Ohio’s General Assembly recently voted to temporarily double its Ohio Historic Preservation Tax Credit (OHPTC) award cap and increase, then reduce Ohio’s Opportunity Zone (OZ) Tax Credit cap. For state fiscal years 2023 and 2024, the SB 225 permits the Ohio Director...
Ohio recently announced the first round of grant awards for the state’s Brownfield Remediation Program. Ohio dedicated nearly $350 million for the program administered by the Ohio Department of Development through the 2021 state biennium budget bill, House Bill 110...
A property tax reform effort that originally commenced in 2018 in the Ohio House of Representatives has been signed into law by Governor Mike DeWine and will go into effect in mid-to-late July 2022. House Bill 126 (HB 126) was sponsored by Representative Derrick...
Ohio historic preservation and economic development projects may soon receive a large temporary boost from the Ohio General Assembly. Recently passed by the Ohio Senate and now under consideration in the Ohio House, Ohio Senate Bill 225 would double both the Ohio...
Ohio’s latest property tax reform effort, Ohio House Bill 126, made it through the Senate this week and is now headed back to the House for a concurrence vote on Senate changes. As passed by the Senate, H.B. 126 would eliminate the contentious practice of school...