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Economic Development State and Local Government New Legislation

ArentFox Schiff

Potential Impacts of the ‘One Big Beautiful Bill’ on the District of Columbia

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The newly enacted “One Big Beautiful Bill,” formally known as the Legislation for Reconciliation and Policy Reforms 2025, contains a range of provisions that bear unique significance for the District of Columbia....more

Kohrman Jackson & Krantz LLP

Ohio’s Energy Sector Gets Strategic: Matching Energy Supply with a New High-Tech Demand

Ohio has long enjoyed a competitive edge in the cost of commercial electricity. It’s deregulated market and plentiful coal and gas-fired generation keep commercial power rates near 11.25 ¢/kWh—below the national business...more

Cozen O'Connor

Broad Street Brief: City Council Passes FY26 Budget, HOME Bills

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City Council Passes FY26 Budget, HOME Bills- During their final meeting before summer recess, the City Council passed a staggering 58 bills, including the FY26 Capital and Operating Budgets, business and wage tax cuts, and...more

Cozen O'Connor

Broad Street Brief Special Edition: Council Approves FY26 City Budget

Cozen O'Connor on

On the evening of Thursday, June 5, the Philadelphia City Council granted preliminary approval to several bills related to Mayor Cherelle Parker’s $6.8 billion FY26 City Budget with minimal changes to the initial proposal,...more

Pullman & Comley, LLC

Brownfield Projects Receive a Critical Carve-Out from Connecticut’s Prevailing Wage Laws

Pullman & Comley, LLC on

A key amendment to the state’s prevailing wage laws was passed by the General Assembly last night (June 3) as part of the passage of the comprehensive State Budget Implementer Bill (Bill No. 7187). The amendment helps resolve...more

Husch Blackwell LLP

Kansas Enacts 20-Year Sales Tax Exemption for Data Centers

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As part of a continuing trend, Kansas Governor Laura Kelly has signed SB98 into law, becoming the latest state to enact a sales tax exemption for qualified data centers. Many states, including neighboring Missouri (see RSMo....more

Bilzin Sumberg

Proposed Bill Would Impact Economic Development Efforts within CRAs

Bilzin Sumberg on

The Community Redevelopment Act of 1969 authorizes counties and municipalities to create CRAs as a means for redeveloping slums and blighted areas in the community. Once created, CRAs adopt a Community Redevelopment Plan...more

Cozen O'Connor

Virginia Viewpoint: Executive Edits

Cozen O'Connor on

When the General Assembly reconvenes in Richmond next week, legislators will face a staggeringly full agenda. Ahead of Monday's 11:59 PM deadline, Governor Youngkin acted on more than 900 bills — vetoing 157, amending 159,...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 35 - March 2025

Much like construction happening with the legislative offices, gutting and stuffing began in earnest today — the 35th day of the legislative session. But we aren’t talking about the Georgia Capitol renovations that are...more

Sheppard Mullin Richter & Hampton LLP

Alright, Alright, A Write-Off: Matthew Mcconaughey’s Push for Texas Film Tax Incentives

Texas has long been a hub for film and television production, offering diverse landscapes, a rich cultural backdrop, and some real characters. Back in 2007 the state implemented the Texas Moving Image Industry Incentive...more

Spilman Thomas & Battle, PLLC

The Rural Historic Tax Credit Improvement Act Will Expand Access To Smaller Projects | Spilman Thomas & Battle

Last week, U.S. Senators Shelley Moore Capito, R-West Virginia, and Mark Warner, D-Virginia, introduced S. 631, which focuses on rural historic tax credit (HTC) use and also includes transferability for small projects (those...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 15 - February 2025

Children and other fans of heavy machinery were delighted on Tuesday as landowners and representatives of forest industries descended on the Georgia State Capitol for Forestry Day at the Capitol. With them, they brought two...more

