Wednesday, February 18, 2009

FEDERAL STIMULUS LEGISLATION

Whiteman Osterman & Hanna LLP, together with our Washington, D.C. – based affiliate, WOH Government Solutions LLC, has formed a team of attorneys to address questions regarding the federal stimulus legislation.

The American Recovery and Reinvestment Act of 2009, signed by President Obama on February 17, is a complex spending measure designed to jump start the American economy. The legislation is over 1,000 pages long and contains $787 billion in appropriations.

The Act contains a complex mix of grants, loans, guarantees and tax credits. The process of determining exactly how the grants and loans will be allocated, and who will qualify for the guarantees and tax credits, is already underway. Businesses and communities across America will be vying for a share of the stimulus funds, and to be successful, those parties must be prepared to act with deliberate speed.

In order to help clients and friends of the firm best position themselves with respect to this opportunity, Whiteman Osterman & Hanna LLP and WOH Government Solutions LLC have formed a team of attorneys who are well-versed in the content and structure of the Act. This Stimulus Team will help guide our clients into position to seize the many opportunities presented by this unprecedented piece of legislation.

Should you have any questions regarding the stimulus legislation and the opportunities it presents, please contact Whiteman Osterman & Hanna.

This may be considered ATTORNEY ADVERTISING in some jurisdictions.

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