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News & Press: 2018 Economic Development News

TSS Today's Clips-Wednesday, July 11

Wednesday, July 11, 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.

 

Virginia Regulators accuse Mountain Valley Pipeline of erosion violations

Virginia regulators have accused the builder of the Mountain Valley Pipeline of environmental violations punishable by fines and repair mandates, saying the company’s failure to install and maintain erosion-control devices has fouled 8,800 feet of streams in six locations…

Local Delegation raises concerns over planned Hospital Tax

Poindexter said he believes hospitals affected by a new tax will pass those costs on to consumers. The planned hospital tax was put in place to help fund Virginia’s portion of the costs for Medicaid expansion…

Dominion increased political spending while pushing for law

Dominion Energy's tenfold increase in spending to influence Virginia politicians was prompted by the spread of "fake news and propaganda perpetuated by anti-energy groups," a company spokesman said…

Parents fear proposed regulations could jeopardize co-op preschools in Virginia

Parents say requirements under consideration by the Virginia Department of Social Services could inflate tuition costs, change the dynamic of cooperative preschools and possibly force some to close…

Virginia climbs, Maryland tumbles on CNBC's top states for business rankings

Virginia scored high in workforce (No. 3), education (No. 6) and business friendliness (No. 5). Maryland fell six spots to No. 31 on the list after moving up 11 spots combined the prior two years, including five spots last year…

Former Telvista building drawing interest; IDA approves negotiation of potential sale

The Danville Industrial Development Authority has authorized its chairman Neil Morris and city attorney Clarke Whitfield to negotiate the sale of the former Telvista building for an estimated $6.12 million…

Henrico Supervisors appoint Harvey Hinson to fill vacant Board seat, set Nov. 6 Special Election

Nearly a month after Henrico County Supervisor Courtney Lynch announced her resignation, Henrico’s Board of Supervisors started the process Tuesday of scheduling a special election for the Brookland District supervisor position and made an interim appointment to fill the vacant seat…

Fredericksburg Council approves preliminary deal to move Potomac Nationals

The Fredericksburg City Council voted 7-0 Tuesday to approve a preliminary agreement with the Potomac Nationals to relocate the minor league baseball team to the city…

State agency objects to federal preference for Amtrak station to leave Ettrick

Officials with the state agency overseeing railways in Virginia are doubling down on their desire to see an Amtrak station slated for possible relocation to Colonial Heights remain in Chesterfield County…

Contractor dispute on old Ramada Inn project

A dispute between contractors involved with the restoration of the old Ramada Inn building arose last week when a lien was placed on the property by Midlothian-based E-Com LLC, alleging that the main contractor on the project, C.A Harrison Companies LLC, had not paid them…

DMV adds veteran indicator to driver's licenses and IDs

Military veterans no longer need to carry a second identification card to access discounts thanks to Virginia legislation that went into effect July 1. The law combined the stand-alone veteran IDs with the driver’s licenses and ID cards already being carried…

Supervisors approve county code change related to sales tax bill

The James City Board of Supervisors OK’d an amendment to the county code to redirect transient occupancy tax revenue to the Historic Triangle Marketing Fund Tuesday. The change comes as part of Senate Bill 942, which establishes the Greater Williamsburg Chamber and Tourism Alliance’s Tourism Council,…

Port of Baltimore plans expansion for growing car shipments

After more cars and light trucks came through the Port of Baltimore in May than any month before, port officials are planning to turn an unused basin into a storage facility to handle the growing vehicle shipments...

Lawsuit: Gov. Justice's coal companies didn't fulfill coal contract

Two coal companies owned by Gov. Jim Justice’s family breached a contract with an exporting company, according to a complaint filed in federal district court last week. Both businesses are based in Roanoke, Virginia…

Majority of D.C. Council moves to overturn tipped-wage ballot measure

A majority of the D.C. Council on Tuesday backed repeal of a ballot measure approved by voters last month that would force businesses to pay more to servers, bartenders, bellhops and other hourly workers who depend on tips.

DC council member introduces bill to ban plastic straws

This bill does not propose an outright banon straws in D.C., but Evans said vendors should opt for a recyclable replacement. Washington is the latest U.S. city to consider prohibiting plastic straws…

California is front line in fight over tech regs

The moves have the tech and telecom industries worried that other states will adopt California’s tough approach, and they are mobilizing against the forthcoming rules. Consumer advocates, meanwhile, are vowing to defend them, setting the stage for a showdown…

Pfizer postponing price hikes after Trump criticism

Pfizer announced on Tuesday it was postponing its price hikes on certain drugs after criticism from President Trump, who earlier in the weekblasted the companyfor raising costs of certain products…

Startups lead a new rush into Obamacare's now-profitable markets

Republicans remain eager to gut the Affordable Care Act, but some health plans say there’s no time like the present to be in the Obamacare business...

After Medicaid ruling, most States hit pause but some proceed

Work requirements failed their first court test, in Kentucky. The case leaves the legality of other states' policies uncertain, but some of them are moving forward with business as usual anyway…

What employers want from Cities

There are various dueling popular narratives about what drives economic growth in a city or region. One narrative focuses on business climate factors such as taxes and regulation. Others stress the importance of locally available talent or affordable housing and commercial property. But the reality is that economic growth is multi-factorial…

Schapiro: Farrell flexes his muscle - again

Tom Farrell isn’t the first chief of the local electric utility who wants to light up Jackson Ward. Thirty-six years ago, Justin Moore, the winsome chairman of what at the time was called Dominion Virginia Power, teamed with Henry Marsh, Richmond’s first African-American mayor, to launch Richmond Renaissance…

Send useless tax credits to the recycling bin

What happens if the state creates a tax credit and no one uses it? In a sensible state, leaders would decide to clean up the tax code by eliminating the credit. And that’s exactly what Virginia might do…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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