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News & Press: 2018 Economic Development News

TSS Today's Clips-Friday, March 30

Friday, March 30, 2018  
Posted by: Jeanne Ali
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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.

 

Virginia finance secretary doubts state can protect bond rating without Medicaid expansion

Secretary of Finance Aubrey Layne says Virginia will need savings from expanding its Medicaid program to protect the state’s Triple-A bond rating from concerns that a national rating agency raised about the state’s financial outlook a year ago…

Republican Medicaid expanders in Va. say backlash is milder than expected

Del. Terry Kilgore did an about-face on Obamacare this year, voting to add up to 400,000 poor, uninsured Virginians to the state’s Medicaid rolls after years of steadfast opposition….

The free-tuition bandwagon

As Tennessee created a buzz with its decision to offer all residents a free community college education, a proposal to study something similar for Virginia quietly died in a state Senate committee in February…

North Carolina's promising experiment

Policymakers and economists alike have long struggled with the challenge of reversing deindustrialization. North Carolina is showing that innovative education policies can help…

Drugs, lies, bribery exposed in Virginia’s Transportation Agency

During a snowstorm two years ago, Virginia Department of Transportation official Anthony Willie decided he should book a hotel room in Northern Virginia for the night. After all, he was in charge of snowplowing for the Burke area of Fairfax County…

HRT gets a mix of legislative misses and hopes for future

When the odometer starts pushing a million miles, it’s natural to start asking about how to finance a new vehicle — but Hampton Roads Transit, which owns a bus that well-used, didn’t get the answer it was hoping for from the General Assembly this year. Still…

Ringgold solar farm powers on providing electricity to Danville Utilities

Danville Utilities’ first solar farm is officially online more than two years after the project was first discussed. Danville Utilities will purchase all energy created at the solar farm for the next 25 years at a lower rate than market value…

Supreme Court decision affirms right to renewable energy power-shopping

In rejecting an appeal by Dominion Energy on Thursday, the Virginia Supreme Court upheld a decision by state regulators that large electricity users seeking all-renewable power can shop for it without regard for a daunting requirement that they give five years’ notice if they want to return to utility service…

Here’s how much Stihl will expand its headquarters in Virginia Beach

With gold augers in hand, leaders of Stihl Inc. held a groundbreaking on Thursday for a new phase of its campus in Virginia Beach.

Bristol, VA., Mayor: Blood on State’s hands over city’s financial troubles

Bristol Virginia’s mayor and a city councilman blasted state leaders, saying they’ve failed to listen and respond to city needs and the mayor blamed them for the city’s financial troubles resulting from The Falls development…

Dredging up money for Hodges' Waterway bills

Hs campaign for help clearing the shoaling channels watermen rely upon at one point during the General Assembly session prompted colleagues to propose naming a House subcommittee in Middle Peninsula Del. Keith Hodges’ honor. But it’s paid off…

Ongoing pollution can't trigger DEP fines, Pa. Justices say

The Pennsylvania Supreme Court on Wednesday rejected arguments from environmental regulators that the continued movement of pollutants through waterways constitutes a serial violation of the state’s Clean Stream Law, triggering ongoing penalties and costs…

ACLU plugs Municipal Broadband as net neutrality patch

The American Civil Liberties Union sent letters to dozens of mayors and other local leaders across the country on Thursday, urging them to look into municipal-run broadband networks as an alternative to using national internet service providers recently unfettered from net neutrality rules…

AT&T defends FCC Mobility Fund Map for underserved areas

AT&T Inc. is pushing back against mounting criticism of the Federal Communication Commission’s plan to map underserved areas eligible for federal wireless subsidies, arguing a robust challenge process will sufficiently address the few true shortcomings with the preliminary map…

Energy groups, greens slam utility's plea for emergency rescue

Groups representing certain energy sources are joining with environmentalists and others to criticize FirstEnergy Corp.’s request that the Trump administration rescue its coal and nuclear power plants…

Azar taps former CVS executive to help lower drug prices

Health and Human Services Secretary Alex Azar is tapping a former CVS Caremark executive to lead the agency’s efforts to lower drug prices…

Walmart in early talks to buy Humana: report

Walmart is reportedly in early talks to acquire healthinsurance company Humana, a move thatcould havehugeimplications for the retail giant while representing the latest major dealinvolvinghealth care services…

New chief of Purple Line construction promises a ‘transformational’ project

The line, which will connect Maryland’s spokes of the Metro system, is being built with a $5.6-billion public-private partnership, one of the most-far reaching such arrangements of any U.S. transit project…

Maryland Gov. Larry Hogan’s Amazon plan moves forward in legislature, barely

Several Maryland lawmakers wondered aloud Wednesday whether Gov. Larry Hogan’s huge incentive package to lure Amazon’s second headquarters is too generous — or whether it should be offered at all. But a House committee voted by a slim margin to advance the plan another step toward passage…

Peeps, pensions and a lawsuit threaten to upend the American retirement system

The company that makes Peeps wants to avoid paying a $60 million fee required under federal law before barring new employees from pensions. Union officials fear that if the company succeeds in escaping it, thousands of other firms will do the same…

In NC's struggling regions: 'Folks feel like they've had the hell kicked out of them’

My colleagues and I, from the NC Poverty Research Fund, spent much time last year in two very distinct communities — Goldsboro and Wilkes County. Our studies there indicated clearly that North Carolina’s economic recovery has not been widely shared…


Our view: Bristol Virginia has no one to blame but itself

Statements this week from Bristol Virginia Mayor Kevin Mumpower and Councilman Doug Fleenor suggesting that state leaders are responsible for the city’s sorry financial condition rank right up there with the most ridiculous tweets from President Donald Trump…

Medicaid expansion or an SCC appointment?

If you’re left-of-center in Virginia, which would you rather have: An expansion of Medicaid or a critic of Dominion Energy on the panel that regulates state utilities? That’s the choice that Gov. Ralph Northam thinks he faces, and he’s opted for the former. Some, though, think he can have both…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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