The Economic Development Digest - May 31, 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:
- SC Senate approves $6.3B budget plan after agreeing to put more money toward road construction, The Associated Press (May 24, 2013)
- Answers coming on NC Commerce shakeup, The Business Journal of the Greater Triad Area (May 24, 2013)
- Budget approved narrowly; Peyton says he won't seek re-election, The Greene County Record (May 23, 2013)
- Rep. Brody stops by AEDC meeting to discuss economic development bill, The Anson Record (May 22, 2013)
- South Carolina provides guidance on sales taxation of material handling systems and equipment, TaxAnalysts.com (May 21, 2013)**
The South Carolina Department of Revenue updated a revenue ruling on the sales and use tax exemption for material handling systems and equipment used in a manufacturing or distribution facility to answer questions that have arisen since the exemption was enacted in 1996. - Bill putting more restrictions on special events fund heads to governor, Fort Worth Star-Telegram (May 28, 2013)
- Patent Law Treaties Implementation Act of 2012 Modifies U.S. Design Patent Law, wcsr.com (May 29, 2013)
- Florida exempts machinery and equipment from sales tax, bill faces possible challenge, bna.com (May 2013)**
Legislation enacted by the Florida legislature which exempts certain industrial machinery and equipment from sales tax faces potential legal challenges after it failed to receive the required two-thirds vote in the House.
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: AEDC, economic development, NC Commerce, REPS