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Proposed Legislation Economic Development

Seyfarth Shaw LLP

A New Chapter for Opportunity Zones

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The Opportunity Zone program (the “OZ Incentive Program”), launched under the 2017 Tax Cuts and Jobs Act, was designed to spur economic development in distressed communities by offering tax incentives to investors. As part of...more

Cozen O'Connor

Pennsylvania Perspective for Monday, June 23, 2025

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Budget Talks Intensify as Lawmakers Debate Tax Reform, Transit Funding, Marijuana Legalization - As Pennsylvania’s June 30 budget deadline approaches, the future of several of Governor Josh Shapiro’s (D) proposals—including...more

Tonkon Torp LLP

Big, Beautiful Opportunity Zones

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Deep in the 1,100 pages of the “big, beautiful bill” is a plan to retool and extend one of the big policies from the first Trump administration: Opportunity Zones. Under this tax incentive program, investors defer capital...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

Bricker Graydon LLP

Economic Development Impact of Proposed HB 96 Cap on General Fund Carryover Balances

Bricker Graydon LLP on

This article provides an overview of the impact that the proposed HB 96 cap on school district general fund carryover balances will have on other areas of Ohio’s economic development ecosystem, including property tax rates,...more

Cozen O'Connor

Major Long Island City Rezoning Enters Public Review

Cozen O'Connor on

On April 21, 2025, the New York City Planning Commission (CPC) certified the city-led Long Island City Neighborhood Plan, known as OneLIC, into public review. OneLIC seeks to build on Long Island City’s status as one of...more

Maynard Nexsen

2025 Alabama Legislative Update: Regular Session - Week Nine

Maynard Nexsen on

App Store Regulation and Device Filters - On Thursday, the Senate passed legislation, sponsored by Senator Clyde Chambliss, regarding app store regulation. Under this legislation, parental permission is required before a...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

Nelson Mullins Riley & Scarborough LLP

Gold Dome Report - Legislative Day 5 - January 2025

As the world reacted to the shove heard round the world, the General Assembly kept a low profile on Friday. Convening an hour earlier than the Senate, the House gaveled in and out before senators even made it to their desks....more

Holland & Knight LLP

House Agriculture Committee Completes Markup of 2024 Farm Bill

Holland & Knight LLP on

The U.S. House of Representatives Committee on Agriculture completed its markup of the Farm, Food and National Security Act of 2024 (Farm Bill) on May 24, 2024, and passed the proposed legislation 33-21, with four Democrats –...more

Bricker Graydon LLP

[Webinar] Senate and House Housing Policy Updates - May 13th, 2:00 pm - 3:00 pm ET

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The Ohio General Assembly has recently moved forward with legislation to increase the State’s role in housing development. In addition, a bipartisan group of state senators released the results of a comprehensive review of...more

Baker Donelson

Alabama Gaming Legislation Approved by State House of Representatives

Baker Donelson on

The Alabama legislature is prioritizing gaming legislation in its 2024 session, with the Alabama House of Representatives passing the legislation yesterday, February 15. The legislation outlines license allocations, terms and...more

Lowndes

Renewed Opportunities: Recent Bipartisan Proposal Seeks to Refine Opportunity Zone Development and Tax Incentives

Lowndes on

In 2017, the Tax Cuts and Jobs Acts (TCJA) created a capital gains investing program aimed at revitalizing impoverished neighborhoods in the United States, known as “Qualified Opportunity Zones.” The purpose of this program...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

Dorsey & Whitney LLP

Dorsey Infrastructure Alert No. 1

Dorsey & Whitney LLP on

This is the first of several Alerts that will address the two pending infrastructure bills currently being considered by Congress. While there remain several procedural steps for either initiative to become law, we believe...more

Baker Donelson

Infrastructure Bill: Revitalizing and Rebuilding America – Issue Two

Baker Donelson on

Baker Donelson's public policy group and The Daschle Group are pleased to provide our second update on the recent developments regarding infrastructure legislation. This is the second in a series of weekly updates designed to...more

Bricker Graydon LLP

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

Bricker Graydon LLP on

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

Polsinelli

Senate Leaders Propose Significant Changes to the EB-5 Program: Big City Developers Are Likely to Rejoice

Polsinelli on

On November 5, 2019, Senators Rounds (R-SD), Graham (R-SC) and Cornyn (R-TX) introduced the Immigrant Investor Program Relief Act (S. 2778) (“Relief Act”). The Relief Act would extend the Immigrant Investor Program (known as...more

McDermott Will & Emery

Illinois Fiscal Year 2020 Income and Franchise Tax Changes

McDermott Will & Emery on

The Illinois General Assembly enacted a number of new tax measures in a flurry of activity at the end of its legislative session. Some of the changes are taxpayer friendly and others are not. Unlike the no-deal chaos of past...more

Downs Rachlin Martin PLLC

2019 Final Legislative Update for Commerce - Final Analysis from DRM's Government & Public Affairs Team

Early in the session, the House Commerce and Economic Development Committee established workforce development as its priority. The committee took weeks of extensive testimony on the workforce issues facing Vermont. ...more

Downs Rachlin Martin PLLC

Vermont Legislative Update 04-19-2019 - An analysis from DRM's Government & Public Affairs Team

Final push on clean water governance bill - The House Committee on Natural Resources continued its work this week on S.96, a bill that would adopt a clean water investment and governance proposal promoted by the Agency of...more

Steptoe & Johnson PLLC

Colorado’s SB 181: Wyoming’s New Economic Stimulus Package?

Steptoe & Johnson PLLC on

It is no secret that Wyoming’s economy is heavily reliant on the energy and natural resources sector. In fact, the primary forces behind the economy of the Cowboy State are mineral extraction, in the form of coal, oil,...more

Downs Rachlin Martin PLLC

Vermont Legislative Update 03-15-19 - An analysis from DRM's Government & Public Affairs Team

The Senate this week passed a bill imposing strict liability and medical monitoring obligations on commercial users of toxic substances on a 21-8 vote. Given the recent and intense focus on toxic releases of chemicals such as...more

McGuireWoods Consulting

NC Politics in the News: Your weekly North Carolina political news report March 2019 #2

Budget - CBS 17: Gov. Cooper presents full 2-year budget plan; 9% teacher raise included - North Carolina Democratic Gov. Roy Cooper offered his ideas on how to spend state money for the next two years....more

Bricker Graydon LLP

Ohio SB 8 would authorize tax credits for Opportunity Zone investments

Bricker Graydon LLP on

A bill that would authorize tax credits for investments in an Ohio Opportunity Zone received support from the Summit County Executive and the Greater Cleveland Partnership, Gongwer reports. ...more

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