Revenue Surpluses Provide Opportunity for Tax Relief within States

August 17, 2022

The economic slowdown from the COVID-19 pandemic initially raised concerns within states that general revenue collections would be lower than anticipated and, as a result, create shortfalls in maintaining a balanced budget. Although revenue collections from certain sectors of the economy, such as hospitality and tourism, were lower, overall revenue shortfalls from the pandemic did […]

NAIOP State Advocacy Influences Legislative Outcomes for CRE

July 6, 2022

Several state legislatures this year have debated legislation that would change the rules and policies impacting commercial real estate. In California and North Carolina, effective advocacy by the NAIOP chapters has protected and advanced the interests of the industry at the state levels. Through the chapters’ engagement in the legislative process, state lawmakers have come to […]

Permit Reform Legislation Advances Following NAIOP’s Advocacy Day in North Carolina

June 15, 2022

Members from NAIOP’s three chapters in North Carolina traveled to Raleigh last week to advance the priorities of the commercial real estate development industry in meetings with state lawmakers. The top priority for NAIOP of North Carolina, the state alliance of NAIOP chapters, is the passage and enactment of House Bill 291, permit reform legislation […]

States Play Key Role in Building Electric Vehicle Charging Infrastructures

May 4, 2022

The transportation industry accounts for the highest percentage of total greenhouse gas (GHG) emissions in the United States according to the Environmental Protection Agency. This has resulted in greater demand and interest for electric vehicles and trucks (EV) in order to reduce these emissions. The U.S. Department of Energy recently reported that plug-in electric and […]

NAIOP North Carolina Chapters Hold Successful State Conference

April 6, 2022

More than 400 members from the three NAIOP chapters in North Carolina traveled to the Pinehurst Resort last week for the NAIOP North Carolina State Conference. The all-day conference included a number of sessions related to the state of the industry, along with a general session that included legislative updates on issues at the federal, state […]

The Drive for Transportation Electrification

March 16, 2022

Governments at every level are considering polices to reduce greenhouse gas emissions from both stationary and mobile sources as part of efforts to address climate change. Some of these efforts have centered on initiatives to lowering domestic use on fossil fuels, such as coal, petroleum, natural gas and oil, by moving towards electric vehicles within […]

State Leaders Debate Budget Surpluses and Taxes

March 2, 2022

Most state governments have emerged from the pandemic-induced economic slowdown with budgetary surpluses because projected revenue losses did not occur. Losses in tax collections from certain sectors of the economy, such as restaurants, hospitality and entertainment, were offset by the collection of sales taxes from increased internet transactions, along with the $193.5 billion allocated to […]

State Advocacy Essential for NAIOP Chapters in 2022

January 5, 2022

As the new year begins, lawmakers will begin returning to their chambers to discuss and debate numerous pieces of legislation. Congress is currently focused on President Joe Biden’s Build Back Better initiative and voting rights legislation, but conventional wisdom suggest that passage of meaningful, nonpartisan legislation will remain a challenge during an election year. However, […]

The Role of State and Local Governments in Spurring Economic Development

December 15, 2021

Real estate developers and owners provide the commercial and residential space for individuals to live, work and play. State and local governments can play an important role in supporting this through incentives and other measures that ensure development projects financially “pencil” and are economically sustainable over the long term. Tax Increment Financing (TIF) districts are […]

State Governments Adopt Building Electrification Mandates

December 1, 2021

The debate on greenhouse gases and climate change is occurring at every level of government within the United States. Many states have initiated mandates calling for commercial building owners to gradually reduce their greenhouse gas emissions and eventually become net-zero by certain dates as part of efforts to address climate change. These mandates have included […]

Author:

Toby Burke