BLX

FORM ADV
BLX Post-Issuance Compliance Workshop, November 9-10, 2017 at the Vdara Hotel in Las Vegas, NV
BLX
WHO: 501(c)(3) Organizations and State and Local Government Issuers Who Utilize Tax-Exempt Financing
WHAT: A Comprehensive Overview of Post-Issuance Compliance - IRS Tax Law and SEC Continuing Disclosure
WHEN: November 9th and 10th, 2017
WHERE: Vdara Hotel & Spa | Las Vegas, Nevada
RECEIVE: CPE and CLE Credits

Reserve your place today at the 5th annual BLX/Orrick Post-Issuance Compliance Workshop. It’s happening again in Las Vegas at the AAA Four Diamond Award winning Vdara Hotel and Spa at City Center.

PROGRAM DESCRIPTION AND AGENDA

This BLX/Orrick Workshop offers timely discussion of topics related to post-issuance compliance and tax law for the public finance and 501(c)(3) tax-exempt communities. With open forums allowing for attendee participation, BLX and Orrick professionals will lead the program and assist participants with identifying and calculating Private Business Use, best practices relating to Post-Issuance Compliance, and complying with IRS Schedule K reporting requirements.

At the Workshop, learn valuable information relating to the following topics:

  • IRS safe harbor compliance for management contracts - NEW IRS RULES
  • IRS safe harbor compliance for sponsored research agreements
  • "Floating equity" - using equity to mitigate Private Business Use
  • Federal tax law and tax-exempt bond requirements relating to Private Business Use
  • Private Business Use exceptions
  • How to calculate Private Business Use
  • 2016 IRS Schedule K review
  • IRS enforcement update and VCAP
  • Municipal Disclosure - update on SEC enforcement
  • Arbitrage rebate and yield restriction compliance
  • Public Private Partnerships - P3s and tax-exempt bonds - NEW SESSION
  • Investment strategies for tax-exempt bonds and related compliance issues - NEW SESSION
  • Specialized breakout sessions for education, healthcare, and governmental organizations

For detailed agenda and session descriptions, click here.

FEATURED SESSION - MANAGEMENT AND SERVICE CONTRACTS:
NEW IRS RULES EFFECTIVE AS OF AUGUST 2017

On January 17, 2017, for the second time in 6 months, the IRS released updated guidance with respect to the safe harbor requirements for contracts for services performed in tax-exempt bond-financed facilities. Management contracts and other use agreements may give rise to private business use, which in the aggregate cannot exceed 10% per bond issue for governmental bonds and 5% per bond issue for qualified 501(c)(3) bonds. While these new revenue procedures are generally helpful, issuers and borrowers will need to carefully navigate these principle-based concepts to help minimize the impact that these contracts have on their private business use percentage.

This featured session will review these new revenue procedures and how their application will impact the determination of private business use.

BLX SENIOR REPRESENTATIVES & ORRICK TAX PARTNERS TO PRESENT AT THE WORKSHOP

BLX Senior Representatives Alan Bond, Glenn Casterline, Jeff Higgins, Amy Kron, Caleb Lansky, and Sandee Stallings will lead informative sessions at the Workshop and share valuable experiences garnered from their extensive tax-exempt bonds compliance experience.

In addition, the parent firm of BLX and a leading bond counsel and public finance law firm, Orrick, Herrington, and Sutcliffe LLP ("Orrick") will add its expertise to the Workshop presentations and discussions. Orrick partners Devin Brennan, Richard Chirls, Jenna Magan, Rich Moore, Ed Oswald, and Larry Sobel, whose combined experience encompasses thousands of public finance transactions and includes almost every type of project financed with tax-exempt debt, will play a large role at the Workshop.

SPECIALIZED BREAKOUT SESSIONS

This year’s Workshop will again feature specialized breakout sessions for healthcare, education and governmental issuer participants. These Workshop offerings will provide valuable information to participants based on the specialized expertise of Orrick Partners and BLX Representatives.

CLICK HERE for more information on Orrick.

All Workshop participants will have the opportunity to interact directly with BLX Representatives and Orrick Partners throughout the Workshop.

TENTATIVE SCHEDULE

Thursday November 9th

Friday November 10th

7:00am - 8:00am - Registration and Breakfast 7:30am - 8:00am - Breakfast
8:00am - 12:00pm - Workshop Sessions 8:00am - 12:00pm - Workshop Sessions
12:00pm - 1:00pm - Lunch 12:00pm - Workshop concludes
1:00pm - 5:30pm - Workshop Sessions
5:30pm - 7:30pm - Hosted Cocktail Reception

HOTEL INFORMATION

BLX has secured a limited number of rooms at a special discounted rate of $1091 at the Vdara Hotel and Spa, so book now before they are gone. To reserve your room click here.

WORKSHOP PRICING

Issuers and non-profit organizations: $695

Other professionals: $1,095

An invoice with payment instructions will be sent once registration is received.

For questions concerning payment, please contact 213-612-2207, or email: cquezada@blxgroup.com

Refunds, Cancellation and Concerns

Requests to refund registration fees must be received in writing by October 9th, 2017, and will be subject to a $100 cancellation fee. No refunds will be granted after October 9th. For more information or questions, please contact Cynthia Quezada Sixtos. Refunds or cancellations of hotel bookings need to be requested from the Vdara Hotel and Spa, and are subject to their policies.

 

For additional information or questions on the Workshop, please contact:

Cindy Sixtos
cquezada@blxgroup.com

or call 213-612-2207

CPE AND CLE INFORMATION

Recommended CPE Credit

Earn up to 14 CPE credits: This is a basic level course. There are no prerequisites and no advance preparation is required. Delivery method: Group-live. Field of Study: Taxes.

BLX is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to: the National Registry of CPE Sponsors, 150 Avenue North, Suite 700, Nashville, TN 37219-2471.

Recommended CLE Credit

Orrick is an accredited MCLE provider in the State of California, the State of New York, and the State of Texas. This continuing legal education course has been approved in accordance with the requirements of the State Bars of California, New York, and Texas for a maximum of 14 credit hours, of which 14 credit hours can be applied to the taxes requirement.

BLX is a subsidiary of Orrick. BLX does not provide legal services.

1 A Daily Resort Fee of $35.00 plus the current applicable Clark County room tax will be charged in addition to room rates.

©2017 BLX Group