BLOGS: Womble Carlyle Economic Development Digest

Friday, June 21, 2013, 1:44 PM

The Economic Development Digest - June 21, 2013


In this week's Economic Development Digest:

South Carolina
  • Legislative committee agrees on roads 'concept', The Greenville News (June 15, 2013)
    A group of lawmakers have agreed on a concept which mixes borrowed money, one-time funds and revenue from the sales tax on cars to repair the state's infrastructure.
  • Court of Appeals rules in favor of S.C. Chamber, scchamber.net (June 14, 2013)
    The U.S. Court of Appeals for the Fourth Circuit issued a decision in favor of the South Carolina Chamber of Commerce regarding the National Labor Relations Board (NLRB).
North Carolina
  • McCrory says budget deal by July 1 uncertain, The News & Observer (June 17, 2013)
    Governor McCrory said he is unsure if he and other Republican leaders can agree on a final North Carolina budget before the new fiscal year starts in two weeks.
  • McCrory initiatives designed to boost employment move forward, The News & Observer (June 19, 2013)
    A state House Commerce Committee approved the administration's plan to privatize the state's job recruitment functions.  Modeled after a similar initiative in Indiana, the nonprofit corporation is designed "to move at the speed of business," the Commerce Secretary said.
Virginia
  • The Falls project gets a little help, Bristol Herald Courier (June 12, 2013)
    The Falls commercial project appears ready to progress, largely attributable to a $5.5 million funding guarantee from the Virginia Tobacco Commission.
New York
Florida
  • Florida strikes deal with Amazon, TaxAnalysts.com (June 13, 2013)**
    Florida Gov. Rick Scott (R) announced that Amazon.com has agreed to invest more than $300 million to establish warehouse facilities in Florida, which will create some 3,000 jobs; Amazon must begin collecting the 6 percent Florida sales tax from Florida customers once the facilities are complete, as required by state law.
  • Florida DOR explains exemption for industrial machinery, equipment, TaxAnalysts.com (June 10, 2013)**
    The Florida Department of Revenue has explained the state's sales and use tax exemption, effective April 30, 2014, for purchases of industrial machinery and equipment used at a fixed location in the state by an eligible manufacturing business that will manufacture, process, compound, or produce for sale items of tangible personal property.
  • Detert has spot on Paris journey, Herald-Tribune (June 17, 2013)
    Florida participates in 50th International Paris Air Show this week in efforts to convince aerospace companies to invest in Florida.  This is an effort by Florida to fill the void left by NASA discontinuing the shuttle program.
International
  • BIRD makes matches for Israeli tech and US business, The Times of Israel (June 20, 2013)
    The Binational Industrial Research and Development Foundation "BIRD" looks for companies for which to provide monetary investments.  BIRD searches for promising Israeli technologies, exposes them to potential U.S. partners and then supplies assistance to get the project going (up to one third of the total project costs).

**Note: a paid subscription is required to access this article. A brief description has been provided. Please contact Womble Carlyle’s Economic Development Team for more information on these developments.

 

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Wednesday, June 19, 2013, 10:31 AM

The Economic Development Digest - June 14, 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:


South Carolina
  • Long session, little done, Post & Courier (June 9, 2013)
    The Post and Courier describes the productivity of the South Carolina legislative session, which ended last week.
  • Gun bill dies as General Assembly adjourns, Anderson Independent-Mail (June 6, 2013)
    A bill that would have allowed people with concealed-weapon permits to take guns into businesses serving alcohol was shot down Thursday as the South Carolina General Assembly ended its regular annual session.
  • South Carolina bill provides bigger rebates for film producers, TaxAnalysts.com (May 8, 2013)**
    South Carolina SB 163 expands the state's film rebate program to allow for rebates of up to 30 percent of purchases from state vendors and payroll rebates of up to 25 percent for wages paid to state residents and 20 percent for other wages spent; however, the bill does not increase the amount of money allocated for the program.
  • Clemson University Enterprise Act ends session in committee, The Greenville News (June 7, 2013)
    A bill that would have allowed Clemson to operate some of its non-academic functions in a manner that resembles a business more than an academic institution failed to make it through the legislature before the session ended last week.
  • South Carolina outpaces nation in manufacturing growth, sccommerce.com (June 13, 2013)
    South Carolina has one of the fastest growing economies in the U.S. and has one of the fastest growing manufacturing sectors in the region and nation, according to the recent U.S. Commerce Department report.
North Carolina
  • NC House panel keeps fracking moratorium, The News & Observer (June 5, 2013)
    A North Carolina House committee rejected an effort to lift the state's fracking moratorium.  At issue appears to be public protections and environmental safeguards to safely regulate energy exploration.
  • Charlotte Chamber "disappointed" over CLT feud, Charlotte Business Journal (June 11, 2013)
    The Charlotte, North Carolina Chamber issued a statement to state lawmakers and politicians calling for discussions on the future of the Charlotte International Airport as an economic asset.
  • Uncertainty surrounds Asheville budget, The Asheville Citizen-Times (June 10, 2013)
    City Council in Asheville is working on its budget, while monitoring tax reform plans in the legislature that could alter the amount Asheville receives from business licenses and utility taxes.  City Council is also reviewing an incentive proposal worth $1.6 million for "Project X."
Pennsylvania
Texas
Delaware
  • Charter school reform bill advances in state House, The News Journal (June 6, 2013)
    A bill aimed at reforming the state's charter school system is headed to the full House, despite objections that the measure needs public input and will hurt traditional schools.
Missouri
  • Cities hunt for startup magic, The Wall Street Journal (June 11, 2013)**
    In St. Louis this week, a coalition of local leaders from both the public and private sectors unveiled plans to raise $100 million over five years to invest in and support local startups.  This is the latest in a series of steps intended to revive an entrepreneurial culture.

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