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Daily Clip 6/7/17
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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 .

 

Virginia’s Top Watchdog still serving in an interim basis: no timeline for official appointment

The biography page for Virginia’s state inspector general is blank, save for two words: “Under construction.” The page has been that way for months, ever since the General Assembly opted in early February to fire State Inspector General June Jennings over her office’s handling of…

Norfolk Airport officials were skeptical of People Express deal, audit says. Then Newport News Airport went for it

Norfolk International Airport officials may have dodged a bullet when they declined to enter into a deal with People Express airlines in 2011. Newport News/Williamsburg International Airport later inked an agreement with the now-defunct airline and is in the middle of a five-month controversy over the use of state funds to pay off a People Express loan…

D.C. and Virginia, bucking Trump, pledge to honor Paris Climate pact

The District and Virginia have joined a growing number of cities and states whose leaders are vowing to uphold the goals of the Paris climate agreement, despite President Trump’s announcement last week that the United States will withdraw from the accord…

Ferguson Enterprises to open new campus in Newport News, add 434 jobs

Ferguson Enterprises will expand its headquarters and build a new facility, the mayor of Newport News and the governor announced Monday. Gov. Terry McAuliffe said the plumbing supplies company, which is the nation’s largest plumbing wholesaler, will invest…

Richmond sues chemical companies, alleging price-fixing plot cost taxpayers $5 Million

The city of Richmond filed a lawsuit Monday against dozens of chemical companies, alleging that for years they conspired to inflate the price of a common additive the city uses to treat tap water. The scheme cost the city at least $5 million, according to…

Petersburg approves more water rate hikes

Petersburg City Council approved a second increase in water and wastewater rates the last two months. The council voted to raise the rates by 14.3 percent on Tuesday night, though with a caveat: the council will revisit the rate increase in January of 2018 if the city’s collection rate…

McAuliffe announces Mexican trade agreement, jabs Trump

Virginia Gov. Terry McAuliffe is announcing a new agreement with a state in Mexico to explore trade agreements and taking a jab at President Donald Trump…

Private equity dollars boosted Virginia businesses in 2016

Companies in Virginia received $14.7 billion in private equity funds in 2016, making it one of the states that took in the most in private equity investments last year...

Williamsburg considers raising some taxes to fund tourism

The City of Williamsburg has proposed increasing a series of taxes to raise money that would fund tourism projects. The plan to pay for the Tourism Development Fund, explained in detail by city manager Marvin Collins and staff at a council work session Monday evening, would increase…

Letourneau says ‘virtually zero’ chance General Assembly, localities will support Metro sales tax

Loudoun County Supervisor Matt Letourneau (R-Dulles) says there is “virtually zero” chance the General Assembly and nearby localities will back a one-cent regional sales to help finance the D.C. region's beleaguered Metro system. Letourneau, who serves as the vice chairman of the Metropolitan Washington…

Maryland Court of Appeals halts lower-court hearing on marijuana licensing

Maryland’s highest court on Friday intervened in a lawsuit that threatened to upend the state’s long-awaited medical marijuana program, but whether the state can move forward remains in question…

NC homeowners could have rooftop solar panels with leasing deals

North Carolina homeowners and businesses could soon be able to install rooftop solar panels without prohibitive upfront costs under a sweeping energy proposal moving through the state legislature this week…

House plan would give governor $85 million jobs fund with few strings attached

After spending the session peeling back what they deemed was taxpayer-financed “corporate welfare” in the name of jobs, the Florida House returns this week with a plan to replace those programs with a new $85 million economic development fund that gives Gov. Rick Scott exclusive control…

Despite gas tax, SC roads won't be fixed overnight

South Carolina’s gas-tax hike will take effect July 1, but it will take time — years, in some cases — before drivers will see orange cones go up at road-repair projects. In part, that is because the first priority will be on safety projects…

If insurers leave the State Exchange, New York Governor will ban them from Medicaid

Any insurers that leave New York's health insurance exchange will be banned from participating in the state's Medicaid program or contracting with any state agencies under regulations Gov. Andrew Cuomo announced yesterday. Cuomo also will make all insurers who do business on the state's exchange guarantee the 10 essential health benefits required by the federal Affordable Care Act…

Nevada is considering a revolutionary Health-Care experiment

The U.S. health-care system is, to put it mildly, in a state of flux. In the midst of all this activity there’s a new idea percolating up in Nevada: letting anyone without health insurance buy into the state’s Medicaid program. This would include people who…

EPA delays Obama air pollution rule by one year

The Trump administration is putting a one-year delay on implementation of a major Environmental Protection Agency (EPA) air pollution rule from the Obama administration…

FCC warned paperwork change may raise Pole rates

A Federal Communications Commission vote to nix a regulatory reporting requirement for carriers deemed unnecessary will likely lead to increased rates for pole attachments, an internet and television trade group warned Monday…

Why Trump can’t save coal

Here’s a controversial thought: What if President Trump’s decision to pull the United States out of the Paris Climate Accord doesn’t really mean anything? What if Trump’s decision neither liberates America to burn more fossil fuels (as his supporters hope) nor accelerates…

Massive ships highlight new era at the Port of Virginia

Too often trade is seen as a one-way deal with boxes coming from faraway lands. The reality is far different. For a Virginia manufacturer or farmer, the port is the gateway to growing international markets. And…

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