Cozen O'Connor

Broad Street Brief: NE Philly Recovers From Shocking Plane Crash

Cozen O'Connor on

City Council to Consider Labor Law Enforcement, Lead Paint Disclosure Deadline Bills - During Thursday’s meeting, City Councilmember Kendra Brooks (At-Large) introduced legislation to enhance City enforcement of labor laws...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report – Legislative Day 2 - January 2025

Business and community leaders from across the state made their annual pilgrimage to Atlanta on Tuesday morning for the Georgia Chamber of Commerce’s Eggs & Issues breakfast at the Georgia World Congress Center. Although the...more

Cozen O'Connor

New York Note: Adams Denied Matching Funds, Adams Advisor Indicted, City Legislation

Cozen O'Connor on

The NYC Campaign Finance Board has denied public campaign funds for Eric Adams’ reelection bid. The Board cited “detrimental” conduct from Adams in their denial. This ruling means that Adams will be ineligible to receive...more

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report – Legislative Day 5 2022

The floors of the House and Senate were unusually active on Monday compared to a typical Fifth Legislative Day. Speaker David Ralston (R-Blue Ridge) welcomed Atlanta Mayor Andre Dickens to address his chamber amidst the...more

Williams Mullen

Current Status of Law To Legalize Marijuana in Virginia

Williams Mullen on

There has been much in the press about Virginia legalizing the possession of up to 1 ounce of marijuana or up to four cannabis plants effective July 1, 2021. In this article, we explain the elements of the bill relating to...more

Best Best & Krieger LLP

Surplus Land Act Requirements Expand for Local Agencies

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Part 2: New California Housing Laws - Agencies will have expanded roles under the Surplus Land Act, and will have to satisfy new housing element requirements under Assembly Bill 1486, signed by Gov. Gavin Newsom on...more

Ballard Spahr LLP

Pennsylvania 2019 Tax Bill Adds Opportunity Zone Conformity for Personal Income Tax, Adopts New Sales Tax Provisions, and Amends...

Ballard Spahr LLP on

Act 13 of 2019 (Act 13), signed by Governor Wolf on June 28, 2019, made several changes to Pennsylvania tax laws, including the following significant changes. ...more

Bradley Arant Boult Cummings LLP

New Act Simplifies Payment in Lieu of Tax Transactions and Reduces Red Tape for Industrial Development Boards - Economic...

On April 30, 2019, Tennessee Gov. Bill Lee signed into law Public Chapter No. 265 (Senate Bill No. 708 or “S.B. 708”), amending the provisions of Tenn. Code Ann. § 67-5-502 relating to the taxation of leasehold interests....more

Bricker Graydon LLP

Opportunity Zones

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The recent federal tax reform bill included provisions creating a new program through which a taxpayer can defer income tax on capital gains. The Opportunity Zone program allows a taxpayer to reinvest proceeds from the sale...more

Mayer Brown

Gain Deferral Using Qualified Opportunity Zone Investment Strategies

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We have published our whitepaper: Gain Deferral Using Qualified Opportunity Zone Investment Strategies Legal Update. “Qualified Opportunity Zones” are not specific to renewable energy and do not involve tax credits but...more

Pullman & Comley, LLC

Connecticut 2018 Environmental Legislative Update - End of Session Wrap-Up Report

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Passed Bills: Significant 2018 Environmental Public Acts - PA 18-82: Climate Change and Resiliency - This act on climate change planning and resiliency contains four principal elements: adoption of a Connecticut-defined...more

Pierce Atwood LLP

States Designate Opportunity Zones

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The Tax Cuts and Jobs Act of 2017 created a new economic development program that encourages long-term investments in low-income areas, so-called “Opportunity Zones,” by offering tax deferral for capital gains reinvested in...more

Burr & Forman

7 Most Frequently Asked Questions About Opportunity Zones

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Qualified Opportunity Zones were included as part of the Tax Cuts and Jobs Act which became law in December 2017. The zones were originally introduced as the Investing in Opportunity Act sponsored by South Carolina Senator...more

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