Incentive Watch

Sunday, May 29, 2005

The Mississippi legislature is stioll grappling with its Momentum Mississippi package of economic development reforms. Read more.

The Nebraska legislature has passed a new package of economic development incentives. Read more.

The governor in Maryland has vetoed the "Wal-Mart bill". The legislations would have required employers of 10,000 or more to spend at least 8 percent of their payroll on health care or pay the difference directly to the state. Read more.

The city of is offering an innovative incentive program that illustrates the shift of targeting invcentives from companies to people. Read more.

Ohio's congressional delegation is trying to pass legislation to establish a state's right to pass incentives for job creation and economic development. Last week, a hearing took place on the legislation. The legislation effectively reverses a Sixth Circuit Court of Appeals ruling last year that declared Ohio tax breaks for a DaimlerChrysler plant in Toledo violated the constitution's clause on interstate commerce. Read more. Read the testimony of Ohio's State Development Director here.

A representative from Airbus came up with a remarkable statement last week. Airbus is conducting a highly public search for a tanker site because "you want to make sure that everybody thinks it's fair...[W]e did not want it to appear as if we cut some deal." (Nonsense...the Boeing Dreamliner project taught an important lesson. The more public you make the searchprocess, the bigger the deal is likely to be.) Read more.

Michigan's top EDpro is worried that, with the uptick in business activity, the state may run out of incentive tax credits. Read more.

posted by Ed Morrison |

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