June 12, 2015
MWC's Infrastructure and Economic Development team were involved in the site selection, incentives negotiation, and permitting process for a $202 million project to base retailer Lidl's U.S. operations in Virginia.
June 12, 2015
Senate Budget Process Continues. The Senate budget process continued this week, though at a slower pace than members had planned for in the schedule released last month. Budget votes
originally scheduled for Wednesday and Thursday of this week were delayed until next week. This is due in large measure to a delay from the state
Department of Health and Human Services (DHHS) in providing Senate budget writers with math figures on exactly how much DHHS owes in back Medicaid
payments. State budget director Lee Roberts has said that DHHS is working diligently to calculate the numbers and would know the costs soon. Senate leaders
have indicated their spending proposal will be heard in appropriations subcommittees on Monday, with full committee consideration on Tuesday, holding full
chamber floor votes on Wednesday and Thursday.
June 09, 2015
NUMBER OF THE WEEK: 61. The number of countries that have signed on to implement the OECD’s multilateral agreement for the automatic exchange of tax information, in conjunction with the ongoing Base Erosion and Profit Shifting (BEPS) project.
June 08, 2015
This Week: House Ways & Means Committee Holds Markup; Makes Significant Legislative Changes to Health Care Bills... Senate Finance Committee Holds Markup on Medicare Appeals Process Bill... CMS Issues Final Rule on Accountable Care Organizations... CMS Posts Proposed Health Insurance Rate Increases for 2016