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News & Press: 2018 Economic Development News

TSS Today's Clips-Thursday, April 5

Thursday, April 5, 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.

 

Virginia raises larceny threshold for the first time since 1980

For the first time since 1980, Virginia has increased the monetary threshold for grand larceny, a felony offense that can carry a year or more of jail time. Gov. Ralph Northam, a Democrat, on Wednesday signed…

Northam orders upgrade of DEQ amid criticism from pipeline opponents

Gov. Ralph Northam moved Wednesday to strengthen a state agency dealing with the construction of two natural gas pipelines, a cleanup of the Chesapeake Bay and other environmental challenges. In his sixth executive order since taking office…

Gov. Northam signs Richmond school facilities bill

The Richmond school facilities bill taken up by the General Assembly has crossed the finish line. Gov. Ralph Northam has signed Senate Bill 750 from…

Supervisors contend with a growing force – opponents of the megasite

“No megasite! No megasite! No megasite!” The chant rained down on Chesterfield County’s supervisors as they made the short walk from the county administration building to the Public Meeting Room late Wednesday afternoon…

Framatome moves headquarters to Lynchburg

Framatome’s North American headquarters now is in Lynchburg. Virginia Gov. Ralph Northam visited the facility to help make the announcement and welcome the company back to Central Virginia…

Residents to give input on 33/29 fix

Greene County drivers will get the chance Thursday night to give the Virginia Department of Transportation input on the proposed $10 million project to fix the intersection of U.S. 29 and 33 in Ruckersville…

VABeachBio Park construction will begin by fall; 200 challenge submissions received

It’s been four years since Virginia Beach Mayor Will Sessoms announced a biosciences initiative. Now finally, the public will notice construction on the first building in the VABeachBio Innovation Park in late summer or early fall…

Science Museum of Virginia plans new parking deck, green spaces

Construction of a four-level, 400-space parking deck at the Science Museum of Virginia could begin by the end of the year. The plans, which currently are in the concept stage, also call for turning the existing parking lot in front of the two museums into a park-like green space…

Scott County judge garners State Bar’s highest rating for Federal judgeship

A Virginia State Bar panel that reviewed applications for a Roanoke-based federal judgeship gave its highest marks to Scott County Circuit Court Judge John Kilgore. The panel ranked eight applicants…

Maryland legislators approve record-breaking package to lure Amazon

Maryland legislators on Wednesday approved the biggest incentive package, by far, in the state’s history, part of an effort worth up to $8.5 billion to lure Amazon to Montgomery County to build its second headquarters….

Has Amazon visited? Probably. But let's talk about Apple, too.

NC Commerce Secretary Tony Copeland wouldn't confirm or deny reports that Amazon has visited the Triangle for HQ2 search. Meanwhile, Richard Burr says Apple is seriously interested in NC, too…

States target consumer issues as federal oversight eases

States such as Pennsylvania and Virginia are targeting student-loan servicing, payday lending and other financial services, areas where federal consumer regulators are easing oversight under Trump-appointed leadership…

FDA wants better control of online opioid sales

The Food and Drug Administration called on internet service providers and social media sites including Facebook Inc. and Twitter Inc. to more carefully police online sales of illegal opioid drugs…

Governments increasingly tax Uber and Lyft for transit revenue

But from a tax policy point of view, these types of taxes and fees aren't new and shouldn't come as a surprise. The Urban Institute's Richard Auxier says that if a city has a track record of expanding its sales tax to services, ride-sharing is a natural target…

The Broadband boost Small-Town America needs

Publicly owned internet networks are giving some rural regions an advantage over even the techiest big cities. Verizon, Comcast and other big internet providers don’t like localities encroaching on their business, and they have gone to court to stop public broadband networks from being established…

The controversy surrounding a fast-growing Clean Energy loan program

By the numbers, the home loan program PACE -- or property assessed clean energy -- is one of the most successful tools for helping property owners pay for otherwise expensive clean energy and environmental upgrades. Two governments in California abruptly shut down their PACE programs last summer, citing concerns from mortgage lenders and realtors…

EPA shifts some CWA oversight from regions to DC

The U.S. Environmental Protection Agency has moved to give more oversight of Clean Water Act permitting decisions to leaders in Washington, D.C., transferring authority that had been reserved for regional offices, according to a memo released Wednesday…

Breach notification expands to 50 States with Alabama law

Businesses will now have to notify consumers in all 50 U.S. states of significant data breaches, after Alabama recently joined every other state in putting on the books a relatively stringent breach reporting law that will give companies 45 days to disclose such incidents and require them to implement reasonable data security measures…

Should college education be free?

Supporters of tuition-free higher education say it is an investment that benefits all Americans. But opponents say expecting taxpayers to shoulder the cost is unfair…

Virginia’s unhappy hour

If beer is proof that God loves us and wants us to be happy, then Virginia’s happy hour restrictions don’t bode well for the government’s benevolence. The state’s strict prohibitions violate…

Proposed Mental Health Court fills a needed gap

If you’ve ever seen some with mental illness struggling to understand what is happening to him or her in a court-room, or watched agonized prosecutors and judges seek justice in such a case, you’ll know that Newport News…

Gas floor tax will add needed revenue

We urge Gov. Ralph Northam to sign the regional gasoline-tax legislation sitting on his desk that would generate much-needed new revenue for transportation in the Fredericksburg area. The legislation (HB768) sets a minimum, or floor, on the per-gallon price to which the regional gas tax applies…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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Troutman Sanders Building

1001 Haxall Point| P.O. Box 1122

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