BLOGS: Womble Carlyle Economic Development Digest

Thursday, May 29, 2014, 2:15 PM

The Womble Carlyle Economic Development Digest - May 29, 2014

Womble Carlyle Economic Development Summit - June 20 - Daniel Island Club, Charleston, SC - details coming
 
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
Delaware
Maryland
  • Maryland allows local property tax credit for commercial property rehabilitation, TaxAnalysts.com (May 20, 2014)**
    Maryland SB 605, signed into law as Chapter 538, allows county and municipal governments to provide a property tax credit for qualifying investments used to bring existing commercial properties up to code; the credit may not exceed 50 percent of the investment and may be distributed over a 10-year period.
National
North Carolina
  • Local legislators seek to repeal film incentive sunset dates, Star News Online (May 20, 2014)
    Without legislative action this session in North Carolina, the film and historic preservation credits - both of which local leaders say are key to economic development in Wilmington, North Carolina - expire at the end of this year.
South Carolina
  • South Carolina lawmakers: Craft beer bill compromise reached, The Post and Courier (May 27, 2014)
    A compromise on a bill that could mean a spending and infrastructure bonanza for craft breweries in South Carolina is expected to pass this year and could bring a major California-based craft brewer to South Carolina.

**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/Practices/Economic-Development.

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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Tuesday, May 20, 2014, 2:05 PM

The Womble Carlyle Economic Development Digest - May 16, 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
Georgia
Maryland
  • Maryland expands Health Enterprise Zone Credit Program, TaxAnalysts.com (May 5, 2014)**
    Maryland HB 668, signed into law as Chapter 417, expands eligibility for the health enterprise zone (HEZ) tax credit to include, in addition to HEZ practitioners, all for-profit and nonprofit entities that employ qualified employees and provide healthcare services in an HEZ, and requires special consideration for community-based applicants.
South Carolina
  • South Carolina DOR announces committee to study alternative apportionment methods, TaxAnalysts.com (May 1, 2014)**
    The South Carolina Department of Revenue announced that it has ceased work on a proposed revenue ruling on combined unitary reporting and has formed a committee to study alternative allocation and apportionment methods to reach an equitable and balanced approach to corporate taxation that applies objective and reasonable standards.
Texas
Virginia
  • The right engine for transportation goals, Daily Press (May 10, 2014)
    The Hampton Roads Transportation Commission “transforms the old game and puts the right people at the table”: 14 mayors and county chairs, five state legislators, plus as non-voting members the state's Highway Commissioner, Executive Director of the Virginia Port Authority, Director of Rail and Public Transportation and a commissioner of the Commonwealth Transportation Board.

**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/Practices/Economic-Development.

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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Monday, May 5, 2014, 1:40 PM

The Womble Carlyle Economic Development Digest - May 2, 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
Florida
Georgia
  • Georgia Roundup: Governor approves economic development incentives, TaxAnalysts.com (April 23, 2014)**
    This is a roundup of legislation moved through the Georgia General Assembly since early April, including HB 958, a $200 million package of economic development incentives that includes extensions of sales tax breaks for construction materials and up to $25 million in annual tax credits for film production and video game development.
National
  • Supreme Court makes it easier to recover attorney fees in patent cases, wcsr.com (April 29, 2014)
    The United States Supreme Court issued two opinions today that eliminated the Federal Circuit’s rigid two-part test a prevailing party must meet in order to recover attorney’s fees in a patent case, and heightened the appellate standard of review of a district court’s determination to award attorney’s fees.
North Carolina
South Carolina
Texas
Washington D.C.

**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/Practices/Economic-Development.

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