BW INSIGHTS

DOL Proposes Updates to Regular Rate Under FLSA

On March 28, 2019, the U.S. Department of Labor (DOL) announced another proposed rule to update regulations under the Fair Labor Standards Act (FLSA). The proposed rule would amend 29 CFR part 778 to revise the “regular rate” requirements under section 7(e) of the FLSA, 29 U.S.C. § 207(e). Under the default rule for calculating required overtime... Read More

2019 Legislative Session - Week 11

A vast majority of the Iowa House advanced a key piece of of the governor’s agenda this week. Under HJR 14, the state constitution would be amended to restore felons’ voting rights after they complete their sentences. Governor Kim Reynolds made the issue a centerpiece of her agenda this year, proposing the amendment in her January Condition of the... Read More

UnitedHealthcare Withdraws as MCO

UnitedHealthcare provided notice today (Friday, March 29, 2019) that it is withdrawing from the Iowa MCO program. Please see the Iowa Department of Human Services press release link below for additional detail. https://content.govdelivery.com/accounts/IACIO/bulletins/23a4114 Read More

2019 Legislative Session - Week 10

Governor Kim Reynolds has shifted her focus toward disaster relief following catastrophic floods across Iowa. Yesterday, she requested that President Donald Trump issue an expedited Presidential Major Disaster Declaration for 57 counties. That move would immediately free up federal recovery resources, including FEMA funding. So far, the floods... Read More

March 2019 REC Summary

The Revenue Estimating Conference ("REC") met yesterday morning (3/15/19) in Des Moines. A short summary of the information discussed during the meeting is below, along with the below spreadsheet handed out during the meeting that contains more detailed information. In short, the report from yesterday shows that revenues for the existing fiscal... Read More

2019 Legislative Session - Week 9

Iowa’s budget forecast remains relatively stable, although the state will bring in slightly less revenue than anticipated. That’s according to numbers released today by the Revenue Estimating Conference (REC). The expert panel projected the state will rake in $7.84 billion for the fiscal year beginning July 1. That’s roughly $20 million less than... Read More

Checklist for Forming an Iowa LLC

If you have decided that forming an LLC is the right choice for your business, trying to figure out what exactly must be done can be a confusing process. The list below serves as a general checklist for forming an Iowa LLC. Step 1: Filing the Certificate of Organization The first step in forming the LLC is filing a Certificate of Organization with... Read More

DOL Proposes New $35,308 Salary Threshold for Overtime Exemption

Today, the U.S. Department of Labor announced a Notice of Proposed Rulemaking, (again) proposing a hike to the salary threshold requirement under certain exemptions from the Fair Labor Standards Act (FLSA). In short, the DOL says the change "would make more than a million more American workers eligible for overtime." The proposal seeks to... Read More

2019 Legislative Session - Week 8

Lawmakers raced bills through the committee process this week as Friday’s funnel deadline approached. Most legislation that hasn’t passed subcommittee and full committee in the House or Senate by now is officially “dead” for the 2019 session. Some measures are exempt from funnel—generally those dealing with government oversight, taxes and... Read More

2019 Legislative Session - Week 7

Senate Republicans released their budget targets this week for the fiscal year beginning in July. Their total spending, about $7.62 billion, is roughly $50 million less than that proposed by the House GOP. The Senate version includes more spending for administration and regulation, and for economic development. As usual, one of the largest... Read More