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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