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News & Press: 2018 Economic Development News

TSS Today's Clips-Thursday, April 12

Thursday, April 12, 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.

 

Northam presses advantage as General Assembly convenes to settle budget dispute

The lawmakers’ message to the governor early Wednesday afternoon was they had completed the procedural minuet to convene a special session to finish the work of adopting a two-year budget. His message to them was hopeful…

Medicaid, budget talk brings tension to General Assembly Special Session

The first steps on a path to end Virginia’s budget impasse started with procedural niceties and a long closed-door meeting of Senate Republicans upset by one senior colleague’s break with the caucus stand against Medicaid expansion. But internal tensions…

5 Medicaid expansion scenarios could play out in reconvened Virginia General Assembly

Lawmakers returned to Richmond on Wednesday to regroup and address the idea of Medicaid expansion in the biennial budget. The session, which lasted less than two hours, was largely procedural to allow the budget to move forward…

Northam signs bill aimed at easing access to health care for small business owners

Gov. Ralph Northam has signed into a law a new health care bill that may help small business owners access health care. Senate Bill 672, proposed by Sen. Creigh Deeds, D-Bath, will allow self-employed people to access health insurance plans on the small group business marketplace without hiring additional employees…

Bar groups announce Federal Judge choices

Two more bar groups have announced their recommendations for filling the judgeship of U.S. District Judge Glen E. Conrad of the Western District of Virginia. The Virginia Bar Association listed its endorsements in alphabetical order…

MVP plans to extend its natural gas pipeline into N.C.

What has been a long and contentious process of building a natural gas pipeline through the two Virginias is about to get even longer. Mountain Valley Pipeline LLC announced Wednesday that it plans an extension of the 303-mile pipeline currently under construction…

Acquisition of Evatran by China-based company 'off the table' due to regulatory environment

The planned acquisition of a Richmond-based maker of wireless charging stations for electric vehicles by a Chinese automotive company has fallen through…

Chesterfield ‘megasite’ pitched, scrutinized at meetings

Chesterfield County residents are weighing in on the latest plans for a proposed industrial megasite that proponents are betting would lure a major employer to the region…

Projects to grow economic development in Western Virginia get state funding

Three projects aimed at boosting economic development in Western Virginia received state funding this week in the latest round of approvals through the GO Virginia initiative…

Port of Virginia leader cites steady gains, a future on track

Not that long ago, the challenge facing port leaders planning to expand their two biggest container terminals was likened to changing a tire while going 60 mph…

Nelson backs plan to help train workers for beverage industries

The Nelson County Board of Supervisors has agreed to provide more than $42,500 in in-kind contributions as part of a grant application that leaders hope will lead to workforce development opportunities for the craft…

Regulators consider relaxing Capital Rule for big banks

Two major federal banking regulatory agencies Wednesday proposed relaxing capital requirements placed on large U.S. banks, a move they say could free up $400 million worth of capital for the banks’ holding companies…

NC lawmakers say don't rush to break up large school districts

A state legislative committee adopted a report saying additional study is needed before the General Assembly considers any future legislation allowing the public to initiate the break up of North Carolina school districts…

Uber is launching a rental car service inside its app

Uber is launching a rental car network in partnership with Getaround, the ride-hailing company announced yesterday.San Francisco-based Getaround lets users find and instantly book vehicles from private car owners, all through a mobile app. The new Uber Rent platform…

HP hashes out new strategy to target booming pot business

HP Inc. hopped on the pot bandwagon, offering a more official way to process all that cash dispensaries are collecting. The computer maker will sell a…

L.A. County wants to help build guest houses in backyards — for homeless people

Now, Los Angeles officials want to turn NIMBYism on its head — by paying property owners to put houses for homeless people in their backyards…

Many working people could lose health coverage due to Medicaid work requirements

Recent Trump Administration guidance for the first time lets states take away Medicaid coverage from people who are not working or participating in work-related activities for a specified number of hours each month. The guidance allows states to impose work…

FTC won't toss La. Real Estate Board fee case

The Federal Trade Commission refused on Tuesday to throw out an antitrust enforcement action against the Louisiana Real Estate Appraisers Board over its recent regulation controlling appraisal fees, ruling that the state does not have enough involvement with the regulation to shield the board with immunity under the so-called state action doctrine…

Expanding Medicaid is financially risky

Members of the Virginia General Assembly returned to Richmond for a special session in an attempt to do what they failed to do during their regular 60-day session: pass a biennial state budget. Then and now, the main sticking point is Medicaid expansion, which…

Thompson: Massive cigarette tax increase will have predictable outcome

This month the Richmond City Council will decide on whether to approve a massive new cigarette tax. Throughout the debate, tax supporters have undersold both the extreme price jump the proposal represents and the likely and profound harm to local businesses if Richmond’s experience is similar to other jurisdictions…

More "outside group" influence in Virginia

Far be it from us to criticize young people’s participation in the democratic process or the idealism of youth. So it was heartening to see a recent story in The Washington Post about students at George Mason University encouraging their peers to register to vote…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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