Support “Brains for Business” TODAY at the State Capitol at 9 a.m.

Attention young professionals!

Show your support for “Brains for Business” by attending this morning’s meeting of the Senate Economic Development Committee at the State Capitol. The meeting will take place at 9 a.m. in Room 451M.

We need YOUR support to ensure this legislation is reconsidered.

Last week, the Charleston Regional Chamber of Commerce backed “Brains for Business” bill (HB 4475) was defeated in the Senate Economic Development Committee.

This morning at 9 a.m., the committee will reconvene at the State Capitol. “Brains for Business” could be brought back before the committee if a senator who initially opposed the bill asks for it to be reconsidered.

Please help the Charleston Chamber and encourage the committee members to work together and get this important legislation passed.

“Brains for Business” would provide modest tax credits to state residents for the two years after receiving an associate, bachelor’s or advanced degree from an accredited institution in certain areas of study, including science, technology, math, engineering, education and nursing.

If passed, the bill would:

• Ease the burden of the  overwhelming student loan debt plaguing our young professionals as they enter the workforce
• Provide inspiration for the thousands of people in West Virginia who have “some higher education,” but have not yet completed their degree
• Give West Virginia businesses a new tool to recruit top talent
• Encourage those that have a degree to seek an advanced degree by using the credit
• Help employers in our border counties be more competitive with businesses located across the state line

We urge committee members to reconsider the bill and address the positive and exciting things it will do for West Virginia’s future.

To find out where Room 451 is at the Capitol, click the map below:

Click here for a map of the Capitol complex.

We need a good showing of young professionals at this meeting. We ask that you please attend and let the members of the Senate Economic Development Committee know you support “Brains for Business.”

Together, let’s tackle the challenge of attracting and keeping our intellectual capital. Let’s build a better West Virginia now

EPA chief must allow coal permits, chambers of commerce warn

 This op-ed from President Matt Ballard appeared in the July 8 edition of The Charleston Gazette.

Ballard

Ballard

The U.S. Environmental Protection Agency needs to consider jobs and economic impacts as the agency continues with its regulatory actions related to coal production and coal use as an energy source. That is the position that has been taken by many elected leaders in West Virginia, and now by 17 local chambers of commerce in West Virginia.

In a joint letter mailed to EPA Administrator Lisa Jackson, our 17 local chambers are calling on the agency to finalize its permit reviews and provide coal companies and the miners they employ with a transparent regulatory process that is based on science and that balances environmental protection with job preservation and economic well-being in our region.

For the past two years, the EPA has been undertaking a number of regulatory actions that are posing challenges on coal production and coal use, particularly in Central Appalachia. These include an ongoing review of hundreds of coal mining permits, new air regulations that will cause the closure of coal-fired electric power generation stations and the recent revocation of a coal mining permit for Arch Coal’s Spruce Mine in Logan/Mingo Counties.

The members of these 17 local chambers of commerce in West Virginia want to express their collective concerns about continued and protracted EPA “reviews” of coal mining permits and the disruption and economic perils this presents. What happens with these permits will affect thousands of good-paying jobs and millions and millions in state and local tax revenues. It also will affect the viability of thousands of small businesses, many of which are members of our organizations.

Our chambers also have concerns regarding the agency’s apparent disinterest in understanding the economic and employment impacts of its regulatory actions. The concern is based on public statements by Administrator Jackson that her agency generally doesn’t care about the economic well-being of coal communities and their residents.

This is a rather perplexing viewpoint, given how good jobs and incomes are needed if there is to be the proper environment for personal health, growth and advancement. Finally, our chambers are distressed about a recent decision by the EPA to revoke the existing Spruce Mine permit. We find this action to be exceedingly troubling and spreads fear, uncertainty and unhealthy anxiety among all coal mining families.

Our organizations and our members urge the EPA to be mindful of the need to preserve domestic energy production and maintain affordable energy prices. In today’s chaotic world, with unstable governments and continued terrorist activities, we must maximize the energy resources that have been bestowed upon this great nation.

Moreover, impeding domestic energy production will result only in higher energy prices, which will bring about new economic hardships and challenges for American small businesses and families. Given the continued weak business conditions across this nation, our members — and our communities — cannot afford another serious economic shock, which would result from continued permit delays and harsh regulatory actions.

The local chambers that included their names on the letter to EPA Administrator Jackson are Barbour, Beckley-Raleigh, Charleston Regional, Elkins-Randolph, Greater Bluefield, Greater Greenbrier, Huntington Regional, Logan, Marion, Marshall, Martinsburg-Berkeley, Morgantown Area, Summersville Area, Princeton-Mercer, Tug Valley, Weirton Area and the Wheeling Area Chamber of Commerce.

Ballard is president of the Charleston Regional Chamber of Commerce.

 

Are the Clouds Lifting?

“After several years of dire revenue news from state capitals, the fiscal situation seems to be improving in a number of states. As of October 2010, West Virginia had posted six straight months of revenue increases.25 Kentucky’s budget director says the state could end the current fiscal year with $58 million more than expected if current trends hold.26 Minnesota collected $55 million more than predicted between July and September 2010, making a sizeable dent in the state’s budget deficit.”

From “State’s Revenue Estimating, Cracks in the Crystal Ball” the Pew Center on the State

Editorial Commentary:

West Virginia’s budget situation continues to be positive, specifically compared to most other states. You hear it everywhere and it is a “sales point” for the state right now;  ”balanced budget, not in the red, provides continuity of government.”  An excellent and descriptive way to describe the situation right now…  but the question that remains unanswered, is will state decision makers invest during this time of relative prosperity?  Will WV invest in Innovation?  In specific educational and skill training programs that will advance our workforce with the skill sets needed?  Only time will tell… until then, encourage your legislators to pass important investment legislation, such as the Innovation Act of 2011 and the Brains for Business Bill.

Matt Ballard, Charleston Chamber President/CEO

Modernize West Virginia

What do you think?  Should West Virginia and its county and municipal governments explore and move forward with metro-government, government consolidation, metro-services?   Does a State with 1.8 million people need 55 counties?  55 bd. of education entities?  Tell the Charleston Regional Chamber of Commerce what you think by commenting on this blog post and being part of the dialog.