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News & Press: 2018 Economic Development News

TSS Today's Clips-Monday, April 30

Monday, April 30, 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.

 

Two state lawmakers publicly oppose Chesterfield megasite

Two prominent Republican state lawmakers announced their opposition to the proposed industrial megasite in Chesterfield County this week, dealing a blow to the project shepherded by former Gov. Terry McAuliffe…

DEQ: Solar farm plan incomplete

A state agency needs more information about how a proposed solar power field in Mount Jackson could impact historic resources before the project can move forward. The Department of Environmental Quality notified the…

McKinsey is big in bankruptcy—and highly secretive

The hearing in a Richmond, Va., federal bankruptcy court was jammed. Alpha Natural Resources Inc., a coal producer, had filed for chapter 11 protection, and dozens of creditors were there to find out how the company’s assets would be divvied up. The company and its advisers…

With new state budget still in limbo, GOP senators launch re-election fundraisers

Virginia’s GOP-controlled state Senate hasn’t begun to consider a new two-year budget following a standoff between House and Senate Republicans over health care, but senators are occupying their time in other ways before and after…

VA. tweaking I-66 Toll pricing algorithm

Virginia is making changes as soon as the next few weeks that could lower rush-hour toll prices for some solo drivers on Interstate 66 inside the Capital Beltway…

Maryland rakes in millions of dollars from toll fines and penalties

Maryland’s stepped-up efforts to collect unpaid tolls are raking in millions of dollars for the state — outpacing the growth in toll revenue itself. State lawmakers and consumer protection groups say the crackdown…

Some old hands depart as Northam seeks to leave own mark on state bureaucracy

State employees will lose a familiar hand and strong voice at the rudder of Virginia's personnel system. The Virginia Lottery hasn't looked this different since Lady Luck hung up her wand five years ago. And Virginia's…

GOP could hand VA.’s low-profile Lieutenant Governor big opportunity in Medicaid battle

Justin Fairfax gets to do two things as Virginia’s lieutenant governor — preside over the state Senate and take over if the governor can’t finish his term. With Gov. Ralph Northam (D) alive and well, that leaves Fairfax with a largely ceremonial gig in the Senate…

Casino-style gambling is coming to Virginia. Here's what happens next

For a historically conservative state that has resisted the neon allure of casinos, Virginia seems headed for a gaming boom. And New Kent County, a rural but growing area east of Richmond that is home to almost 22,000 people, may be the epicenter…

How Stoney’s education initiative has failed to deliver a Richmond school facilities upgrades plan

Richmond Mayor Levar Stoney’s signature education initiative has failed to deliver on its most pressing task since elected officials approved the measure in August alongside promises to work better together…

How Virginia Beach plans to save a program that protects farmland

A farm preservation program that was left out of the city’s budget proposal could continue under a plan supported by the Agricultural Advisory Commission. Virginia Beach’s Agricultural Reserve Program is a state model for supporting the industry…

Developer plans $20M warehouse project at Chesterfield industrial park

A local development firm behind some of the largest distribution centers in the region is ready to strike again…

Legal feud over HDL intellectual property settled before trial

A battle over inventions and patents of the defunct blood testing firm has come to an end, nearly three years after it collapsed into bankruptcy…

Maryland DOT pulls I-495/1-270 Managed Lanes Project advisor contract

The Maryland Department of Transportation withdrew an advisory contract for the I-495 and I-270 Managed Lanes P3 project due to questions raised about an expedited and untested procurement process…

Arch Coal must challenge Black Lung bulletin at DOL

The D.C. Circuit on Friday ruled Arch Coal Inc. can't challenge a U.S. Department of Labor bulletin on black lung claim liability in federal district court, saying the coal producer must first go through the DOL's administrative review process, followed by a federal appeals court…

Delaware is dead set on putting your state's Broadband to shame

Delaware is a national leader in broadband adoption and speed. However, the state is not resting on its laurels, and the chief information officer has a plan to bring broadband connectivity to rural areas using high-speed wireless technologies…

Sprint and T-Mobile agree to merge, in bid to remake wireless market

The two companies are betting that regulators will finally allow the American wireless market shrink to just three national players…

Banks poised to win Dodd-Frank changes

Banks areclose to winning long-sought relieffrom strict regulations imposed after the 2008 financial crisis. Congress isnearthe passage ofa bipartisan deal to exempt dozens of banks from parts of the Dodd-Frank Act of 2010…

Tax pros excited about Opportunity Zones but want clarity

While a new program created under the federal tax overhaul that aims to provide tax benefits to investors for building and creating jobs in low-income areas is expected to succeed, many tax experts want more guidance from the IRS before projects are planned and executed…

Senate GOP leaders hold out against the inevitable

Republicans in Virginia’s State Senate — some of them, anyway — seem intent on fighting to the last man or woman against Medicaid expansion. Their stand looks increasingly futile…

Schapiro: In health-care fight, delay is a synonym for destroy

In Virginia's slo-mo fight over health care, delay is a synonym for destroy. For four months, Gov. Ralph Northam, a Democrat, and the divided Republican majority in the General Assembly have been huffing, puffing, bluffing, guffing, and duffing over Medicaid expansion…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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