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New York Budget Amends the State’s Climate Leadership and Community Protection Act
New York State's 2026 Enacted Budget introduces significant amendments to the Climate Leadership and Community Protection Act, adjusting greenhouse gas emission reduction timelines, changing accounting methodologies, and extending regulatory deadlines. These revisions will reshape how the state measures climate progress and implements environmental permitting decisions, potentially affecting projects that were previously denied or remain pending approval.
United States Environment
GT
Greenberg Traurig, LLP
Article
FinCEN Issues Updated FAQs Following Vacatur of Residential Real Estate Reporting Rule
A federal court in Texas has vacated FinCEN's Residential Real Estate Reporting Rule, suspending enforcement and eliminating current reporting obligations for title companies and closing agents. FinCEN has issued updated guidance confirming no liability for non-filing during the vacatur period, though the agency has appealed the decision and the rule may be reinstated pending Fifth Circuit review.
United States Government
GT
Greenberg Traurig, LLP
Article
New York Appellate Court Upholds Workaround to Federal Preemption on State Sales Tax
Can states impose income taxes on out-of-state corporations that engage in online customer support activities like email assistance and chat services? A recent New York appellate court decision upholds state regulations that challenge the boundaries of a 1959 federal law designed to protect remote sellers from state taxation, potentially reshaping how e-commerce companies face tax liability across multiple jurisdictions.
United States Tax
GT
Greenberg Traurig, LLP
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