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
On January 16, New York Governor Kathy Hochul released her State Fiscal Year (SFY) 2024-25 Executive Budget, her third since assuming office in August 2021. Addresses by Governor Hochul and Budget Director Blake Washington...more
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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