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Daily Clip 8/29/17
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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 declares Bristol as 1 of 4 Cities in financial distress

Bristol, Virginia is one of four financially distressed localities cited last week by the Virginia Auditor of Public Accounts. Bristol Virginia is “City A” as mentioned last week when Auditor of Public Accounts Martha S. Mavredes spoke during a meeting with the state’s new…

Port of Virginia gets visit from biggest container ship to ever call on the East Coast

Back in May, the increasingly bustling Port of Virginia marked a milestone when the COSCO Development pulled in, then the largest container ship to ever call the port and the East Coast. Since then, vessels even larger than the…

McAuliffe, Hogan, Bowser agree with LaHood that Metro Board should shrink

Former U.S. transportation secretary Ray LaHood urged the Washington region’s top elected officials Monday to tackle Metro’s problems by appointing a temporary “reform board” of five members to replace the transit system’s existing 16-member governing body…

'Trench' option under Ashland emerges in Federal Rail talks

A new option is on the table for how a federal railroad project could play out in the Ashland area, and a regional committee set four others aside. But consensus for a top choice remains elusive as the deadline for a recommendation approaches…

Bowser, McAuliffe and Hogan schedule a trade mission to Canada

The leaders of D.C., Maryland and Virginia are finally taking their show on the road. Mayor Muriel Bowser, Maryland Gov. Larry Hogan and Virginia Gov. Terry McAuliffe, a trio accustomed to competing for every economic development dollar, announced on Monday a joint trade mission…

Business, civic leaders to gather for GO Virginia caucus

Local legislative, business and civic leaders will gather in Harrisonburg on Wednesday for a Regional Rural Caucus meeting that will tackle several pressing issues facing the central Shenandoah Valley and surrounding areas…

Towne Insurance acquires another North Carolina agency

Virginia Beach-based Towne Insurance has continued to expand outside of Virginia with the announcement it is acquiring an independent insurance agency in North Carolina...

Deschutes opens downtown Roanoke tasting room

While its massive brewery at Blue Hills Drive is still a few years away, Deschutes Brewery is set to begin production on a much smaller scale this week…

Construction of long-awaited Purple Line begins in Prince George's

As Maryland Gov. Larry Hogan stood on a stage in Hyattsville Monday — with a handful of Purple Line backers and local officials behind him, all sporting purple ties for the occasion — it was clear they were there to celebrate a milestone

Tech groups back Microsoft's 'white spaces' Broadband Plan

A trade group representing prominent tech companies including Apple, Google and Amazon has urged the Federal Communications Commission to approve a plan advanced by Microsoft to allocate TV-band spectrum for expanding rural broadband service…

Kasich, Hickenlooper reach deal on ObamaCare markets

Govs. John Kasich of Ohio (R) and John Hickenlooper of Colorado (D) announced Monday that they have reached an agreement on a bipartisan proposal to stabilize ObamaCare markets. The governors, who have been calling for bipartisanship on healthcare…

Large companies unveil principles for globally competitive tax system

A coalition of large companies on Monday released a policy paperlaying out its principles for makingthe U.S. tax system globally competitive. The paper from the Alliance for Competitive Taxation (ACT) warned Congress against two ideas that have been floated as possible…

Wolf to GOP: State's finances will soon be 'much more dire

Democratic Gov. Tom Wolf warned House Republican leaders Tuesday that failing to fully fund the state budget will put Pennsylvania in "a much more dire financial situation" in the coming weeks...

Report says Nebraska's business tax incentives are net loss for state

Two key lawmakers strongly backed Nebraska’s business tax incentives Friday despite an analysis showing that the incentives are a net drain on state tax coffers. Both questioned whether the analysis, done by the Nebraska Department of Revenue, considered all of the benefits from incentives…

USDA sued over delays to Federal Food Labeling law

The U.S. Department of Agriculture has failed to publicly release a study about a 2016 federal law establishing a nationwide labeling system for genetically engineered food, likely delaying the law’s…

Unusually similar candidates in divided Virginia House district

In a state where all the races are serving as proxies for partisan wars in Washington, the 12th is a key battleground — targeted by Democrats as one that can be flipped from Republican control…

Attorney General Herring attacks GOP challenger Adams in TV ad

State Attorney General Mark R. Herring is attacking GOP challenger John Adams in a TV ad over his defense of banks and corporations that get in trouble with the federal government. The Adams campaign responded that…

Herring unveils new Virginia military and veteran legal resource guide in Ashburn

Attorney General Mark Herring (D) unveiled the new Virginia Military and Veteran Legal Resource Guides at the Loudoun Department of Veterans Services Monday. The legal resource guide will help service members…

Are electric cars doomed to fail … again?

Industrial Policy: After years of heavy promotion and billions in taxpayer subsidies, plug-in electric cars remain a tiny niche market. And now it looks as if they could lose out to an energy source nobody talks about — hydrogen…

Hampton Roads needs more environmental and cost-effective options to handle its trash

The old saying that “if something sounds too good to be true, it probably is” applies to many things in life. Even garbage. That’s the lesson learned after the Southeastern Public Service Authority decided Wednesday to end its deal with a South Carolina company that had promised…

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