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Lawmakers Take Big Step in Building a Better Tax Break

March 30, 2018 Media Mentions

Mike Saxl, Managing Principal of Maine Street Solutions and Counsel to Verrill Dana, was recently mentioned in an article featured in the Bangor Daily News entitled "Lawmakers Take Big Step in Building a Better Tax Break." The article discusses the recent $45 million tax break for Bath Iron Works approved by the Maine State Legislature last month.

The article credits both proponents and opponents of the tax break bill for passing an amended BIW tax incentives bill which "struck an appropriate middle ground by strengthening the standards and reporting necessary to receive state tax breaks."

Read "Lawmakers Take Big Step in Building a Better Tax Break" here.

Firm Highlights

Matter

Government Relations: Verrill Helps Neighborhood Group in Dispute Over Proposed Ferry Legislation

In 2013, Jim Cohen helped a group of Yarmouth, Maine residents in a state legislative dispute involving the private ferry service serving the Town of Chebeague Island. In early 2013, the ferry service proposed...

Matter

Energy: Omnibus Energy Legislation

Verrill represented Emera as part of Omnibus Energy Legislation authorizing the State of Maine to procure up to $75 million of natural gas capacity in New England. Our goal was to ensure that the...

Publication/Podcast

Webinar Materials: When a Crisis Strikes: Effective Business Planning and Communications

With a health and economic crisis underway, the in house legal team is a crucial part of a company's response team. Whether facing the COVID-19 pandemic or an employment-related claim and subsequent investigation, your...

News

First Meeting on Climate Equity Panel

On February 24, the Governor’s Office of Policy Innovation and the Future sent out a press release regarding the panel on climate equity to hold first meeting on February 26. During the meeting, experts...

News

Massachusetts Insurers Receive $100M from Obamacare

On March 11, 2021 Boston Business Journal published an article, "Feds have paid Mass. insurers over $100M from Obamacare settlement," discussing that the cash influx could reduce premium increases in the third quarter of...

Matter

Government Relations: Preserving Legal Right of Private Company to Acquire a Maine Company

Some transactions go smoothly. But when they don’t, Verrill is ready. The proposed acquisition of a publicly traded company in Maine by large multinational corporation was just such a transaction. For months, the multinational...

Contact Verrill at (855) 307 0700