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Alpharetta Development Authority renews job incentive grant program By JON WILCOX jon@appenmedia.com
CITY OF ALPHARETTA/PROVIDED
Speaking at the Aug. 6 Development Authority meeting, Alpharetta Economic Development Manager Lance Morsell discusses a program that incentivizes companies to hire residents. The program has awarded more than $25,000 to two companies during its 10 years of existence.
ALPHARETTA, Ga. — The Alpharetta Development Authority board renewed a job creation grant Aug. 6 that pays local companies to hire Alpharetta residents. “A lot of local companies outside of a bond inducement don’t really have a lot of localized economic development incentives,” Alpharetta Economic Development Manager Lance Morsell said. “This kind of puts Alpharetta in a unique position of having something as an added benefit.” The program was renewed through the next fiscal year. Created in 2013, the Alpharetta Jobs Creation Grant Program awards $250$500 to local companies for every new
Tort reform likely front-burner issue for 2025 General Assembly By DAVE WILLIAMS Capitol Beat ATLANTA — Gov. Brian Kemp has made tort reform the main theme of his annual August address to Georgia political and business leaders two years running. But his Aug. 7 speech at this year’s Georgia Chamber of Commercesponsored Congressional Luncheon had a different ring to it than the 2023 version. Kemp followed up last year’s pledge
to make tort reform a top priority by essentially pulling out the rug on the issue when he addressed the chamber again at the beginning of this year’s General Assembly session. He said significant tort reform would require more than one year. Toward that end, lawmakers passed a Kemp-backed bill this year directing the state insurance department to gather data on legal trends affecting premiums and prepare a report by Nov. 1. “The governor very smartly decided
to take a step back and look at the data,” said Nancy Palmer, vice president of government affairs for the Georgia Chamber. “Lawsuit reform is a huge wide-ranging topic. We’re talking about the entirety of the civil justice system.” Tort reform has been a goal of Georgia Republicans and their allies in the business community for decades. But the most significant reform legislation to make it through the General Assembly came way back in
job filled by a city resident, Morsell said. The program works in tandem with a state job credit program. To receive the incentive, jobs must remain filled for at least a year. Grant applications are considered by the Development Authority for approval. Since its creation, the program has paid two companies. Fiserv, a global financial services and payments company, was awarded $19,500. Primetals Technology USA, a metallurgical plant supplier, received $8,000. “That creativity shows the direction and mindset of the city and the Authority is one of pro-business,” Morsell said. “That is the invisible effect of this incentive.”
BUSINESS
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FULTON COUNTY
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