Legal Insight

Economic Development: From Approval to Impact 

Approval is Only the Beginning  

Approval is often seen as the defining milestone in an economic development project, but approval alone does not define success. The more meaningful question is whether a project ultimately delivers what stakeholders actually need.  

For developers, this may mean predictability, speed, and cost-effectiveness. For municipalities, it may be job creation, tax base growth, and infrastructure alignment. For the broader community, success might mean public confidence that this growth supports local priorities.  

Every project carries layered goals.  Without structure, those goals may remain informal and unmet.   More >

Kentucky Tax Credits: What You Need to Know

Despite the lingering financial effects of the COVID-19 crisis and other economic setbacks, the Commonwealth of Kentucky is open for business. As part of ongoing statewide efforts for economic development, a variety of incentives are currently available to new and established businesses across the Commonwealth. We’ve highlighted some of these Kentucky tax incentive programs below – from farming operations to small entrepreneurial endeavors. A wide range of businesses are eligible to receive financial assistance such as tax credits and refunds, and yours may be one that qualifies. More >

Get the Biggest Bang for Your Association’s Political Buck!

The strategy of most Trade Associations is to advance shared issues and industries through pooling members’ resources. Nothing impacts those issues and industries more directly than elected officials and the campaigns that bring them into power.  A Political Action Committee (PAC) can serve as an effective advocacy tool to maximize member resources and support political candidates who are more likely to support and vote on your association’s initiatives, or even promote specific policy initiatives and action items directly. More >