📅 Clearing the Clutter - Introducing the new DSCC Daily

Issue 5.28

July 12, 2019

DSCC Daily is our new one-stop site! Get the latest on Chamber advocacy and events, keep up with your fellow members and see what's happening in Delaware's business community!

Check it out now

Message from the President

“We’ve seen an almost two-hour movie download in 8.2 seconds and witnessed speeds almost 20 times faster than what you might see on your 4G phone (a 5G peak of 1.8Gbps so far).” 5G, which stands for fifth generation mobile technology, is “an insanely complicated orchestra of towers, nodes, beams and devices, all using radio airwaves all at once.”

Legislative Priority

Last week had, and in the upcoming magazine will have, a write up on the end of session that wrapped up early July 1st. Not captured, however, were some of the more esoteric moments that helped make up the last six months that I’ve found interesting now that summer has officially begun and your friendly neighborhood government affairs professional has time to think...

The Tax Benefits of Investing in Delaware's Opportunity Zones

As part of the Tax Cuts and Jobs Act passed at the end of 2017, Congress provided new tax benefits for investments in designated Opportunity Zones. While the specifics of the new law are still being ironed out, through enactment of further regulations, the Opportunity Zone program is worth a further look for investors seeking preferential tax treatment for capital gains.

Delaware's Workplace Fraud Act

As a preamble, the reader should be aware of on-going efforts to amend the Workplace Fraud Act (19 Del.C. Chapter 35). Various stakeholders (including the State Chamber) are involved, which will hopefully result in a statute that comports with federal law and eases the burden on the business owner.

Delaware's Public Benefit Corporation compared

to Tax-exempt Nonprofit Company

Many people call our office with the question, “What is the difference Between A Not-For-Profit Corporation and a “Public Benefit Corporation?” Both require the company to devote some measure of its resources on a stated mission contributing to the public good.

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AT&T Invests Nearly $50M Over 3-Year Period

to Boost Local Networks in Delaware

These investments boost reliability, coverage, speed and overall performance for residents and businesses. We’ve also improved critical services that support Public Safety and first responders using the FirstNet communications platform.

In 2018, AT&T made more than 200 wireless network upgrades in Delaware. These upgrades included new cell sites, addition of network capacity, and new wireless high-speed Internet connections.