Virginia Chamber of Commerce
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Chamber Briefings 
 February 16, 2015
Upcoming Events

Energy and Sustainability Conference

April 14, 2015 


 
 

SAVE THE DATE!! 

Fantastic 50

April 30, 2015

 

Virginia Health Care Conference

June 4, 2015

 

Helpful Session Links

 

President's Message

 

Barry DuVal

The Virginia General Assembly has officially passed the halfway point known as "Crossover." Below, you'll find a recap of where legislation of interest to the Virginia business community stands as of crossover. You can also find a link below to our Bills We're Watching document, which highlights our position on these bills.

 

Also last week, the House and Senate voted on their respective amendments to the state's two year budget. Budget conferees will soon be appointed and the two bodies will begin the process of meting to work out differences between the two plans. We will continue to keep you updated on the budget process. 

 

We were pleased last week to participate in a press conference in response to the federal government's recent announcement to take the next step in permitting the development of our nation's domestic energy resources, specifically the oil and natural gas reserves along the Atlantic coast. This was great news for Virginia's economy and is in line with Blueprint Virginia's "all of the above" energy strategy. More on the press conference and announcement can be found below.

2015 General Assembly Session at Crossover

 

Legislation of Interest to the Virginia Business Community

 

On Tuesday, February 10, 2015, all surviving legislation in the House of Delegates and the Senate crossed over to the other chamber for consideration. Through "Bills We're Watching" the Virginia Chamber of Commerce tracks nearly 400 pieces of legislation of interest to the Virginia business community, taking positions on over 100 bills. This document focuses on the most important business-related legislation.

 

Education and Workforce Development 

Education and Workforce Development is Blueprint Virginia's #1 priority recognizing that a highly talented and educated workforce is the lynchpin of maintaining and elevating Virginia's economic competitiveness. Concerning Virginia's youngest learners, legislators have introduced budget amendments to reform and better fund early childhood education. Regarding K-12, in order to give all Virginia students access to a high quality education, there are bills to increase accountability and to encourage innovation. Policies include reforms to improve educational instruction and student achievement. Also put forward is an agenda to make higher education more affordable and accessible. There is legislation that would hold down costs, open up additional enrollment slots, and allow colleges and universities to offer a discounted "flat-fee degree" for high-demand jobs. Lastly, a comprehensive bill has advanced in the General Assembly to require Virginia's Workforce System to deliver more business driven and efficient services.

 

Health Care 

Access to quality, transparent and cost-effective care is important to the business community. A healthy workforce impacts a business' productivity and a company's bottom line. Businesses pay approximately 60 percent of all health premiums. To reduce health care costs and increase efficiency, a bill has advanced to provide more flexibility to doctors and patients in using telemedicine technologies. Unfortunately, there were several health care mandate bills introduced that would've increased health care costs, but nearly all of these bills have been killed. 

 

Business Climate 

A pro-business climate is important to our economic competitiveness. As set forth in Blueprint Virginia, the Virginia Chamber promotes pro-business policies, including minimizing burdensome regulations and promoting efficient regulatory oversight. In regards to regulatory reform, the legislature is considering a bill that would allow the General Assembly to suspend an agency regulation if such regulation has an adverse economic impact on Virginia businesses. Also, there is a measure under consideration to remove the regulatory burdens on small businesses to allow entrepreneurs to raise money for startup businesses through crowdfunding.

 

While many tax bills crossed over in the General Assembly session, we're very supportive of the bill that would provide a $5 million exemption for companies that bring business back to the Virginia from outside the country. At a time when other states are attempting to punish inverted companies through legislation, Virginia can stand out as a leader by acknowledging that until the federal government addresses the nations archaic, burdensome tax code, Virginia must take matters into its own hands in order to remain competitive in a global economy.

