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Economic Development State Funding

Ankura

Alabama Enacts 'Powering Growth Act,' Establishing State Energy Infrastructure Bank

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Alabama has established a sweeping energy infrastructure financing program through the “Powering Growth Act,” outlined in Senate Bill 304, which was signed into law by Alabama Gov. Kay Ivey on May 14, 2025, and became...more

Bricker Graydon LLP

Four Ohio Properties Awarded $225M in All Ohio Future Fund Support

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Properties in Coshocton, Lorain, Montgomery, and Muskingum counties will receive more than $225 million from the All Ohio Future Fund (AOFF), which “will be used to improve infrastructure” to help prepare the sites for future...more

Holland & Knight LLP

Spaceports in Florida: New Federal and State Provisions Will Create Development Opportunities

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Recent legislation in Florida, combined with recent provisions in the federal budget, promotes Florida's reputation and role as a welcoming environment for the space industry. Federal lawmakers from Florida, the Florida...more

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (1/15)

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“Illinois doubled private investments in the state, as well as investments in clean energy, and quadrupled the number of retained jobs in 2024, the Illinois Department of Commerce and Economic Opportunity said this week....more

K&L Gates LLP

Governor Josh Shapiro Launches First Statewide Economic Development Strategy in Nearly Two Decades

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From 2018 to 2022, Pennsylvania was outspent on economic development incentives by neighboring states in both total incentive spending and average deal size. Over the same period, neighboring states also outspent Pennsylvania...more

Holland & Knight LLP

Trucker Protest Over California Independent Contractor Law Shuts Down Port of Oakland

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The U.S. Supreme Court recently denied the California Trucking Association's (CTA) petition for certiorari related to a case involving federal preemption of California Assembly Bill 5 (AB-5), a law that changed the legal...more

Holland & Knight LLP

New York State Announces Nation-Leading Offshore Wind Investments

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New York Gov. Kathy Hochul announced a plan on Jan. 5, 2022, to strengthen the state's renewable energy leadership as part of the 2022 State of the State. The governor announced a commitment to invest $500 million to further...more

Bricker Graydon LLP

ODOD releases rules and program guidelines for Brownfield Remediation Program and Building Demolition and Site Revitalization...

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The Ohio Department of Development (ODOD) released rules and associated program guideline documents (Brownfield Remediation and Building Demolition and Site Revitalization) to govern the disbursement of $500 million in total...more

Ward and Smith, P.A.

NCGA 2021 Long Session Update

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Since convening in January, the North Carolina General Assembly's Long Session has been marked by lengthy state budget negotiations, starts and stops, and several historic pieces of proposed legislation.  American Rescue...more

Bricker Graydon LLP

H.B. 110 FY 2022-2023 biennium budget overview and review of first half of 2021

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The Ohio General Assembly recently completed an exhaustive and comprehensive first half of 2021. The legislature tackled the state’s two-year operating budget, COVID-19 relief funding, residential broadband expansion, reforms...more

Benesch

Governor DeWine Signs Two-Year State Budget

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Last week, Governor Mike DeWine signed the $74 billion state operating budget, which builds on the Governor’s vision for the future. The two-year spending bill (HB 110), includes nearly $162 billion in all funds...more

Cozen O'Connor

The American Rescue Plan’s Impact on New York State and City Government, Businesses, and Nonprofits

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On March 11, 2021, President Joe Biden signed the American Rescue Plan (ARP) into law. This historic $1.9 trillion COVID relief plan will have a major impact on the country by providing relief to businesses, nonprofit...more

Dentons

Iowa Reinvestment Act Rejuvenated

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Under the Iowa Reinvestment Act, municipalities may apply to the Iowa Economic Development Authority to establish a reinvestment district and receive tax-generated funds for large-scale development projects. The act...more

Bricker Graydon LLP

Ohio returns to funding spec-based commercial & industrial development

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In 2020, Ohio’s development officials are again awarding grants to fund commercial and industrial development projects that don’t have known end users. JobsOhio is now in the midst of launching a $50 million per year grant...more

Harris Beach Murtha PLLC

New York State Announces Consolidated Funding Awards

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The Central, Mohawk Valley, Southern Tier, Capital, and Long Island Regions are the five “top performers” announced last week as part of the 2019 Regional Economic Development Council Round IX Consolidated Funding Awards. ...more

Bricker Graydon LLP

H.B. 166 FY20-21 Biennium Budget Overview

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On July 17, 2019, after a 17-day delay, Governor Mike DeWine and the 133rd General Assembly completed work on House Bill (H.B.) 166, the state’s general operating budget for the biennium. It concludes several months of...more

Downs Rachlin Martin PLLC

Vermont Legislative Preview 12-21-2018 - An analysis from DRM's Government & Public Affairs Team

Does supermajority convey superpowers? The Vermont legislature convenes on January 9 with Democrats (combined with Progressives) holding their largest majority in history. The Democrats’ big numbers – 102 out of 150 seats...more

Nossaman LLP

Redevelopment 2.0 On The Books For 2019?

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Ever since the demise of redevelopment agencies in 2012, there have been a variety of legislative efforts to revive, incrementally or in whole, some form of redevelopment in California....more

Downs Rachlin Martin PLLC

2018 Final Legislative Update Home - DRM's Government & Public Affairs Team Final Analysis

Promising a veto of the just-passed budget and tax bills, Gov. Phil Scott has called lawmakers back to the Statehouse for a planned three-day Special Session starting May 23....more

McDermott Will & Schulte

New Jersey Issues Guidance on BEIP Grant Conversion

This month the New Jersey Economic Development Authority (the Authority) provided businesses with guidance, in the form of Frequently Asked Questions, on how to elect to have their unpaid Business Employment Incentive Program...more

Moore & Van Allen PLLC

Brother, Can You Spare a Dime?

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In the early morning hours of Wednesday, September 30, the 2015 Regular Session of the North Carolina General Assembly came to a close. One of the more controversial provisions enacted this session took up a mere six lines...more

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