: Aindriu Colgan
  • Number of views: 359
  • 0 Comments
On Wednesday, the House Ways and Means Committee marked up and unanimously reported 12 bills to reform the IRS. The bipartisan packaged was sponsored by Oversight Subcommittee Chairman Lynn Jenkins (R-KS) and Ranking Member John Lewis (D-GA) and is designed to modernize the IRS and improve customer service. The package requires the IRS to send Congress by September 30, 2020 a comprehensive written plan for reorganizing the agency, including priorities laid out by lawmakers.

IRS Rules Prepaid Property Taxes May Still Be Deductible on 2017 Returns

  • 11 April 2018
  • Author: Aindriu Colgan
  • Number of views: 336
  • 0 Comments
The IRS ruled that taxpayers who prepaid their 2018 property taxes may still be able to deduct the entire amount from their 2017 federal taxes without regard to the $10,000 limit imposed by the Tax Cut and Jobs Act.

Increased Costs of Municipal Financing

Unintended Consequences of the Tax Cuts and Jobs Act

As you know, both corporate and individual tax rates were reduced in last year’s Tax Cuts and Jobs Act. Lower tax rates make tax-exempt vehicles like municipal bonds less attractive to both corporate and individual investors; with lower tax rates, they have less incentive to look for tax-exempt investments. Reduced demand for municipal bonds and other tax-exempt investment vehicles like private activity bonds (PABs) means that cities will have to increase the interest rates on new bond issues in order to attract investors.

Update on Municipal Bonds

HQLA; Tax Exempt Munis May Still Be At Risk

  • 23 March 2018
  • Author: Aindriu Colgan
  • Number of views: 385
  • 0 Comments
With the omnibus having been passed by Congress, substantive legislative work will wind down until after the elections in November. There are, however, a few outstanding tax/financial issues to note.
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Grant Due: FY 2024 Vehicle Technologies Office Batteries Funding

FY 2024 Vehicle Technologies Office Batteries Funding

WHAT DOES IT FUND? This program advances research, development, demonstration, and deployment (RD&D) in several areas critical to achieving net-zero greenhouse gas (GHG) emissions by 2050, including: development of innovative battery chemistries and component materials, reduction of cascading battery fires, and battery electrode, cell, and pack manufacturing cost reduction. Click here for more information.

WHO'S ELIGIBLE? State and local governments, nonprofits, for-profits, institutions of higher education, and Indian Tribes 

TOTAL FUNDING AMOUNT? $42.9 million

WHEN'S IT DUE? October 30, 2024 (Full Application) 

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Grant Due: FY 2024 Healthy Communities Grant Program (Region 1, New England)

FY 2024 Healthy Communities Grant Program (Region 1, New England)

WHAT DOES IT FUND? The purpose of this program is to fund direct work with communities to reduce environmental risks, protect and improve human health and improve quality of life. Click here for more information.

WHO'S ELIGIBLE? State and local governments, nonprofits, federally recognized Indian Tribal governments, K-12 schools or school districts, all which do not need to be within EPA Region 1 but must propose projects within that area

TOTAL FUNDING AMOUNT? $500,000

WHEN'S IT DUE? November 1, 2024

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Grant Due: FY 2024 Offshore Wind National and Regional Research and Development

FY 2024 Offshore Wind National and Regional Research and Development

WHAT DOES IT FUND? The purpose of this program is to apply basic research, education/outreach, and feasibility study activities to be funded under this program will support the government-wide approach to the climate crisis by driving the innovation that can lead to the deployment of clean energy technologies. Click here for more information.

WHO'S ELIGIBLE? State and local governments, institutions of higher education, nonprofits, forprofit entities, and federally recognized Indian Tribes 

TOTAL FUNDING AMOUNT? $48.6 million

WHEN'S IT DUE? November 7, 2024 (Full Applications)

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Grant Due: FY 2025 Service Area Competition (Third Solicitation)

FY 2025 Service Area Competition (Third Solicitation)

WHAT DOES IT FUND? This program ensures continuity of care in the communities and populations currently served by the Health Center Program. Click here for more information.

