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News & Press: 2019 Economic Development News

TSS Today's Clips-Wednesday, August 21

Wednesday, August 21, 2019  
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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.

 

Reserve funds to top $1.6 billion as Virginia starts budget work, returns windfall to taxpayers

Gov. Ralph Northam and Virginia lawmakers soon will begin work on a new two-year state budget with $1.6 billion banked in reserve, a revenue surplus swollen by federal tax law changes, and more than $431 million earmarked for return to state taxpayers…

Virginia Lottery raises concern over 'aggressive' growth of unregulated gaming machines

The Virginia Lottery has raised concerns that unregulated “skill” games that have appeared in bars and convenience stores across the state may be contributing to a slowdown in lottery ticket sales…

Crime Commission wraps two days of gun hearings as advocates make their case

A second day of hearings on gun violence in Virginia saw advocates from familiar groups on either side of the gun control issue lay their arguments before lawmakers in Richmond and walk away with few signs of movement on proposals now before the legislature…

Chesterfield Planning Commission unanimously endorses Carvana storage lot and inspection facility

The Chesterfield County Planning Commission has signed off on an online used car seller’s plans to build a storage lot for thousands of vehicles on a wooded tract near Interstate 95…

Blackjewel agrees to halt Virginia coal

Bankrupt coal producer Blackjewel LLC, an affiliated marketing company and the U.S. Department of Labor have agreed to a number of stipulations that will halt the transport of coal at three sites in Virginia until the issue of idled employees receiving overdue pay is resolved, according to a filing in a federal bankruptcy court…

Chinese drywall maker agrees to proposed $248 million settlement, 10 years later

Thousands of people who lived in homes in the mid-2000s made with toxic Chinese drywall, including many in Hampton Roads, may finally get some closure. Taishan Gypsum Co., the Chinese-maker of the drywall that sickened those living inside its walls, has agreed to settle…

Freitas write-in campaign focused on winning, supporting other GOP candidates

Del. Nick Freitas, R-Culpeper, intends to handily win a write-in campaign for reelection. Along the way, he expects to help other Republicans in the House of Delegates retain or win their seats…

Amid late audits, Hopewell officials fear financial issues of the past keep city from investing in its future

Alarmed by perpetually late audits of city ledgers — some years overdue — Hopewell city leaders are grappling with the fallout and grasping for an accounting of how the money flowing into city coffers has been spent…

A year after creation, Tourism Council still doesn’t have benchmarks to track its success

More than a year after its creation, the Tourism Council still doesn’t have the benchmark study officials have called critical to measuring the success of its tourism marketing venture…

Survey responses show mixed bag for city short-term home rental regs

As proposed rules for short-term residential rentals head to Richmond City Council later this year, a clearer picture of public sentiment on the issue is being gleaned from survey results that could end up being used to reshape the regulations…

Building One opens at Tech Center Research Park

The first of 10 buildings planned for the 50-acre Newport News research park held a ribbon-cutting ceremony to mark its official opening…

After a rural hospital closes, delays in emergency care cost patients dearly

Nationwide, more than 110 rural hospitals have closed since 2010, and in each instance a community struggles to survive in its own way…

FCC to consider increased oversight of low-income broadband subsidies

The Federal Communications Commission (FCC) is considering a proposal to curb what it sees as widespread abuse of a subsidy program to help low-income households connect to broadband and phone services…

U.S. makes new push for graphic warning labels on cigarettes

U.S. health officials are trying anew to add graphic images to cigarette packs to discourage Americans from lighting up. If successful, it...

Ohio's Payday Lending regs may inform other state efforts

With the U.S. Consumer Financial Protection Bureau's rules to rein in payday lending on hold indefinitely, state legislatures seeking to fill the regulatory void…

American Medical Association leaves coalition fighting 'Medicare for All'

The American Medical Association (AMA), the nation’s main group for doctors, announced Thursday that it is leaving a coalition fighting "Medicare for All," a blow to the industry’s efforts to push back on the progressive proposal…

Doughty: What the Roanoke Region is doing to grow talent

The Roanoke Times raised some important points about talent in our region, especially when it comes to attracting and retaining college graduates…

Betting on the future of horse racing

According to the Virginia Racing Commission’s 2018 annual report, “Horse racing offering pari-mutuel wagering is permitted in the Commonwealth with the intention of ‘promotion, sustenance, and growth of the native industry, in a manner consistent with the health, safety, and welfare of the people…

Cramer: Let’s fix Virginia’s broadband map

The legendary Captain John Smith and his crew mapped the colony of Virginia in 1612 using early mapmaking tools to catalogue the land and various waterways of the New World. What would he think of the mapping moment we are in 400 years later where GPS…

 

 

Michael W. Woods
Senior Manager - Virginia

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

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