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News & Press: 2018 Economic Development News

TSS Today's Clips-Friday, November 16

Friday, November 16, 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.

 

Environmental groups slam Northam decision to replace Air Board members prior to vote

Gov. Ralph Northam is removing two members from the State Air Pollution Control Board, a move that comes less than a week after they raised concerns about a natural gas compressor station planned for a historic black community in Buckingham County and ahead of the board’s vote on the project…

Tax policy changes carry big price, so does potential loss of gas tax revenue

The Virginia Senate now has a menu of options for revising state tax policy in response to federal tax reforms, but nothing on it comes cheap to the state budget…

Toscano tells Va. House Democrats he plans to resign from leadership role

 

House of Delegates Minority Leader David Toscano has told his caucus he's planning to resign from the position, possibly after the 2019 General Assembly session…

Here's why Medicaid in Virginia will cost $200 million a year more than expected

State officials’ predictions that they could rein in the cost of care for elderly and disabled low-income Virginians turned out to be far too rosy, a fresh look at Medicaid’s finances shows...

Reston IT firm bringing more than 800 new jobs to Virginia

1901 Group Inc., a Reston-based IT services provider, is investing $4 million to expand its corporate and Montgomery County, Virginia, offices, creating 225 and 580 new jobs in the respective jurisdictions by 2021…

Local officials 'pulling out all the stops' to bring USDA offices to Bristol

Partnership, regionalism and working together. Those were the themes officials said need to happen in order to become the new home of two U.S. Department of Agriculture offices that are relocating…

VCEDA funds drone business

Crop dusting has taken a step into the 21st Century with the application of drone technology which Don and Cheryl Nelson are bringing to Southwest Virginia through their new business, Remote Agri Drone LLC…

Northam signs executive order to improve housing affordability

 

The policy is designed to coordinate economic development efforts with housing production, supporting housing production technology, and supporting regional and local pilot projects that increase the supply of affordable housing units…

For Virginia teens, e-cig use now higher than cigarettes

Cigarette smoking among Virginia teenagers reached an all-time low in 2017, but the rate of electronic cigarette use among teens now exceeds that of conventional cigarettes, according to a new statewide survey…

FDA Chief Gottlieb threatens to pull e-cigarettes off market if teen use doesn’t slow

Commissioner Scott Gottlieb threatened Friday to pull e-cigarettes off the market if the agency's new restrictions on the sale of fruity flavors don't slow an "astonishing" surge in teen use…

Henrico supervisors approve $72.5 million bond issue for Westminster Canterbury expansion

Following the recent $7.9 million sale of land where the Azalea Mall once stood, Westminster Canterbury Richmond has secured low-interest financing through the Henrico County Economic Development Authority to expand its senior living center…

Two economic development groups to see executive-level exits

A couple of high-level departures announced in recent weeks are set to add to a transition in economic development leadership occurring locally and across the state…

Judge orders $50M in debt relief, penalties, after Herring lawsuit

A Hampton judge has ordered a Nevada firm accused of targeting elderly Virginia veterans with deceptive loans to pay $31.7 million in civil penalties and forgive $20 million in debt…

Special election for 33rd Senate District seat set for Jan. 8

A special election for the 33rd state Senate District seat will be held on Jan. 8, 2019, Loudoun County officials announced today. Democrats and Republicans are expected to meet this weekend to decide their respective nominees…

7 face off in firehouse primaries to determine nominees in race for Del Ben Cline’s seat

Republicans and Democrats in four counties and two cities in Western Virginia will vote Saturday for nominees to compete in a race to succeed Del. Ben Cline…

After data breach, Commissioner of the Revenue declines County audit

Chesterfield’s commissioner of the revenue has declined an offer by the county’s internal auditor to perform “an extensive review” of the circumstances under which her office inadvertently revealed the Social Security numbers of nearly 2,300 local taxpayers last month…

N.C. legislative panel turns up review of Cooper Pipeline deal

North Carolina Republican legislators intensifying their review of a $58 million side agreement between Democratic Gov. Roy Cooper and utilities building the Atlantic Coast Pipeline agreed Wednesday to hire an outside investigator and demand government records…

When hospitals merge to save money, patients often pay more

The mergers have essentially banished competition and raised prices for hospital admissions in most cases…

Virginia turns IT attention to rural revival

Teresa Sullivan, while president of the University of Virginia, began an effort called the Rural Virginia Initiative. Legislators such as state Sen. Emmett Hanger encouraged it with enabling language in the state budget directing U.Va. — joined by Virginia Tech, Virginia State, community colleges, and state agencies — to collaborate and develop strategic recommendations for improvement….

Turbine project throws caution to the wind

An offshore wind turbine project proposed off Virginia’s coast places Dominion Energy ratepayers in a needlessly risky position…

Watkins: Don’t demonize Dominion Energy

Having retired from elected office almost three years ago, I have enjoyed keeping up with political news from around the state – nowadays from the sidelines. In this era of…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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