 

Energy 

Affordable and reliable energy that meets the growing needs of our population and business community is a high priority of Blueprint Virginia and vital for the state's economic competitiveness. Because of this reality, legislators have introduced bills to address the detrimental effects of the Environmental Protection Agency's Clean Power Plan regulations. We must make sure that Virginia's implementation plan is cost-effective, attainable and avoids harming jobs and the economy.

 

Military and Veterans Affairs 

In order to better serve our veterans, the legislature has advanced an impressive array of policies. There is legislation to provide funding for new Veterans Care Centers in Northern Virginia and Hampton Roads. Further, there is legislation that would require community colleges to offer academic credit to military members who have completed military training commensurate to a given certificate or degree. Lawmakers are also considering incentives to businesses that employ veterans. 

House of Delegates Passes "Administrative Process Act"

 

Last week, the House of Delegates voted 96-0 to pass HB 1751, the Administrative Process Act. This bill, patroned by Delegate Margaret Ransone and backed by the Virginia Chamber of Commerce, would require the Joint Council on Administrative Rules (JCAR) to review each proposal that the Department of Planning and Budget identifies as having adverse economic impact on businesses or would impose a significant adverse economic impactIn addition, the regulations are referred to the House Appropriations and Senate Finance Committees for review.

 

Regulations cost Americans $1.7 trillion per year. While many regulations are necessary to ensure that there are clear rules for operating in a complex society, excessive and burdensome regulations harm the economy and inhibit job creation. The Virginia Chamber will continue to advocate for the passage of this bill in order to minimize burdensome regulations and promote efficient regulatory oversight.  

Keep up with Government Affairs Activities During Session on Twitter!

Bills We're Watching

Click on the image above to see a full list of the bills we're watching this year.

Virginia Chamber Supports Offshore Energy Development 

 

A gathering of business, community, government and labor leaders, along with the Virginia Chamber of Commerce, were present Wednesday, February 11, in Norfolk, Virginia, representing the widespread support for offshore energy exploration. The press conference took place in response to the federal government's recent announcement to take the next step in permitting the development of our nation's domestic energy resources, specifically the oil and natural gas reserves along the Atlantic coast. 

 

 

Speaking on behalf of the Virginia business community, Barry DuVal emphasized that Virginia is well positioned to support offshore energy development with our historic maritime industry that includes marine engineering, ocean surveying, Newport News Shipbuilding, a deepwater port, and hundreds of naval contractors, construction, and service companies.

 

The Commonwealth is projected to receive the third highest levels of spending, employment and gross domestic product due to Atlantic offshore oil and natural gas development. Annual spending is projected to peak to nearly $1.8 billion in 2035, and employment is projected to reach nearly 25,000 jobs in 2035. Not only would offshore energy development create jobs and economic activity, it would diversify our energy resources, enhance energy independence, and strengthen national security.  

 

More information on the BOEM preparation of the environmental impact statement and the opportunity for commenting online may be found here. Comments should be submitted by March 30, 2015.

Telemedicine: Improving Access, Decreasing Costs 

  

Telemedicine uses technology to provide long-distance care and monitoring and allows the exchange of information between doctors and patients. Basically, it's bringing technology into the health care sector, with smartphones, teleconferencing, monitoring devices and more. In a new report from the Georgia Public Policy Foundation, Ronald Bachman, says telehealth can reduce health care costs while, at the same time, increasing the quality of care.

 

Telehealth is currently experiencing explosive growth. By 2018, the telehealth market is projected to increase from $240 million in revenue to $1.9 billion, and by 2015, 500 million smart phone users will be using apps to monitor their health.

 

But while telehealth is convenient, can it provide comparable quality, cost, and access to care as traditional health care does? Bachman says yes:

 

  • Telehealth improves patients' access to doctors when they might otherwise face delays or be unable to reach a physician. It can allow patients to interact with both primary care doctors and specialists over live video, limiting the need for an office visit.
  • As for quality, a 2012 study from Johns Hopkins University concluded that telemedicine didn't just produce equal clinical outcomes to in-hospital care but, in some cases, produced better outcomes. Similarly, studies from the Rand Corporation and the University of California -- Davis Children's Hospital found that children's health care in rural areas improved thanks to telemedicine.
  • Costs are much lower with telehealth, because it removes the need for transportation and can displace the need for patient monitoring at a hospital. A 2011 study found that chronically ill patients saw between 30 and 53 percent reduction in annual health care costs thanks to telemedicine's ability to detect problems early. Similarly, a Health Affairs study found that chronically ill Medicare enrollees using telehealth saved up to 13 percent each quarter compared to their peers.

