INSIDE COMPLIANCE – Page 50 – Loyola University Chicago School of Law

What the Proposed Illinois Workers Rights Amendment Means for Your Company

November 3, 2022Uncategorized

November 8, 2022 marks the day Illinois constituents vote for midterm elections. That is if they have not already sent in early ballots. On the ballot this year, voters will see a proposed amendment that would add a new section to the Bill of Rights Article of the Illinois Constitution that would guarantee workers the fundamental right to organize and bargain collectively, and negotiate wages, hours, and working conditions. This post breaks down this new amendment, looks at the greater political debate, and analyzes how it affects Illinois businesses.

complianceElectionsEmploymentamendmentbusinessmidtermsIllinois

Department of Education Reinforces Protections Under Title IX

October 20, 2022Compliance Spotlight

It has been more than 100 days since the overturning of Roe v. Wade. In the wake of this decision, on October 4, the Biden administration reinforced guidelines regarding legal protections related to abortion and pregnancy under Title IX.

complianceEducationTitle IXRegulation

Changing Sentiment Surrounding NCAA Regulation

January 2, 2018Athletic Regulation

NCAA regulation is highly restrictive of the compensation of amateur athletes. Recent class actions have challenged the equity of such policies in light of the high levels of revenue generated by the organization and schools. Challenges to NCAA regulation may provide student-athletes greater ability to negotiate their compensation and to make money independently.

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Self-Driving Cars: The “Cars of the Future” Impacted by Regulatory Restrictions

November 9, 2017Uncategorized

On Friday, October 28, 2017, the National Highway Traffic-Safety Administration (“NHTSA”) announced they are striving to deregulate strict regulations currently slowing production on self-driving cars. NHTSA is seeking to deregulate in an attempt to increase the production and deployment of driverless cars. In the Rulemaking Report released by the Department of Transportation (“DOT”), NHTSA seeks comments to “identify any unnecessary regulatory barriers to Automated Safety Technologies, and for the testing and compliance certification of motor vehicles with unconventional automated vehicles designs, especially those equipped with controls instead of a human driver.”

deregulationDoTdrivingcarsASTautomated safety technologiesNational Transportation Safety BoardNHTSAtechnologyTransportationself-driving car

How To Keep Your Government Accountable

November 9, 2017Uncategorized

On October 26, 2017, the United States government released files relating to the assassination of President John F. Kennedy and the investigation that followed. The majority of the documents generated by the investigation – about 88% of all FBI, CIA, and other agencies’ files – have been available for years, but the rest of the documents were due to be released this year. On the recommendation of the investigatory agencies, President Trump decided to keep some of this remaining information redacted due to “national security, law enforcement, and foreign affairs concerns.” Speculation as to the contents of these documents and the reasons for redacting secure information have renewed a continuing discussion about what information the public should be privy to and how this information can be accessed.

JFKFOIAfreedom of informationinformationTrump AdministrationprivacyRegulation

Handling a Data Breach: Equifax v Google

November 7, 2017Uncategorized

Google answered Amazon’s Echo Dot by recently launching their own pint-sized smart speaker, the Google Home Mini. Recently, Google was forced to disable one of the features on the Home Mini after it was discovered that a technical glitch led to near 24/7 audio recording. Google responded quickly and appropriately, investigating the cause and quickly releasing an update to disable the hardware responsible for the glitch. The Equifax hack – a breach of personal data including social security numbers, driver’s license information, and other credit details – exposed nearly half the country and waited months to respond. Upcoming European legislation that can significantly impact American companies with European Union clients may be part of the reason for their drastically different responses.

echoEquifaxDoTamazonbreachIoTinternet of thingsmonitoringGDPRgooglehome miniPrivacy & Securityprivacysecurity

An Overview of Illinois Public Act 100-0538 Compliance with the Hyde Amendment

November 7, 2017Uncategorized

Illinois Public Act 100-0538, commonly referred to as House Bill 40, was signed into law on September 28, 2017. The Act repeals provisions in existing Illinois laws that aim to make abortion illegal should there be any change to the federal standard. Additionally, the Act lifts a ban on insurance coverage for abortions for low-income individuals enrolled in Medicaid. While enacting House Bill 40 was a win for advocates of reproductive rights in Illinois, the state will still need to comply with federal anti-abortion laws, such as the Hyde Amendment.

complianceabortion accessMedicaidIllinoisHyde AmendmentHouse Bill 40InsuranceIllinois Public Act 538HB40Health InsurancePublic Act 100-0538public healthpolicyRoe v. Wade

Challenges and Opportunities in Regulating Cryptocurrency

November 2, 2017Finance & Banking

Many nations are increasingly attempting to regulate Bitcoin and other forms of cryptocurrency. Increased regulation could help legitimize the currency, but uncertainties about what regulation lies ahead threatens the value of the currencies. A main driver of the increased value of cryptocurrencies is the potential for increased usage in markets globally and greater integration of them into our economy. Regulation may be essential to successfully enabling such integration, because with instability in trade and valuation of the currency it is hard for consumers to know whether they should be spending the currency, or if it will dramatically change in value over the course of a short time period.

data privacyencryptionanti-money launderingInternal Revenue Serviceinternational complianceinternational taxmoney launderingfinancial regulationfinancesecurities regulationSEC

The EPA’s Smart Sectors Program

November 2, 2017Uncategorized

In October 2017, the Environmental Protection Agency (“EPA”) launched the Smart Sectors Program, a program that creates a collaborative partnership between the EPA and regulated sectors such as the automotive, agriculture, and mining industries. The program provides a platform for the EPA and regulated sectors to collectively develop approaches to protect the environment, public health, and the economy.

complianceEPAEnvironmental Protection AgencyEnergySmart Sectors Program

IRS Suspends Automated Substitute for Return (ASFR) Program

November 2, 2017The Art of Compliance

The IRS suspended its Automatic Substitute for Return (ASFR) Program for lack of resources, Tax Analysts and others report. The ASFR program has long provided an avenue for the IRS to assess taxes on delinquent filers after requests to file returns were ignored by having its computer system automatically calculate the tax due based on Forms 1099 and other information reports that had been filed with the IRS. The IRS could then assess the taxes and attempt to collect based on these substitute returns. However, since deductions were ignored, the tax amounts tended to be inflated, sometimes incredibly so, and significant IRS time was required to respond to contested assessments and collection efforts that were sometimes highly unrealistic.

collectionsenforcementautomating complianceautomaticautomated enforcementIRStax enforcementtax debttax compliancetax assessmenttaxtax lawRegulation