Wednesday, December 17, 2014, 8:38 AM

The Womble Carlyle Economic Development Digest - December 16



Happy Holidays!
 
    
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

  • BOCC at odds on economic development, The Gadsen County Times (December 4, 2014)
    Board of County Commissioners debates how to allocate $240,000.00 dedicated for economic development.

  • Agency raising public profile, Citrus County Chronicle (December 5, 2014)
    In Florida, the Enterprise Zone Development Agency is taking an aggressive stance on raising its public profile, adjusting zone boundaries and attracting some development activity. There are about 65 enterprise zones statewide. The state incentives are in the form of tax credits, tax exemptions and tax refunds and have to be approved by the Department of Revenue.


Maryland

  • Maryland amends health enterprise zone credit regs, TaxAnalysts.com (December 12, 2014)**
    The Maryland Department of Health and Mental Hygiene has amended and adopted health enterprise zone tax credit regulations to establish procedures for implementing the hiring tax credit for for-profit and nonprofit employers.

North Carolina



  • North Carolina Governor highlights importance of historic tax credit, TaxAnalysts.com (December 11, 2014)**
    North Carolina Gov. Pat McCrory (R), at the grand opening of the North American headquarters of BuzziSpace, a manufacturer, highlighted the importance of the historic tax credit, which has brought nearly $1.5 billion of private investment into North Carolina since 1998 but is scheduled to sunset at the end of December.

South Carolina



  • Commerce Communications, South Carolina Department of Commerce (December 12, 2014)
    South Carolina Department of Commerce announces several large economic development projects.

  • Daniel Island man develops business referral app, The Post and Courier (December 14, 2014)
    Womble Carlyle client “Go Where I Go” develops app to track referrals and gets support from the South Carolina Research Authority’s Technology Ventures Launch program.

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 Virginia


Washington D.C.


West Virginia

  • City sales taxes poised to become more common in W. Va., Charleston Daily Mail (November 25, 2014)
    The number of municipalities in West Virginia with local sales taxes could triple in the near future, with the revenues from such sales taxes being dedicated to fund projects including infrastructure improvements and economic development initiatives.

**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.




Contacts

North Carolina

Charlotte

Raleigh

Research Triangle Park

Winston-Salem







 

 

 

South Carolina

Charleston

Columbia

Greenville
Morris Ellison
843.720.4614
MEllison@wcsr.com








 

 

Georgia

Atlanta

 

 


 

 

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