The Womble Carlyle Economic Development Digest - February 9, 2015
Womble Carlyle’s Economic Development Digest aggregates news, opportunities and legislation impacting business in the United States.
In this week's Economic Development Digest:
Delaware
• Fort DuPont redevelopment: flood risk a concern, Delaware Online (January 28, 2015)
Redevelopment along the Delaware River raises concerns about flood risk.
Florida
• A blight on the county budget, Miami Herald (January 31, 2015)
Community Redevelopment Agencies (CRAs) operate under different rules than local governments. For example, tax-increment revenue from counties and cities is diverted to CRA districts for redevelopment projects.
• Spare affordable housing from draconian cut, Bradenton Herald (February 5, 2015)
In setting budgetary priorities, Florida weighs important interests such as affordable housing with competing interests such as land conservation.
Georgia
• Georgia Senators propose creation of tax exemption study committee, TaxAnalysts.com (January 29, 2015)**
A dozen Georgia Democratic senators have introduced a bill (SR 65) that would create a tax exemption study committee to examine the effectiveness of economic development tax credits in the state.
• Georgia House leaders propose transportation plan, The Marietta Daily Journal (January 29, 2015)**
Georgia legislators vote to increase state funding for transportation by $1 billion annual by utilizing its gas tax and a usage fee for alternative fuel vehicle owners.
Read more...(pdf format)
**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.
To contact our attorneys regarding an economic development or related matter, please e-mail EconDigest@wcsr.com for a response within 24 hours.
In this week's Economic Development Digest:
Delaware
• Fort DuPont redevelopment: flood risk a concern, Delaware Online (January 28, 2015)
Redevelopment along the Delaware River raises concerns about flood risk.
Florida
• A blight on the county budget, Miami Herald (January 31, 2015)
Community Redevelopment Agencies (CRAs) operate under different rules than local governments. For example, tax-increment revenue from counties and cities is diverted to CRA districts for redevelopment projects.
• Spare affordable housing from draconian cut, Bradenton Herald (February 5, 2015)
In setting budgetary priorities, Florida weighs important interests such as affordable housing with competing interests such as land conservation.
Georgia
• Georgia Senators propose creation of tax exemption study committee, TaxAnalysts.com (January 29, 2015)**
A dozen Georgia Democratic senators have introduced a bill (SR 65) that would create a tax exemption study committee to examine the effectiveness of economic development tax credits in the state.
• Georgia House leaders propose transportation plan, The Marietta Daily Journal (January 29, 2015)**
Georgia legislators vote to increase state funding for transportation by $1 billion annual by utilizing its gas tax and a usage fee for alternative fuel vehicle owners.
Read more...(pdf format)
**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.
To contact our attorneys regarding an economic development or related matter, please e-mail EconDigest@wcsr.com for a response within 24 hours.
Labels: Community Redevelopment Agencies, economic development, Georgia transportation plan tax exemption
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