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OK Legislature funding scheme handcuffs Ethics Commission enforcement

The agency has five staff members and operates on a $688,000 annual budget, less than it did eight years ago. ....

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Oklahoma Legislature takes no action on abortion a year after bans

A year after banning nearly all abortion procedures in the state, Oklahoma lawmakers have yet to update the laws with exceptions and clarity. ....

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New York Greatly Expands the Reach of its New Commercial Loan Disclosure Law | Miles & Stockbridge P.C.

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In March, we reported on a new law enacted in New York at the end of last year, Senate Bill 5470-B that imposes certain Truth-in-Lending Act modeled disclosure obligations on those making or brokering certain commercial loans of $500,000 or less. We also reported on the existing New York Licensed Lenders Law that imposes a licensing obligation to make commercial loans of $50,000 or less with an annual interest rate in excess of 16 percent. We further indicated that we would monitor developments in New York and issue a follow-up Client Alert if there were any changes to the commercial laws in New York. Well, it did not take long for changes to be enacted to the new New York “Commercial Loan Disclosure Law.” Despite Governor Cuomo’s attention being diverted to other matters, the New York legislature amended and Governor Cuomo already signed into law amendments to New York’s “Commercial Loan Disclosure Law.” ....

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