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News & Press: 2018 Economic Development News

TSS Today's Clips-Wednesday, April 18

Wednesday, April 18, 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.

 

House of Delegates adopts its version of the budget, backing Medicaid expansion

The drama over Medicaid expansion is gone in the Virginia House of Delegates, but plenty of action awaits in the Senate. The House adopted a new version of its old budget — with a few notable exceptions — on Tuesday with little debate and few changes…

Sen. Bill Stanley announces panel to address Virginia’s 'obsolete' school buildings

A state senator from rural Southside Virginia is finding common cause with Richmond in fixing deteriorating school buildings. Sen. Bill Stanley, R-Franklin County, announced Tuesday that he will create a subcommittee to address concerns about “obsolete” school buildings across the state…

Ballad Health announces layoffs in wake of merger, poor financials

Ballad Health is eliminating about 150 occupied positions and phasing out about 50 vacant jobs, the company announced Tuesday. Those totals are less than previous estimates issued before Mountain States Health Alliance and Wellmont Health System finalized the February merger of its 21 hospitals and nearly 15,000 employees…

Metro reforms fall short of original vision

For the past two years, a chorus of regional elected officials, business leaders and other advocates said Metro should get additional money only on condition that far-reaching reforms were adopted to improve the transit system’s governance and management. It seemed that every month yielded a new study or pronouncement calling…

'We need to do better': Chesterfield planning commissioners grill megasite applicants

Chesterfield County’s Planning Commission grilled members of another arm of the county Tuesday: economic development officials who want an industrial “megasite” in the southeastern part of the county. Commissioners came with pages of questions that…

Appian to move HQ to Tysons, add 600 jobs

Floyd County's Crenshaw Lighting plans to double in size - again

Riverside Health breaks ground for new Yorktown rehab center

ACA International will invest $52 million for Virginia Beach data center

Appomattox County supervisors OK tax rates, incentives for broadband expansion

The county also took another step toward broadband expansion for its residents when supervisors unanimously approved a motion to allow the Economic Development Authority to engage in an agreement to grant tax incentives to Central Virginia Electric Cooperative…

A third set of short-term rental rules is now under consideration

There are now three different proposed ordinances for the regulation of short-term rentals, and City Council said they would like to pick one and vote on it in next month…

Bob Lawson, W.M. Jordan co-founder, leaves lasting mark on Peninsula

Robert “Bobby” Lawson, the co-founder of Newport News-based W.M. Jordan Co. who was known for building multiple Peninsula landmarks, died April 11 at age 91. Lawson, who joined the late William M. Jordan in starting the general contracting company in 1958, saw more than $15 billion in construction projects completed under his leadership…

GOP maneuver could roll back decades of regulation

Republicans are preparing to open a new front in their push to roll back regulations across the government, using a maneuver that could enable them to strike down decisions by federal agencies that reach back decades…

State pushback of Grid Policy vexes FERC Commissioners

Federal Energy Regulatory Commissioners defended their unanimous decision to reject a controversial plan to pay coal and nuclear power plants for contributing to grid resiliency at a House energy panel hearing Tuesday, though they didn’t…

Professionals predict win for South Dakota in Wayfair case

The Supreme Court is likely to side with South Dakota in the remote sales tax case, professionals at a Retail Industry Leaders Association conference said Tuesday, the same day the justices heard oral arguments in…

$2 billion toll road closer to construction after fed scientists weigh in on mussels

Building N.C. 540 across southern Wake County would not threaten the existence of two endangered species of mussels — dwarf wedgemussel and yellow lance — that live in Swift Creek, according to the U.S. Fish and Wildlife Service…

Billionaire wants to turn NC congressional seats blue: 'A fight for the soul of America'

Billionaire Tom Steyer plans to spend millions to turn out millennial voters in North Carolina's 9th and 13th Congressional districts. He spend money in Virginia last year to do the same and the state saw heavy turnout by young voters…

Missouri governor, still defiant amid calls for his resignation, faces new accusations

The state’s attorney general said his office had evidence that Gov. Eric Greitens had used his charity's donor list for political fundraising — a probable felony…

Justices drop Microsoft warrant row, but fight far from over

Recently enacted federal legislation permitting prosecutors to reach user data stored abroad may have dealt the knockout blow to a U.S. Supreme Court dispute involving Microsoft, but the ability for service providers to continue to challenge international data grabs…

Use incentives, not grants, to spur Broadband growth

While wireless 5G is the future of broadband internet, most people in the present — especially in rural areas — rely on slower, wired fiber. Investment is needed to expand broadband access to more Americans, but thus far government proposals are tilting too much toward giving away the farm...

Battle of the budget heats up in Richmond

The General Assembly meets again today in special session to try and pass a state budget. It’s not going to be easy. Gov. Ralph Northam and the House want to tax hospitals to pay for a major expansion of Medicaid, while the state Senate wants to cap the number of new Medicaid enrollees while…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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