State Budgets Economic Development

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Business Incentive Changes in Recent North Carolina Legislation

The North Carolina General Assembly passed two significant pieces of legislation affecting corporate activity, expansion and new investment in North Carolina. First, the General Assembly passed the state budget...more

North Carolina General Assembly Week in Review

With the budget finalized and signed by the Governor last Friday, the General Assembly has turned its attention to adjournment. On Wednesday, the Senate Rules Chairman, Sen. Tom Apodaca (R-Henderson) introduced Senate Joint...more

NC Politics in the News

CHARLOTTE BUSINESS JOURNAL: Incentives cap for N.C. urban areas removed from compromise bill - A compromise N.C. incentives bill exempts the state's urban areas from a cap on the value of incentives offered each year to...more

North Carolina General Assembly Week in Review

The House went into session at 5 pm on Thursday, to start debate on the budget bill. The House debated the bill for 5 hours. In the end, 9 Democrats voted with 71 Republicans in favor of the budget, Rep. Gale Adcock (D-Wake),...more

North Carolina General Assembly Week in Review

On Monday afternoon, 76 days after the new fiscal year (FY) began, Speaker of the House Tim Moore (R-Cleveland) and President Pro Tempore Phil Berger (R-Rockingham) held a press conference to unveil the details of the new...more

North Carolina Legislative Report

The General Assembly convened for the 2015 legislative session on January 14. Lawmakers returned to Raleigh on January 28 to begin the session in earnest. The MVA Public Affairs Legislative Report on North Carolina will be...more

North Carolina General Assembly Week in Review

Senate Bill 534, 2015 Continuing Budget Authority, commonly referred to as a Continuing Resolution (CR), expired Friday at 11:59 pm. It was passed at the end of June with hopes to have a budget agreement by August 14. In...more

Womble Carlyle Legislative Update - August 7, 2015

Angel and Laura worried all week about what we could tell you about in our weekly update, but then yesterday happened. Lo and behold this week has written itself. Silly us! New Senate Budget Strategy: truce, sort...more

North Carolina General Assembly Week in Review

The House voted not to concur with the Senate’s budget proposal Tuesday in a unanimous vote of 112-0, setting off budget negotiations between the two chambers that could last well into the summer. In rejecting the Senate’s...more

Alabama Tax Legislative Summary: 2015 Regular Session; Some Unofficial Predictions For Upcoming Session(s)

The Alabama Senate adjourned late Thursday afternoon, June 4, leaving a number of pending bills on the table. Although the legislature passed a record-setting $6 billion Education Trust Fund budget, the issue that pervaded...more

News from Second and State

Monday marked one month until a state budget must be passed. While it’s hard to say whether we’re any closer to enactment of a balanced state spending plan, there was some budget-related activity in the state legislature this...more

2015 Ontario Budget: Full Speed Ahead for Infrastructure

On April 23, 2015, the Ontario government (Province) released its 2015 budget, entitled “Building Ontario Up” (Budget). As the title would suggest, the Budget emphasizes Ontario’s plans for the future with respect to...more

March 6, 2015 Legislative Update

In Like a Lion and Out Like a Lamb. - That’s what we’ve always heard about the month of March in North Carolina. - 1. In like a lion. 2. Madness. 3. Out like a lamb....more

2015 Minnesota Legislative Session Begins

The Minnesota Legislature convened on Tuesday, January 6 at noon to begin the 2015 Minnesota Legislative session. The first day of session was marked by the swearing in of new members, organizational matters and other...more

2014 Comprehensive Report

Historically, the “Short Session” of the North Carolina General Assembly focuses on state budget corrections and adjustments. Frequently, legislators will also work on additional legislation while they are in Raleigh. This...more

Weekly Update from the NC State House - August 2014: A funny thing happened on the way to adjournment Saturday, they didn't go...

Wrapping It Up? - A funny thing happened on the way to adjournment Saturday, they didn’t go home. The budget was the talk of the town in Raleigh last week and House and Senate budget writers spent the days leading up...more

From Second and State: The Week Ahead – June 23-27, 2014

We’ve turned the corner of the final 10 days before the June 30 budget deadline, so you can expect us to be full throttle between now and then – then meaning whenever the budget is completed. This week, it became clear in...more

Weekly Wrap Up

Promises kept: we're starting to see the General Assembly narrow its focus as they promised before this Short Session convened in May. House and Senate calendars are stacked with similar bills including committee work and...more

Weekly Wrap

A super-busy week in Raleigh - HB 1050 - Omnibus Tax Changes was signed by the Governor after the House concurred in the Senate changes. It is now Session Law 2014-3...more

Investing in Georgia: Economic Development Newsletter - May 2014

Welcome to King & Spalding's economic development news bulletin, Investing in Georgia. In this edition, you will find: - Analysis of the issues that will impact midterm elections, as well as a special preview edition...more

2014 Presession Legislative Update -- SC State House Update - January 14, 2014

The South Carolina General Assembly is gearing up to start a new session on Tuesday, January 14, 2014 and we wanted to update you on services the Public Policy Team will be providing to Nexsen Pruet attorneys and clients....more

Alert: Turnaround Complete? MMB Projects $1.086 Billion Surplus For FY 2014-15

This morning, the Minnesota Management & Budget office released the November forecast. Changes in general fund revenue and expenditures for the current biennium have increased the projected balance for FY 2014-15 from $47...more

Ten Things to Know About the 2013 North Carolina Legislative Session

The North Carolina General Assembly has completed its 2013 session after passing a two-year budget and considering hundreds of bills on a variety of topics. Here are some highlights from this year’s session...more

July Economic Update Reports $463 million more in Revenue

Minnesota Management and Budget’s (MMB) July Economic Update reported that general fund revenues for FY 2013 have increased $463 million since the February Forecast. This revenue increase must be reconciled by MMB with any...more

Miles To Go Before They Sleep

With the 2013 Minnesota legislative session moving into the home stretch, virtually all of the “heavy lifting” of the session remains. While the calendar indicates the session is two-thirds complete, the numbers tell a...more

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