Resource and Development Tax Credit

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Problem

Historically, research and development incentives in Delaware have supported larger established companies. While these larger companies are vital to the state, smaller businesses and startups usually need more resources as they are starting out to remain competitive and expand their business efforts.

Solution

Rep. Short introduced legislation to reform the R&D Tax credit program in Delaware so that it will drive more of the resources to smaller start-up companies. By refocusing the credit toward smaller businesses and startups, this bill incentivizes innovation and growth in emerging industries that are critical to enhancing Delaware’s competitiveness and increasing the opportunity for job growth. If passed, the bill will improve the business climate for existing small businesses and attract new businesses to Delaware.

Enterprise Zones 2.0

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Problem

Several parts of Nebraska, including Omaha, suffer from greater unemployment rates than the rest of the state but the state has limited resources allocated to economic development programs.

Solution

Senator Mello authored legislation to reauthorize Nebraska’s enterprise zone statutes to encourage investment and economic growth by giving preference for projects in economically distressed communities. Rather than creating a new economic development program, this innovative idea focuses existing resources where the need is greatest for the largest economic return. By giving these areas a leg up on programs like job training and affordable housing funds, these communities are able to better prepare citizens with the skills and support they need to become self-sufficient and contribute to the state economy.

Best Practice P3s

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Problem

As traditional funding from the federal government has become increasingly uncertain, state and local governments are struggling to invest in the roads, power grids, and other kinds of infrastructure that we need to ‘build for the future’ in the changing economy. Without a standard set of rules around private funding for public infrastructure, it becomes much more difficult for both the government and private companies to fill this critical void.

Solution

Public Private Partnerships (P3s) are structures to essentially share resources to reduce the cost of construction, and therefore enable more projects, create the associated jobs, and literally build the kind of modern America we want to live in. Senator Keller is working to develop a standard set of best practices for public-private partnerships in order to untap private funding that can lower the cost and speed up infrastructure improvements while still ensuring accountability to the public.

Community Building Through Public Art

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Problem

Salem’s downtown pedestrian mall was in need of a variety of improvements; it was tired, in need of maintenance and repair, was not pedestrian friendly, and had vacant storefronts. Without improvements, the area lacked a strong sense of community and economic activity was hindered.

Solution

Mayor Driscoll is leading the planning stages of a downtown redesign based on feedback from residents who identified public art as a means to create a great public space and enhance the economic development potential of this area. The city is starting a formal public art initiative through development of a master plan for public art, adoption of an Ordinance by Council to establish a Public Art Ordinance, and the hiring of the first Public Art Planner. This is a smart investment for everyone because art and culture add vibrancy to neighborhoods, bring people together, attract tourists to visit and stay longer, and serve as an economic development tool.

Keep Your Money Local

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Problem

Cities and counties have millions in reserve and special funds but most of those dollars are invested in large funds run out of state. Local financial institutions know their community and customers better than large banks, and therefore by having access to those funds can more effectively invest in the community.

Solution

County Supervisor Coonerty proposes investing a small percentage of these reserves in local banks and credit unions to keep the money local, creating jobs and more funds for these institutions to lend to citizens to start businesses, purchase cars or improve their homes, all of which help grow the economy.

ROI on Tax Expenditures

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Problem

In most states and at the federal level tax expenditures (incentives, dedications, exemptions, loopholes etc.) that have not been recently analyzed and updated are draining resources from government budgets. In NM for example, these tax breaks have cost $1 billion of taxpayer money and have not significantly increased job creation.

Solution

Senator Keller is working to bring transparency and accountability to tax expenditures by requiring annual return on investment (ROI) and jobs created reporting. This information would make it easier for impactful programs to be enhanced and wasteful, redundant and out of date programs to be shifted to areas that are more effectively meeting citizen needs and creating jobs.

One Stop for Veterans

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Problem

Current programs established to provide benefits and services to veterans often struggle to find and engage the veterans they are meant to serve. Veterans falling through the cracks to the point of homelessness, unemployment, marriage breakups, higher suicide rates only get help when they hit the bottom.

Solution

Mayor Warren proposed a municipally-sponsored Veterans Center, which combined socializing/networking, activities, and speakers along with the opportunity to speak to service providers. This has been a successful model for Newton to better serve the veterans in their community while providing a comfortable environment for them to engage with other veterans.

Landlord Training

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Problem

Like in many cities after the recession, more housing units within the City of Tampa became rental properties, instead of owner-occupied. This resulted in an increasing number of code violations, including illegal dumping and other problems.

Solution

In the Fall of 2013, the City of Tampa launched the Landlord Training program to educate property managers and landlords about the city’s code of ordinances, how to keep properties safe, and how to navigate city procedures. The program’s goal is to help prevent code violations in the City’s rental communities.

Public Investment Action Plan

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Problem

More than half of Burlington’s waterfront is currently underutilized. Previous attempts for redevelopment have stalled for over a decade because of a lack of political consensus and constituent agreement.

Solution

Over the course of 2013 the City of Burlington ran a public, transparent, interactive competition to determine how to invest nearly $10 million in TIF investments for the redevelopment of their Lake Champlain waterfront. The competition — open to all individuals and organizations including City departments and private businesses — generated 120 new ideas, new partnerships, and public excitement and consensus about the five selected projects that will be enacted this year.

First State Business Integration

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Problem

Many business owners are burdened by the need to comply with numerous regulations, spending too much time filling out duplicate information for various forms/permits and taking time away from managing and expanding their business.

Solution

Rep. Short believes that utilizing cloud computing can streamline Delaware’s permit process to support existing businesses and further business start-ups by helping them identify what they need to be in compliance. He is proposing to allow state, county and municipal governments to download information for a business that is common in their applications for licenses and permits. This common information could be filled out once by the company and then uploaded for retrieval by authorized entities that would then be able to have their required forms/permits/licensing auto-filled, saving time and resources.

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