The goal of Blueprint Virginia's Health Care Industry Council is to "use innovation to transform Virginia's health care system." As an innovation in health care, telemedicine could restructure medical care and improve patients' access to doctors. In the 2015 General Assembly Session, lawmakers introduced several bills to modernize the Code in order to better accommodate telemedicine. Both Senator McWaters and Delegate Kilgore put forward legislation to amend the definition of telemedicine to include the use of electronic technology or media, including interactive audio or video. The bill would redefine telemedicine in a technology-neutral manner that does not pit one technology over another, or require that we continuously update the Code as certain technologies become obsolete. Lastly, Senator Wagner introduced a piece of legislation to establish a three-year telemedicine pilot program designed to reduce patient use of emergency department facilities for the treatment of low-acuity conditions. The bill would require the Department of Health to report the results of the pilot program to the State Board of Health and to the General Assembly by October 1, 2018. All three bills are making their way through the General Assembly. 

Study: Virginia is 21st in 2014 America's Health Rankings

 

Hawaii has been named the healthiest state in the latest America's Health Rankings compiled by the United Health Foundation.  Vermont ranks second, followed by Massachusetts, Connecticut and Utah. Virginia is ranked as the 21st healthiest state in the study. The Commonwealth's strengths are a low rate of drug deaths, a low rate in violent crime, and a low percentage of children in poverty. 

 

Among Virginia's challenges are a high rate of cardiovascular disease, a high rate of infant mortality, and an upward trend in the rate of obesity. In the past year, air pollution decreased by 6 percent, and in the last ten years, preventable hospitalizations decreased by 25 percent. While Virginia continues to have a high rate of cardiovascular disease, cardiovascular deaths have decreased by 42 percent since 1990. 

 

See more on Virginia's health ranking by clicking here.

FAA unveils drone rules

 

The Federal Aviation Administration (FAA) released its proposal for governing small commercial drones.  Some highlights of rules proposed include:

  • The FAA proposal would allow drones weighing up to 55 pounds to fly within sight of their remote pilots during daylight hours.
  • The aircraft must stay below 500 feet in the air and fly less than 100 mph.
  • Flights would be prohibited within 5 miles of an airport and over crowds.
  • People flying drones would need to be at least 17 years old, pass an aeronautics test and be vetted by the Transportation Security Administration.

The FAA will accept comments for 60 days after the proposal is published. It is expected to be two or three years before the rules are final.

 

The Association for Unmanned Vehicle Systems International estimates the industry will create 70,000 jobs with $13.6 billion in economic activity during the first three years of permitted operations.

  

SAVE THE DATE--APRIL 14, 2015

 

Now in its 3rd year, the Virginia Energy & Sustainability Conference is a must for staying competitive and ahead of the curve on sustainable business management, environmental performance, and the latest emerging policy issues. 

 

Join us for compelling keynotes, insightful panel discussions, and unparalleled networking opportunities with innovative thinkers and influential leaders that will inspire creative thinking and action. Attendees will walk away with greater insights and practical knowledge on how to implement sustainability opportunities in their organizations to improve bottom lines, create jobs, and protect ecosystems.

 

 

DETAILS

When: April 14, 2015 | Conference: 9:00 a.m. - 4:45 p.m. | Reception: 4:45 p.m. - 6:00 p.m.

Where: Greater Richmond Convention Center | 403 N. Third Street, Richmond, VA 23219

Price: $145 for a Full Conference Registration (Includes Reception)

 

 


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