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...
Economic Development
Gov. Mike DeWine Signs Landmark Property Tax Reform Bill
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...
Has an Innovative Mode of Transportation Solved the Burke Lakefront Airport Debate?
eVTOL Vehicles Create New Possibilities in Aviation Following years of innovation in aviation, battery and computing technologies, a new mode of transportation has emerged: the electric vertical takeoff and landing vehicle, or “eVTOL vehicle.” These striking machines...
Congress Aims to Fund Domestic Technology Businesses
Last week, just days ahead of the March 11 funding deadline, President Biden signed into law a $1.5 trillion Omnibus budget, the Consolidated Appropriations Act of 2022, to fund federal agencies for the rest of the year. Included in the budget were significant...
KJK Clients Win Awards in Inaugural Round of Transformational Mixed-Use Development Tax Credits
KJK successfully represented two applicants for the 2022 round of Ohio's Transformational Mixed-Use Development (TMUD) Program, which provides tax credits against development costs for projects that will be a catalyst for future development in their areas. Nearly $417...
Ohio’s Electric Vehicle and Battery Industry: Accelerating Ohio’s Auto Industry
Part 1: Accelerating Ohio’s Auto Industry On Feb. 16, 2022, State Senator Michael Rulli announced his “Accelerating Ohio’s Auto Industry” bill to assist automakers move into electrical vehicle manufacturing. This announced bill, if passed, will provide $15 million to...
The Impact of the Infrastructure Investment and Jobs Act
On Nov. 15, 2021, President Biden signed into law the massive $1.2 trillion bipartisan Infrastructure Investment and Jobs Act (the “Infrastructure Law”). Touted as the single largest investment in American infrastructure in over a generation, the Infrastructure Law’s...
Ohio Senate Bill 225 Doubling Historic & Opportunity Zone Incentives Heads to House
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...
Impact of New Intel Chip Factory in Central Ohio
Central Ohio will soon welcome further growth in the tech market. Intel recently announced plans to begin construction in late 2022 and chip production in 2025 at the world’s largest chip-making complex in New Albany that will provide many benefits, but some...
House Passes 1.2T Infrastructure Bill, Sending to Biden for Signature
Following months of negotiations, the House of Representatives passed the $1.2 trillion infrastructure package Friday, sending it to the President for signature after the Senate passed the measure in August. President Biden announced he will schedule a signing...