Updates to Regulatory Rules Affecting Schools and Nonprofit Organizations

For more information contact: Kelly R. Sweeney

Event Description

Robinson+Cole is excited to announce our 2019 Education Roundtable Series, which will focus on current legal developments and updates facing higher education institutions and nonprofit organizations. Each event will begin with time to network with colleagues over breakfast, followed by our featured roundtable topics. Our first topic agenda is below, an update on a variety of regulations that educational institutions and nonprofits are facing right now.

We look forward to hearing your voice in the conversation and hope you can join us for one or all our sessions!

~Martin Onorato, Education Chair 
 
AMENDMENTS TO TITLE IX REGULATIONS 

Kathleen E. Dion


The Department of Education issued a Notice of Proposed Rulemaking for new Title IX Regulations on November 29, 2018, with a comment period to run through January 28, 2019. Kate Dion will identify takeaways and lead a roundtable discussion of issues institutions should consider in preparation for the issuance of the final regulations.
 
AMENDMENTS TO RULE 15c2-12 REQUIRE ADDITIONAL DISCLOSURES

David M. Panico


Amendments to Rule 15c2-12 of the Securities and Exchange Commission that will take effect on February 27, 2019, and will require borrowers of 501(c)(3) bonds to disclose (i) the incurrence of material financial obligations, (ii) agreements to covenants, events of default, remedies, priority rights, or similar terms of a financial obligations; any of which can affect security holders, if material; and (iii) defaults, events of acceleration, termination events, modification of terms, or similar events under the terms of financial obligation, any of which reflect financial difficulties. Dave Panico will elaborate on these amendments and will lead a discussion of the potential impact on nonprofits with outstanding tax-exempt bonds.
 
FEDERAL TAX UPDATE FOR EXEMPT ORGANIZATIONS: DEVELOPMENTS WITH THE TAX CUTS AND JOBS ACT

Alisha N. Sullivan
 
The Tax Cuts and Jobs Act of 2017 represented the most widespread change to the Internal Revenue Code since 1986. Alisha will give an update on what the Treasury Department and the IRS have done to implement the changes to the Code affecting exempt organizations. She will lead a discussion of interim guidance to the new excise tax on executive compensation. Where interim guidance has not yet been issued, she'll share implementation strategies currently utilized by exempt organizations as the tax-exempt sector awaits further guidance.


*CLE credit will be offered in Connecticut, New York, and Rhode Island

LOCATION

Robinson+Cole Hartford office, 280 Trumbull Street, Hartford, CT 06103

START TIME

03/14/2019 8:15 AM

END TIME

03/14/2019 10:30 AM