Capitol Comments

This week, both the Washington Post and the New York Times have reported on the growing popularity of "spice," the generic term for a legal synthetic substitute for the active ingredient in marijuana.  Sold in many locations as packages of incense, the herbal mixture is coated with a chemical that causes some of the same effects of marijuana. 

After a year and half of hard work on the part of North Carolina Senator Jim Jacumin and many others, the Low-profit Limited Liability Corporation (L3C) legislation has passed the NC House of Representatives and has been presented to the Governor. The bill was part of the Endangered Manufacturing and Jobs Act.

CSG, along with NAST, NACO, NASACTNLC and USCM, has signed a letter calling for the Build America Bonds to be extended  Please read the letter below:

 

 

Council of State Governments
National Association of...

The New York Senate has made the possibility of starting a Low-profit Limited Liability Corporation (L3C) in New York a little brighter. 

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