The Womble Carlyle Economic Development Digest - March 2, 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:

Georgia

• Savannah port project moves big step forward, Ledger-Enquirer (February 22, 2015)The Georgia House of Representatives unanimously passed the Georgia Ports Authority bill (connected with the Savannah Harbor deepening).

• Georgia tax overhaul bill would cut income taxes but raise sales taxes, TaxAnalysts.com (February 25, 2015)**
  A Georgia lawmaker introduced legislation February 23 that would overhaul the state's tax regime by reducing the income tax burden on Georgia families by $2.5 billion while increasing and expanding sales taxes.

• State moves aimed at car plant win?, The Atlanta Journal-Constitution (February 20, 2015)
  Georgia economic development officials are angling for their biggest jobs recruitment deal in nearly a decade, and Gov. Nathan Deal is flexing his political muscle to help land the prospect.

North Carolina

• Report: NC incentives, due to expire this year, encourage large investment in renewable energy, Triangle Business Journal (February 24, 2015)
  $80 million in state incentives led to investments totaling $900.7 million in clean energy and energy efficiency in 2014.

• NC senators look to modify McCrory's jobs incentive plan, The News & Observer (February 26, 2015)
  Republican state senators voiced concerns this week about a jobs incentive program that Gov. Pat McCrory wants to see significantly expanded within weeks.

• A quick primer on the looming debate on incentives, The Mountaineer (February 17, 2015)
  The incentives debate is well under way in the North Carolina General Assembly.

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