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Congress Takes Aim at Tax-Exempt Funding for Professional Sports Facilities

While President Trump’s very public feud with the NFL grabs the headlines these days, the U.S. House inserted a provision in the tax reform bill introduced last week which would eliminate a State or local government’s ability to issue tax-exempt debt for the development of any professional sports facility.   The House Staff prepared a summary of the bill, which includes an explanation of Section 3604, the provision relating to tax-exempt …Read More

NC Utilities Commission Proposes Rules for Solar Panel Lessors

Section VI of HB 589, named the “Distributed Resources Access Act,” creates new opportunities in North Carolina for solar energy development in ways other than utility-scale solar farms. It authorizes, for the first time, the leasing of solar energy facilities for retail customers and subscription to shared community solar energy facilities.   N.C.G.S. § 62-126.7 states, “No person shall engage in the leasing of a solar energy facility without having applied …Read More

Power Outages Reignite Debate Over Buried Power Lines

After nearly every major storm event resulting in major power outages, utilities, public officials, and customers reexamine the existing electrical distribution infrastructure. And no exception, the most recent hurricanes, Harvey in Houston, Irma in Florida, and Maria in Puerto Rico, have reignited the debate over buried lines and whether the risks are worth the investment. When Harvey hit Texas, Houston had almost 24,000 circuit miles of underground distribution lines and …Read More

International Trade Commission finds harm to U.S. Manufacturers from Solar Panel Imports

The U.S. International Trade Commission (ITC) voted unanimously last week that domestic producers of solar panels have been significantly harmed by unfair competition from imported solar panels. They have until November to determine if they will recommend a specific remedy to the Trump administration, which could include a tariff on solar panel imports. Suniva, Inc., a U.S. solar panel producer based in Georgia, which declared bankruptcy in April, filed a petition …Read More

High Point Seeks Economic Development with Baseball

The City of High Point, North Carolina seeks to make a significant public investment in construction of a downtown baseball stadium which would be home to an Atlantic League (Independent) baseball team. The city wants to use the ballpark as a lynchpin for a broader downtown economic development plan. High Point seeks to take a page from the economic development playbook of quite a few other North Carolina municipalities that …Read More