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Daily Clip 4/13/17
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TROUTMAN SANDERS

STRATEGIES

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 revenues up 5.7 percent in March, paced by income taxes

Virginia’s tax revenues grew by 5.7 percent in March, giving the state a modest budget cushion heading into the final quarter of the fiscal year. Through the end of March, total state revenues grew 4.6 percent for the fiscal year…

Admiral: Would be "very difficult" to move Aircraft Carrier Homeport from Norfolk to Florida

Despite pressure from Florida’s congressional delegation, the Navy’s top admiral said Wednesday it would be “very difficult” to find money to upgrade a base there so it could serve as a homeport for a nuclear-powered aircraft carrier…

Pulaski County’s Phoenix Packaging announces expansion

Phoenix Packaging announced a 145-job expansion Wednesday, bringing total employment above 600 and solidifying the manufacturer’s position as the second largest employer in Pulaski County, behind only Volvo Trucks…

Work and marketing continues for industrial park

Isle of Wight County is marketing an 82-acre site in the Shirley T. Holland industrial park nationally and internationally and is in discussion with three potential tenants…

APCO completes sale of Reusens hydroelectric plant near Lynchburg

Appalachian Power has finalized the sale of the Reusens hydroelectric plant on the James River near Lynchburg to a New Jersey renewable energy company. Appalachian said in a news release it…

Petersburg hires former Richmond City worker at center of 2016 State Police investigation

A former city of Richmond employee at the heart of a critical internal audit that led to a Virginia State Police investigation has landed a six-figure job in Petersburg on a provisional basis…

Author calls on federal prosecutors to investigate UVa admissions

The author who unearthed a list of “VIP” applicants at the University of Virginia is asking federal prosecutors to investigate the university administration for corruption. Jeff Thomas…

Virginia voters back restoration of One-Gun-A-Month limit, poll finds

Nearly two-thirds of Virginians support Virginia's former law that restricted handgun purchases to one a month, according to a Quinnipiac University survey out today. By nearly 2-to-1 respondents back increasing the number of people eligible for Medicaid coverage in Virginia, with…

Smithfield Foods to set up Bioscience division

The world’s largest pork producer wants to help grow skin and organs for human transplants. Smithfield Foods announced Wednesday that it has created a bioscience division to use the…

'Urban' Innsbrook project, World of Beer get go-ahead in Henrico

A development that could be the first step in urbanizing Innsbrook marched forward this week, while a new Short Pump tap house got the green light to brew its own beer...

Prince William commits more funds for minor league baseball stadium study

The County Board of Supervisors voted to spend $200,000 for a financial impact study on a new ballpark and parking garage for the Potomac Nationals at the…

Optimism high among chief executives of small to medium-sized businesses in region, survey shows

Optimism about the economic outlook has reached a seven-year high among CEOs of small and medium-sized businesses in central Virginia, according to one recent survey…

First lesson in draining 80 million gallons of garbage juice at regional landfill: It won't be cheap.

In a special meeting, the authority board approved contracts totaling about $1.9 million to begin hauling of the garbage juice away from the landfill. It will be the first phase – five months long – in a process that could eventually require SPSA to build its own leachate-treatment facility…

Council transfers The Falls parcels to city IDA

City leaders this week agreed to transfer a large segment of The Falls property to the Industrial Development Authority in anticipation of future development…

If ACC boycotts NC again, some legislators want UNC schools to withdraw from conference

After the ACC boycotted North Carolina over House Bill 2, a group of Republican legislators have filed a bill that would withdraw UNC system schools from any athletic conference that boycotts the state in the future...

Nurse anesthetists line up behind new bill

On Wednesday, the N.C. Association of Nurse Anesthetists released the results of a poll it commissioned, showing a majority of voters in the state support a pending bill. House Bill 88 includes provisions that would define the nurses’ duties and responsibilities, which…

Sick leave, marijuana licenses, possible vetoes — all on deck in General Assembly’s final week

The final week of Maryland's annual legislative session will feature veto showdowns and debate on some of the weightiest policy issues considered by the General Assembly this year…

Big Biz presses Trump to continue ACA subsidies

Top business groups, including the U.S. Chamber of Commerce, on Wednesday urged President Donald Trump and Congress to quickly ensure that billions of dollars in Affordable Care Act subsidies aren’t curtailed…

Tenn. agrees to suspend Out-of-State Sales Tax collection

Tennessee tax authorities won't enforce a law requiring out-of-state retailers to collect sales tax on purchases from inside the state as long as the tax is under challenge from…

US Chamber urges judge to keep Uber Union suit alive

The U.S. Chamber of Commerce told a federal judge Monday that its antitrust challenge to a first-of-its-kind Seattle ordinance allowing drivers for Uber and Lyft to unionize is on solid footing and the city has overblown…

Senators push FCC to boost fund for Rural Broadband

A bipartisan group of more than 50 lawmakers on Tuesday urged the Federal Communications Commission to do more to continue deploying broadband in high-cost rural areas so that Americans…

The Sunset-OptiNet saga: A story of hope, money and time

The Sunset-OptiNet deal is playing out much more like a soap opera than anyone originally thought. If the details of the lengthy, gasp-inducing chronicle between…

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