WHO'S ELIGIBLE? Special district governments, city or township governments, state governments, county governments, Native American tribal governments and organizations, urban Indian organizations, nonprofit organizations, and independent school districts

TOTAL FUNDING AMOUNT? $244.4 million

WHEN'S IT DUE? November 14, 2024 (EHBs)

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Grant Due: FY 2024 Continuum of Care (CoC) Builds

FY 2024 Continuum of Care (CoC) Builds

WHAT DOES IT FUND? The purpose of this program is to target efforts within Continuum of Care (CoC) geographic areas to address and reduce persons experiencing homelessness by adding new units of permanent supportive housing (PSH) through new construction, acquisition, or rehabilitation through one-time awards under this program. Click here for more information.

WHO'S ELIGIBLE? State governments, county governments, city or township governments, special district governments, federally recognized Native American tribal governments, public housing authorities (PHAs)/Indian housing authorities, Native American tribal organizations (other than federally recognized tribal governments), and nonprofits having a 501(c)(3) status with the IRS, other than institutions of higher education, and faith-based organizations

TOTAL FUNDING AMOUNT? $175 million

WHEN'S IT DUE? November 21, 2024

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US Congressional Calendar

TFG Elevates Lane Dickson to Partner
Alex Yiannoutsos
/ Categories: News, News & Alerts

TFG Elevates Lane Dickson to Partner

Lane brings nearly 20 years of advocacy experience to TFG’s leadership.

WASHINGTON, D.C. – TFG is pleased to announce the promotion of Lane Dickson to Partner. Since joining TFG as a Principal in 2021, Lane has been instrumental in developing and executing comprehensive advocacy strategies for clients before Congress and federal agencies.

“Lane's promotion to Partner is a testament to his exceptional leadership and dedication since joining TFG. His vast experience in water, power, natural resources, and municipal finance has been invaluable in developing effective policy solutions and advocacy strategies for our clients,” said Mark Limbaugh, TFG President. “Lane's ability to navigate complex legislative environments and build consensus among diverse stakeholders makes him an outstanding addition to our leadership team. We are confident his continued contributions will drive TFG’s strategic vision and operational success.”

Lane brings nearly 20 years of extensive experience in Washington, D.C. His work includes significant contributions to water resources and energy legislation, such as the John D. Dingell, Jr. Conservation, Management, and Recreation Act, the Colorado River Drought Contingency Plan Authorization Act, the Water Supply Infrastructure Rehabilitation and Utilization Act, and the Energy Act of 2020.

Lane has served in several prominent roles including Senior Professional Staff on the U.S. Senate Committee on Energy and Natural Resources and as a Senior Manager of Federal Affairs at the Salt River Project. Lane’s background also includes serving as a Special Assistant for Congressional and Legislative Affairs at the U.S. Department of the Interior, Bureau of Reclamation, and as Clerk for the U.S. House of Representatives Committee on Resources, Subcommittee on Water & Power. His educational background includes a B.S. in Soil and Water Science from the University of California, Davis, and an MBA from George Mason University.

Partners at TFG are the driving force behind major decision-making processes, instrumental in resource allocation, and lead investments in innovation to ensure sustainable growth. Beyond these duties, partners are mentors, nurturing a healthy work culture and inspiring excellence in the entire TFG team at all levels.

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Latest TFG News

Kristen H. Long Promoted to Grants Principal at TFG 24 July 2024

Kristen H. Long Promoted to Grants Principal at TFG

TFG strengthens leadership team amidst explosive growth in grants division.

COLUMBIA, S.C. – The TFG Grants Division is pleased to announce the promotion of Kristen H. Long to Grants Principal. Kristen has been an integral part of the TFG Grants Division since 2022.

Meet a Team Member

Brittani Robinson

Brittani Robinson

Senior Grants Specialist

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