Investing in Georgia: Economic Development Newsletter - August 2011

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Welcome to King & Spalding's economic development news bulletin,Investing in Georgia. In this edition, you will find:

A full report on the Georgia Competitiveness Initiative's Atlanta summit on July 18; commentary on the potential impact of tax reform on municipal bonds; and, a sneak peek at Atlanta's new international terminal and concourse.

We hope you find this helpful, as we partner to keep Georgia a great place to live and work!

In This Issue:

- Recent Developments

Bonds in the spotlight: While the battle over the debt ceiling may temporarily be over with the dramatic House and Senate votes on August 1 and 2, the next chapter will now open with a congressional committee being tasked with finding another $1.5 trillion in deficit reduction. While some of the progress may bemade through additional spending cuts, reform of the federal tax code will also draw attention....

- In The News

Georgia Competitiveness Initiative: The Georgia Competitiveness Initiative (GCI) (http://www.georgiacompetitiveness.org) is conducting summits in twelve regions of the State during the months of June, July and August in order to assist Governor Deal in the development of a long-term strategy for economic development....

- Looking Ahead

Sneak Peek at Atlanta's New International Terminal: Construction of the new Maynard H. Jackson Jr. International Terminal at the Hartsfield-Jackson-Atlanta International Airport began in summer, 2008, and is scheduled for completion in April, 2012.

Please see full newsletter below for more information.

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Published In: Administrative Agency Updates, Elections & Politics Updates, Finance & Banking Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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