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Economic Development New Legislation

Miles & Stockbridge P.C.

Understanding the Brighter Tomorrow Act: A New Era for Solar Energy Development in Maryland

Maryland has long been a solar-friendly state, and the Brighter Tomorrow Act, signed into law by Gov. Wes Moore last month, will expand access and adoption of solar energy. The legislation is both a supportive and...more

Ervin Cohen & Jessup LLP

­California Opens its Doors to Commerce by Voiding Out-Of-State Non-Compete Agreements

You may have heard the half-serious joke that California acts as its own independent country. One example of this is California’s strong disfavor of non-compete agreements, which stands in contrast with the rest of the...more

Burr & Forman

Alabama Enacts “The Game Plan”: Legislation to Enhance the State’s Economic Growth

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On April 20, 2023, Alabama Governor Kay Ivey signed a legislative package aimed to spur economic development. Building off a record-breaking year for new capital investments, state leaders aim to expand and fortify Alabama's...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Minnesota Governor Signs Labor Funding, Noncompete Ban Bill Into Law

On May 24, 2023, Minnesota Governor Tim Walz signed into law a sweeping omnibus jobs and economic development and labor funding bill that will invest $500 million in a fund to match federal investments in infrastructure and...more

Pullman & Comley, LLC

Developments from the 2022 Session of the Connecticut General Assembly Affecting Public Schools (and Public Employers)

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The 2022 Regular Session of the Connecticut General Assembly concluded on May 4, 2022.  The following is a brief description of acts that were passed by the General Assembly that may be of interest to Connecticut’s K-12...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

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

Miles & Stockbridge P.C.

Infrastructure Investment and Jobs Act: Key Points

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On November 15, 2021 (the “Effective Date”), President Biden signed into law the Infrastructure Investment and Jobs Act (the “Act”) to invest in our nation’s infrastructure and competitiveness. The federal government...more

Williams Mullen

Current Status of Law To Legalize Marijuana in Virginia

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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

Holland & Knight LLP

Se deroga la causal de disolución por pérdidas en Colombia

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Con el objetivo de establecer un marco regulatorio que propicie el emprendimiento, crecimiento, consolidación y sostenibilidad de las empresas, y que fomente el bienestar social y la equidad, se expidió, el pasado 31 de...more

Genova Burns LLC

New Jersey Economic Recovery Act of 2020

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On December 21, 2020, the New Jersey Legislature passed the “New Jersey Economic Recovery Act of 2020” (the “Economic Recovery Act” or the "Act"), an omnibus piece of legislation which provides support for various programs...more

Best Best & Krieger LLP

New Economic Development Subsidy Requirements

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AB 485 to Promote Greater Oversight and Transparency - Local agencies must now provide specific information to the public before approving economic development subsidies for warehouse distribution centers in its...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...

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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

Orrick, Herrington & Sutcliffe LLP

Legislation Relating to Public Finance Enacted by the 86th Texas Legislature (Regular Session)

This document briefly summarizes a select list of legislation relating to public finance enacted by the 86th Legislature (Regular Session) that became law. Bills are arranged alphabetically by subject matter, separating laws...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

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - March 2019 #2

West Virginia Supreme Court Hears Oral Arguments in EQT Doddridge County Trespassing Case - "The state Supreme Court will decide if a lower court judge got it right when he ruled natural gas production company EQT trespassed...more

Hogan Lovells

Competition Amendment Act

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The much-anticipated Competition Amendment Act 18 of 2018 (Amendment Act), has been signed into law by President Cyril Ramaphosa....more

Bricker Graydon LLP

2019 Infrastructure Funding: How to get it and spend it wisely

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On January 14, 2019, the President signed the Water Infrastructure Improvement Act (H.R. 7279), granting municipalities new statutory tools to affordably confront expensive infrastructure challenges using Integrated Planning....more

Fisher Phillips

More States Looking to Blockchain for Economic Development

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You can add Connecticut and Ohio to the list of states passing legislation focused on positioning their respective states favorably to attract businesses developing blockchain-based applications. On June 6, 2018,...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

Fisher Phillips

Wyoming and Vermont Look to Blockchain for Economic Development

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A small number of states see blockchain technology as a way to attract new businesses to their state to spur economic development. In March 2018, Wyoming Governor Matt Mead signed sweeping legislation that makes limited...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

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