Incentive Watch Saturday, May 21, 2005 Last year, a federal appellate court struck down Ohio's tax credits that state development officials used to persuade DaimlerChrysler AG to build a Jeep assembly plant in Toledo. Now, U.S. Senators Voinovich and Stabenow are promoting legislation to overturn the ruling. Read more. Here's the view from Kentucky. Arizona is giving business a property tax cut. In addition, new legislation signed by the governor provides a tax break (targeted at Intel) for companies that invest at least $1 billion in the state. Read more. Changing the development rules for Scripps in Florida could have some unintended consequences. Read more. Allen County, IN near Ft. Wayne has approved $2.2 million in incentives for General Motors' investment of $175 million in its assembly plant there. Read more. The state legislature in Mississippi is still working on the passage of Momentum Mississippi, a legislative package that reforms the state's incentives. Read more. The city and the county in Winston-Salem, NC are at odds over an incentive package for a Pennsylvania biotech company. Read more. Texas is close to landing 4,200 jobs for the regional headquarters of Washington Mutual Inc. The Texas Enterprise Fund will be contributing $15 million to the deal. Read more. posted by Ed Morrison |		This work is licensed under a Creative Commons License. links Some Background on EDPro Weblog The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it. One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information. So, spread the word...Share the knowledge. Tell a friend about EDPro Weblog. If you are using a news reader, here is the link to syndicate this site: Here's the link if you are a bloglines subscriber: Speaking and workshops on Open Source Economic Development As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking. Background on Ed Morrison Download some background information on me here.

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