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News & Press: 2018 Economic Development News

TSS Today's Clips-Monday, March 26

Monday, March 26, 2018  
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Below are newspaper articles from around the Commonwealth that you may find of interest.These materials are to inform you of developments that may affect your business and are not to be considered legal advice. If you have any questions please contact Mike Woods.

 

State report shows Bristol may need assistance on debt

A new state report finds the city of Bristol, Virginia, may warrant assistance from the state to deal with its significant debt tied to The Falls development and landfill operations. On Friday, the Virginia Auditor of Public Accounts released its fiscal distress monitoring report of local governments that scored poorly on a set of financial metrics…

Dominion agrees to bury power lines in Prince William, ending legal standoff

The Dominion Energy utility company has agreed to bury most of a proposed power-line route in Prince William County beneath Interstate 66, ending more than three years of controversy surrounding the project…

Code-named Chesterfield industrial site to be filled with Pepsi

Another round of details on a large industrial project planned for the county has bubbled to the surface…

Controversial megasite proposal moves forward in Chesterfield County

In early 2018, Board of Supervisors Chairwoman Dorothy Jaeckle received a stream of emails from constituents asking for answers about a nearly 1,700-acre industrial megasite pitched by the Chesterfield Economic Development Authority for her southeastern district...

Newport News holds up appointments to Peninsula Airport Commission

It was nearly six months ago that the commission that oversees Newport News/Williamsburg International Airport asked York County, James City County and Williamsburg to appoint representatives to the board…

Stormwater fee issue heats up in Albemarle

After months of delay, the Albemarle County Board of Supervisors soon could decide to postpone adoption of a controversial stormwater utility fee…

Virginia jobless rate dips to 3.5 percent

Virginia's unemployment rate was 3.5 percent in February, its lowest level in nearly a decade. The Virginia Employment Commission said the commonwealth's seasonally adjusted jobless rate fell one-tenth of a percentage point during the month…

Virginia Tech board will consider tuition hike, capital projects

Virginia Tech’s Board of Visitors will meet Monday to discuss and vote on raising student tuition and fees, as well as capital improvement projects…

Newport News hires redevelopment project manager, reaches out to small businesses

Newport News hired a redevelopment project manager and is reaching out to small businesses to find out what they need to be successful and grow…

Nearly 30 years on, Lynchburg looks at expanding Business Development Center's mission

After almost 30 years, the Lynchburg Business Development Center has seen its fair share of changes and has worked to evolve as entrepreneurs’ needs have changed…

Thomas Cullen confirmed as new U.S. attorney for the Western District

Thomas Cullen, a Richmond native and former federal prosecutor, will become the U.S. attorney for the Western District of Virginia after his confirmation Thursday by the U.S. Senate…

Should Martinsville consider reverting to a town?

The controversial R word is going to come up again during conversation at Tuesday night’s Martinsville City Council meeting. Mayor Gene Teague maintains, though, that council members are not considering petitioning the state to legally change Martinsville’s classification from an independent city to a town…

Virginia Elections Board tweaks ballot design, creates new complaint process for political ads

The State Board of Elections approved a series of policy changes Friday aimed at making ballots easier to understand and setting up a clear process for handling complaints about potentially illegal political ads…

Kansas Senate introduces sports betting bill with 5% tax

Lawmakers in Kansas have introduced a bill to the state Senate that would legalize sports betting in person at specific locations as well as online with a 5 percent tax on revenue…

New FDA policy takes aim at big compounders

The U.S. Food and Drug Administration on Friday moved to limit the operations of large drug compounders, laying out policies that could dramatically curb their ability to sell cheaper versions of FDA-approved products…

States' Clean Water Rule challenge gets back in gear

A judge on Friday resumed a lawsuit in which a North Dakota-led coalition of states are challenging a controversial Obama-era rule defining the Clean Water Act’s reach, now that the U.S. Supreme Court has said that district courts, not circuit courts, have jurisdiction to assess the regulation…

State AGs say consumers better off without Data Breach bill

The attorneys general of 31 states have urged House lawmakers to scrap a federal data breach notification bill meant to streamline nationwide reporting requirements for businesses, arguing that it lets companies avoid disclosing hacks unless consumers are also the victim of a crime…

Bayh-Dole could be a drug pricing fix, if the Feds want it

As the debate over rising drug prices continues to rage, one advocacy organization is pushing the federal government to take advantage of a tool already in its belt: the Bayh-Dole Act, which allows the feds to take ownership of patents it helped fund or force companies to provide licenses for those patents….

State opioid taxes seen as well-intentioned but misguided

Facing a mounting death toll, soaring costs and growing public anger over the opioid crisis, an increasing number of states are considering new laws that would tax the powerful painkillers, despite concerns that some states may be using the crisis to raise general revenue…

Schapiro: Change that even VA. Gerrymandering can’t control

In Virginia, there are some trends not even artfully manipulated legislative boundaries can control. Indeed, figures recently released by the U.S. Census Bureau show that population growth and growing diversity — like the drip, drip, drip of water on a rock — are steadily remaking this state…


VA. Takes a big step forward on Metro — but there’s a catch

The last time Virginia took a major step in the direction of preparing the state’s transportation network for 21st-century traffic and commerce, it took more than a quarter-century to get there — that’s how much time elapsed between a landmark funding package in 1986 and…

A grand experiment

Some rural areas may get three different tax breaks. Virginia is about to embark on a grand experiment: Can tax incentives jump-start economic development in rural areas? This is not exactly a new experiment. So-called “enterprise zones” where…

 

 

Michael W. Woods
Senior Manager - Virginia

Direct: 804.697.2256 | Mobile: 804.339.0260
mike.woods@troutman.com

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