BLOGS: Womble Carlyle Economic Development Digest

Friday, January 24, 2014, 1:33 PM

The Womble Carlyle Economic Digest - January 24, 2014

Womble Carlyle’s Economic Development Digest aggregates news, opportunities and legislation impacting business in the United States.

In this week's Economic Development Digest:

California
  • California Governor touts state's economic comeback, TaxAnalysts.com (January 22, 2014)**
    In his 2014 State of the State address, California Gov. Jerry Brown (D) reiterated the goals of his proposed fiscal 2015 budget, including establishing a solid rainy day fund and paying down the state's debts, and lauded the state's economic recovery following temporary tax increases approved in 2012.
Delaware
  • Wage vote on agenda today, The News Journal (January 22, 2014)
    Delaware focuses on keeping jobs and growing and supporting the economy.
Florida
  • Florida Appeal Court: Developer ineligible for Enterprise Zone Tax Refund for building materials, TaxAnalysts.com (January 17, 2014)**
    The Florida Court of Appeals held that a developer is ineligible for a tax refund for taxes paid on building materials used in an Enterprise Zone (EZ) project because, while the subject property was in an EZ when purchased by the developer, the zone was later redrawn and did not include the property at the time the developer used the materials.
Georgia
Maryland
  • Maryland Governor praises state's economic climate in the State of the State, TaxAnalysts.com (January 23, 2014)**
    In his 2014 State of the State address, Maryland Gov. Martin O'Malley (D) recounted the state's economic progress and recovery after the recession, reiterated his plan to eliminate the state's structural deficit without raising taxes, and called on lawmakers to increase the minimum wage to reduce taxpayers' burden of paying for poverty programs.
National
South Carolina
  • Ellison: S.C.-Israeli partnership a winner for both sides, The State (January 22, 2013)
    South Carolina was the only state to have an official presence in mid-December at Israel’s premier annual business gathering in Tel Aviv, attended by more than 3,000 entrepreneurs and Israeli officials.
 

**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.

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.

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Friday, January 17, 2014, 12:59 PM

The Economic Development Digest - January 17, 2014

Womble Carlyle’s Economic Development Digest aggregates news, opportunities and legislation impacting business in the United States.

In this week's Economic Development Digest:

Florida
Georgia
  • Governor aims to create skilled workforce without raising taxes, TaxAnalysts.com (January 15, 2014)**
    Georgia Gov. Nathan Deal (R), in his 2014 State of the State address, highlighted the need for a skilled workforce and sound infrastructure to encourage job growth, and proposed new grants and funding for skill training at technical colleges and deepening the port of Savannah, but noted that maintaining a low-tax climate is critical for economic growth.
Maryland
  • Maryland proposes reg amendments on same-sex marriage, R&D tax credit, TaxAnalysts.com (January 10, 2014)**
    The Maryland comptroller of the treasury has proposed various amendments to administrative, income, and research and development tax credit regulations, including amending language to reflect the recognition of same-sex marriage at the federal and state level and conform the definition of small business and credit allowances to HB 386.
National
  • D.C. Circuit Guts FCC's Net Neutrality Rules, wcsr.com (January 17, 2014)
    Your Internet service provider is now free to make deals with content providers like Amazon or Netflix to allow those companies to pay more to move their content to you more quickly than companies that do not pay for priority treatment.
North Carolina
  • Apex mulls economic development options, Southwest Wake News (January 10, 2014)
    Over the next few months, town leaders are expected to discuss long-range plans for economic development, including the possibility of hiring someone to help lure new businesses.
South Carolina
  •  2014 Legislative Agenda, charlestonchamber.net (January 2014)
    The Charleston Metro Chamber of Commerce publishes its 2014 legislative agenda for South Carolina.
Texas

**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.

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.

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Friday, January 10, 2014, 1:38 PM

The Economic Development Digest - January 10, 2014

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:

California
  • Skepticism over Brown's redevelopment replacement, Sacramento Business Journal (January 10, 2014)
    The Governor of California's 2013-2014 budget plan includes a proposal to make it easier for voters to implement infrastructure financing districts, allowing local governments to fund public infrastructure through tax increment financing.
Maryland
North Carolina
  • New NC jobs recruiting head downplays incentives, Associated Press State & Local (January 7, 2014)
    The new head of the Economic Development Partnership of North Carolina says tax breaks and other corporate incentives have only a marginal impact in attracting businesses.
South Carolina
  • Roads, taxes dominate concerns of Oconee County delegation, Anderson Independent-Mail (January 6, 2014)**
    Upstate South Carolina emphasizes the need for infrastructure funding and says money for the State of South Carolina’s roads and bridges is one of the “keenest challenges” the General Assembly faces.
  • Lawmakers call for changes at DOT, The Greenville News (January 10, 2014)
    Some lawmakers in the South Carolina General Assembly want to see changes at the South Carolina Department of Transportation.
Virginia
  • Variety of legislation affects VA businesses, Richmond Times-Dispatch (January 6, 2014)
    Numerous issues will be taken up during the upcoming General Assembly session in Virginia that could affect businesses in Virginia.
West Virginia

**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.

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.

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Friday, January 3, 2014, 1:35 PM

The Economic Development Digest - January 3, 2014

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:

California
Florida
  • Florida proposes rule on R&D tax credit for target businesses, TaxAnalysts.com (December 24, 2013)**
    The Florida Department of Revenue has proposed a rule to implement recent legislation that allows a research and development tax credit against state corporate and franchise tax credit for target industry businesses that claim valid federal corporate income tax credits for qualified research expenses.
Maryland
National
  • Thinking outside the (big) box, The New York Times (December 31, 2013)
    After re-evaluating the relationship between worker management and profit, many corporate leaders will realize that paying their workers more and treating them better will actually make everyone better off. And this, indeed, would format a small revolution.
North Carolina
  • Looking for a new normal in 2014, The Daily Courier (December 31, 2013)
    2013 saw the greatest changes in state government in North Carolina in the past 50 years.
South Carolina
  • Start 2014 roads debate with plan, The Greenville News (December 29, 2013)
    South Carolina legislators need a comprehensive plan to provide a stable revenue stream over the long term, and from a variety of sources, to improve South Carolina’s massive road system.
Texas

**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.

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 EconomicDevelopment Team.

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