With an eye toward creating a domestic alternative to offshore reinsurance affiliates, the Vermont Legislature recently passed legislation establishing a new type of captive, an affiliated reinsurance company (“ARC”), effective July 1, 2018.
Changes to Partnership Audit Rules Warrant Changes to Existing Partnership, LLC Agreements, and Estate Planning Documents for LLCs taxed as Partnerships.
Vermont recently joined a growing number of states that have legalized the recreational use of marijuana. Vermont’s law, among other things, eliminates penalties for possession of one ounce or less of marijuana and two mature and four immature marijuana plants for a person who is 21 years of age or older.
Vermont employers take note: New legislation (H.294) signed into law by Governor Scott on May 11, 2018, will prohibit employers from making inquiries into a job applicant’s salary history.
After eight years serving on the Vermont Labor Relations Board (“VLRB”) (three as Chair), I stepped down last year to expand our Firm’s ability to advise clients on labor issues, and to represent them before the Board.