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Month: September 2024

Elections in the Mid-Atlantic

Posted on by Compass Advocacy

As new elections bring fresh faces and changing priorities to the legislative landscape, maintaining and creating relationships with legislators becomes even more critical for our clients. Newly elected officials may have different perspectives and agendas, making it essential to establish rapport and educate them about your organization’s mission and needs. Fostering connections with legislators early in their terms leads to more impactful partnerships and a better understanding of how to align objectives with emerging legislative priorities.

Delaware Primary Election Results:
September 10, 2024

Governor
  • New Castle County Executive Matt Meyer won the Primary
  • House Minority Leader and long-time member of the state House of Representatives, Mike Ramone won a three-way race on the Republican side for their party’s nomination for Governor.
  • The current Governor, John Carney won his primary race to be the next Mayor of the City of Wilmington.
Lt. Governor
  • In Delaware, the Lt. Governor is elected separately from the Governor. State Sen. Kyle Evans Gay won the primary.
In the State House:

District 15 – In a huge upset, Speaker of the House Valerie Longhurst fell to political newcomer Kamala Jones.

District 14 – Claire Snyder-Hall won the contested primary to replace retiring Representative and former Speaker of the House, Pete Schwartzkoph.

District 10 – Melanie Ross Levin will replace Representative Sean Matthews in House District 10.

Pennsylvania SPECIAL ELECTION RESULTS

September 17, 2024

Two Democratic Representatives resigned this summer for jobs in the private sector, opening two seats in the House.

Philadelphia Area Districts:

201st District – Andre Carroll
195th District – Keith Harris

“Despite the lack of competition, the wins are significant: For the fifth time this session, Democrats have held on to their one-vote majority in the state House. This gives them control of the lower chamber’s agenda for the final weeks of session.” Read more at: https://www.centredaily.com/news/state/pennsylvania/article292678579.html

MARYLAND
“The 2024 Maryland Senate race is set to be a closely watched contest between former governor Larry Hogan and Angela Alsobrooks. Larry Hogan, a popular Republican known for his moderate stance, will face off against Angela Alsobrooks, a Democrat and the current Prince George’s County Executive. The race is expected to be much more competitive than the typical Maryland statewide race, with both candidates having strong support bases and experience in Maryland politics.”

Navigating New Legislative Landscapes: How Compass PR Can Help You Connect with Incoming Legislators

Posted on by Compass Advocacy

As Delaware and Pennsylvania prepare to welcome new legislators into their state houses, now is the perfect time for organizations, businesses, and advocacy groups to strategize on building meaningful relationships with these fresh faces. Here’s how our PR team can help you make a strong impression and establish valuable connections:

  1. Tailored Letters to Elected Officials

One of the most direct ways to reach out to new legislators is through tailored letters. Compass’s PR professionals can craft well-considered, personalized letters clearly communicating your stance on issues that matter most. By addressing the specific interests and priorities of incoming legislators, you can effectively highlight how your organization’s goals align with their legislative agendas.

  1. Mobilizing Community Support

Building a network of support can significantly enhance your outreach efforts. Compass can organize targeted campaigns to engage your community and demonstrate to new legislators that there is substantial backing for your cause. By mobilizing constituents and showcasing widespread support, you can make a compelling case for why legislators should take notice.

  1. Strategic Communication and Engagement

Maintaining effective communication with new legislators is key to establishing a strong relationship. Compass can help manage your ongoing interactions, ensuring that your messages are consistently relevant and impactful. We can also adapt strategies as the political landscape evolves, keeping your organization’s voice heard amidst changing priorities.

With new legislators joining the state houses in Delaware and Pennsylvania, now is the time to strategically engage and build relationships. By leveraging Compass’s PR expertise, you can effectively position your organization and foster strong, productive relationships with the new legislative leadership. By taking these steps, you’ll be well-prepared to navigate the changes and make a lasting impact in a changing political landscape.

 

 

https://mailchi.mp/compassadvocacy/compass-pr-navigator-september-2024-9920692

Many Businesses Now Have to File A New Report with the U.S. Treasury

Posted on by Rob Garagiola

As a result of the Federal Corporate Transparency Act of 2021, certain companies must report Beneficial Ownership Information (BOI) to the U.S. Treasury Financial Crimes Enforcement Network (FinCEN) no later than January 1, 2025 [1]. In addition, any changes to BOI filings must be filed with FinCEN within 30 days of such change. This new requirement is part of the U.S. Government’s effort to go after bad actors seeking to hide gains through shell companies and other less than transparent ownership structures.

There are 23 exemptions to such filings, but if your business doesn’t qualify for one of them, then you must file a report. Compass Law Partners has assisted businesses in determining whether such a report must be filed and has experience filing such reports. Unfortunately, even with the exemptions, most small businesses will need to file a report and periodically update it.

Once a business determines whether or not it must file BOI reports, it must also determine who the beneficial owners of the company are for such filing. There are two qualifiers: (1) someone who exercises “substantial control”; and (2) someone who owns at least 25 percent of the ownership interest of the company. In addition, for businesses formed after January 1, 2024, there are additional reporting requirements.

For the months of September and October 2024, Compass Law Partners is offering clients a discounted flat fee of $500 to conduct the analysis of whether you need to file such report to the U.S. Treasury’s FinCEN; such fee also includes filing the report on your behalf.

 

[1] Companies created in 2024 must file within 90 days of formation. Companies created after January 1, 2025, must file within 30 days of formation.
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