Alabama. Governor Kay Ivey signed House Bill 391, sponsored by Rep. Steve Clouse (R – HD93) and Sen. Tom Butler (R – SD2), into law, providing relief from the business privilege tax for Alabama small businesses. When fully implemented, the exemption is projected to save the state’s small businesses an estimated $23 million a year. […]
The Congressional Research Service notes in An Overview of Rural Credit Markets notes that access to financial services, specifically credit products, varies in rural areas as compared to urban areas. The Federal Reserve concluded that 40% of rural counties lost community bank branches between 2012 and 2017. Nonbank financial firms are often found in metropolitan […]
The Ohio General Assembly passed a significant reform that will make sweeping changes to the state’s real property tax law. HB 126, once signed by Governor Mike DeWine in the coming weeks, will effectively end practices that have impacted Ohio property owners for years. Currently, Ohio school districts are able to challenge property values to […]
Arizona is booming and recent enacted tax legislation is likely to spur additional economic success. Arizona along with other Southwestern and Southern states continues to grow economically driven by population and macroeconomic expansion. As the chart below illustrates, Arizona enjoyed double digit population growth over the last decade. Forbes ranks Arizona as the 5th fastest […]
Manager of Economic Development Montrose Group, LLC is a Columbus, Ohio-based consulting firm that provides corporate sitelocation, economic development planning, and lobbying services to clients nationally. DaveRobinson is the Founder and Principal of Montrose Group, Nate Green is a partner in the firmand serves as Managing Director of Economic Development, Jamie Beier Grant serves asDirector […]