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News & Press: 2018 Economic Development News

TSS Today's Clips-Thursday, April 26

Sunday, April 29, 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.

 

Group buys Colonial Downs for more than $20 million, promising to revitalize Virginia horse racing

Chicago-based Revolutionary Racing officially bought Virginia’s Colonial Downs race track Wednesday for more than $20 million, touting the purchase as a major step toward reopening the shuttered facility and revitalizing Virginia’s dormant horse racing industry…

VA. Governor says tree sitters’ Pipeline protest is ‘unlawful,’ cities health concern

Gov. Ralph Northam said Wednesday that it’s “unlawful” for a mother and daughter to sit in trees and block a natural gas pipeline across their property outside Roanoke, and that he’s particularly worried about the older woman’s health. But Northam stopped short of saying…

State agency to work with hospital association on improving Virginians’ health

Virginia Department of Health (VDH) has formed a partnership with the Virginia Hospital & Healthcare Association (VHHA) aimed at improving the health of the commonwealth’s population. The initiative, called Partnering for a Healthy Virginia, will coordinate efforts between…

State takes action against King George for sewage violations

A state agency that monitors the sewage that’s released from King George County Service Authority wastewater treatment plants into local creeks and waterways is taking action against the county for repeat violations…

Is megasite incompatible with county zoning?

As the Planning Commission prepares to consider the EDA’s zoning case next month, however, there remain several unresolved issues – one of which has particularly captured the attention of thousands of Chesterfield residents who live around the proposed megasite…

The Prince William Board of County Supervisors approved a $1.2 billion budget Tuesday that kept the residential property tax rate the same and left out a proposal by board Chairman Corey A. Stewart (R) to nearly triple the rate of taxes paid by computer data centers…

New broadband initiative will expand access to thousands on Va. Shore

Thousands of people on the Eastern Shore of Virginia and in Garrett County, Maryland are set to have broadband access, according to an announcement made jointly Tuesday by Declaration Networks Group Inc. and Microsoft Corporation. The two companies announced an agreement to deliver broadband access to around 65,000 people in the two regions over the next…

Virginia Governor encourages people to buy flood insurance

The state government is encouraging people to buy flood insurance regardless of where their house is located, but local insurance professionals say having it is often a matter of personal preference…

Virginia’s first needle exchange could open this year, as localities seek support for the programs

The state’s first needle exchange program could open in far Southwest Virginia later this year, part of an effort to curb the spread of infectious diseases — in particular, hepatitis C — brought on by the opioid epidemic…

Surry-Skiffes Creek transmission line construction on schedule

The Surry-Skiffes Creek transmission line project is moving ahead as scheduled, with preparations underway to build the string of transmission towers across the James River…

Mothballed reactors: Fight over South Carolina utility fees

The South Carolina House on Wednesday insisted a utility cut its rate by 18 percent to eliminate a fee customers are paying for two nuclear plants that were abandoned before generating a watt of power…

Anthem sees profits rise after scaling back participation in ObamaCare

The company announced last year it would sell fewer ObamaCare plans in 2018, citing uncertainty and instability in the markets. Instead, Anthem has focused on growing its Medicare Advantage business…

Tobacco Cos. settle long-running health warning dispute

Major tobacco companies and the federal government on Wednesday told a D.C. federal judge they have agreed on language for “corrective statements” on tobacco product websites and packaging, ordered more than a decade ago to…

FDA announces nationwide crackdown on e-cig sales to kids

The Trump administration on Tuesday announced a nationwide crackdown on the sale of e-cigarettes to minors.The Food and Drug Administration (FDA) has already issued 40 warning letters to retailers who have violated the law…

Kansas Governor signs bill creating task force to bring Broadband to every corner of the state

Gov. Jeff Colyer was in Salina Tuesday to sign a bill into law creating a task force that will map locations across the state where broadband connectivity is problematic and develop plans for addressing those needs...

Expand gambling in Florida? Lawmakers fold, will let voters decide

Voters will decide in November whether they, or the Legislature, should have the power to decide if parimutuels can add slot machines…

Gov. LePage defies law, Maine voters on Medicaid expansion

But LePage doesn’t seem to mind contravening the will of the people. As he navigates his last year in office (he’s term-limited in 2018), he’s refusing to implement a ballot initiative approved by 59 percent of Maine voters last November aimed at forcing a Medicaid expansion that LePage has blocked throughout his tenure…

The Carbon Tax could come soon to a State near you

Despite recent setbacks in state legislatures, this year's carbon tax push has been the most successful in American history and demonstrates that it is a policy which has carved a place in our political landscape…

What Opportunity Zones mean for America's poorest neighborhoods

These opportunity zones are designed to lure investment to the nation’s poorest urban, suburban, and rural communities with a powerful tax incentive. By the accounts of some experts…

Lawmakers should pursue vehicle mileage tax to save Highway Trust Fund: study

The American Action Forum (AAF) makes the case for a mileage-based tax and provides other suggestions for a long-term fix to the ailing fund, which pays for road projects and is headed for another shortfall at the end of 2020…

U.S. States remain debt averse despite low rates

U.S. states still have plenty of room to run up their debts. Or at least most of them do. States’ tax-supported debt rose just 1.2 percent to $522 billion in 2017, the fifth straight year of growth below 2 percent…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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