The Economic Development Digest - May 24, 2013
Womble Carlyle’s Economic Development Digest aggregates
news, opportunities and legislation impacting business in the Southeast and
Mid-Atlantic U.S.
In this week's Economic Development Digest:
Womble Carlyle's Economic Development Team helps clients explore opportunities for locating or expanding operations in the Southeast and Mid-Atlantic U.S. Our Economic Development Team combines a thorough working knowledge of economic development incentives; land use and siting procedures; and regulatory matters at the state, county and local levels, drawing on strong relationships built over many years with key governmental and civic leaders. For more information visit www.wcsr.com/economicdevelopment.
If you have any questions about this Economic Development Digest, please e-mail EconDigest@wcsr.com or contact any member of Womble Carlyle's Economic Development Team.
In this week's Economic Development Digest:
- Texas
Senate Approves $869 Million in Tax Breaks for Businesses,
TaxAnalysts (May 23, 2013)**
The Texas State Senate on May 21 approved two bills that would provide an estimated $869 million in franchise tax and sales tax breaks for businesses as part of an effort to finalize the state's budget for the fiscal biennium ending in 2015 and to meet a demand by Gov. Rick Perry (R) to provide tax relief. - Horizon picks Atlanta-based Gateway for Charleston westside redevelopment, The Post and Courier (May 23, 2013)
- Senate vote set on data center tax breaks, San Antonio Express News (May 22, 2013)
- NC Senate proposes defunding Rural Economic Development Center, The Charlotte Observer (May 21, 2013)
- Hal Johnson named local developer of the year, GSA Business (May 21, 2013)
- Economists at Federal Reserve optimistic about South Carolina economy, South Carolina Economic Developers' Association (SCEDA) (May 21, 2013)
- Three Triad counties could be removed from regional partnership, The Business Journal (May 20, 2013)
- Senate Republicans release first NC budget details, The Associated Press (May 19, 2013)
- House passes craft beer bills, Austin American-Statesman (May 17, 2013)
- House bill backs green energy project; Wood pellet plant coming to Wilson County asked for bill to help industry expand, The Wilson Daily Times (May 16, 2013)
- Virginia
Tax Commissioner Explains Certification Process for Pollution Control
Equipment Exemption, TaxAnalysts.com
(May 15, 2013)**
In response to a county's inquiry as to the certification date for a business tangible personal property tax exemption for pollution control equipment, the Virginia tax commissioner explained the certification process and that an exemption should not be granted if the locality did not have an exemption ordinance before January 1, 2011. - Senate backs Wake commissioners takeover of school construction, The News & Observer (May 15, 2013)
Womble Carlyle's Economic Development Team helps clients explore opportunities for locating or expanding operations in the Southeast and Mid-Atlantic U.S. Our Economic Development Team combines a thorough working knowledge of economic development incentives; land use and siting procedures; and regulatory matters at the state, county and local levels, drawing on strong relationships built over many years with key governmental and civic leaders. For more information visit www.wcsr.com/economicdevelopment.
If you have any questions about this Economic Development Digest, please e-mail EconDigest@wcsr.com or contact any member of Womble Carlyle's Economic Development Team.
Labels: economic development, Rural Economic Development Center, southeast u.s., state budget
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