New look. New energy. New ways to get involved.

 

The Ohio Economic Development Association is more than just a new website.  There’s a new energy at OEDA, reflecting those we serve.  As the professional association for economic developers, our new brand reflects our members– dynamic, on-the-move, decisive, knowledgeable, informed, engaging.  The Ohio Economic Development Association is committed to helping our members expand their knowledge, expand their network and expand their influence.  So, come join us as we work to expand your opportunities.

 

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The Ohio Economic Development Association is committed to providing Ohio’s economic development community with resources to help practitioners best serve their business community during the COVID-19 outbreak. We believe one of the most helpful roles OEDA can play is curator; sifting through and summarizing the vast amount of information so you can focus on what you need as professionals.

COVID-19 RESOURCES CENTER

 

New look. New energy. New ways to get involved.

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THE STATEWIDE AUTHORITY ON ECONOMIC DEVELOPMENT ISSUES

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Expand Your Knowledge

 

Prepared professionals win.  OEDA provides professional development and continuing education for practitioners at every level through high-value conferences, courses, and trainings.  To help you stay current, we seek out important information from around the state to be your information safety net.  Our flagship program, the Ohio Economic Development Institute offers high-level, state-specific courses that are the pathway to earning the Ohio Certified Economic Development credential.

 

Expand Your Network

 

We know economic developers also learn from each other.  OEDA enables members to connect with peers from around the state– gaining knowledge, building relationships, and identifying resources.  Structured learning is important but our members value the opportunities OEDA provides to interact with fellow practitioners as well as consultants and related industry representatives.

 

Expand Your Influence

 

OEDA prides itself on being a preferred source of state economic development information for our members as well as legislators and policy makers. OEDA members receive a monthly legislative update on legislation being monitored by the advocacy team as well as timely breaking news on key bills. With members representing every county in Ohio, OEDA is a unique position to connect legislators with economic development professionals from their districts.

 

Stay Up to Date

 

OEDA is your partner for success at every step of your career.  Our foundational programs and services are designed to support you in your current position as well as preparing you for future career growth.  Whether it is through our jobs board, opportunities to connect, or your expansion of knowledge, OEDA opens doors and expands opportunities.

 

GENERAL NEWS

Capitalizing on rural corporate site location opportunities

Rural communities are prime targets for companies considering a corporate site location project. Rural areas in the U.S. cover 97 % of the nation’s land area but contain 19.3 % of the population who are more likely to own a single family home, are older and less likely to hold a bachelor’s degree or be in poverty than their urban counters.

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AEP Names Wells Vice President, Sales, Economic and Business Development

American Electric Power (Nasdaq: AEP) has promoted Timothy J. Wells to vice president, Sales, Economic and Business Development, effective Nov. 2, 2020. Wells replaces Mark James who retired last month.

Wells, 55, will lead AEP’s efforts to attract new commercial and industrial customers to its service territory and help existing customers take advantage of AEP’s growing menu of business consultation services. AEP has unique expertise in the energy field and has become a trusted energy advisor to many of its larger customers. Wells will be responsible for leading growth in services that fall outside of the distribution and transmission of electricity, in addition to helping communities bring new jobs to their local economies.

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ADVOCACY

Tracked House Bills – November 2020

House Bill 6 repeal: more civil litigation & lame duck efforts: On October 27, Columbus and Cincinnati filed their own lawsuit in Franklin County Common Pleas Court to block HB 6’s nuclear subsidies.  Named defendants in the cities’ complaint include FirstEnergy Corp., Public Utilities Commission of Ohio Chair Sam Randazzo and State Treasurer Robert Sprague.  The lawsuit seeks a preliminary injunction to block end user surcharges set to begin January 1.  (All ratepayers in Ohio are required to pay up to 85 cents per bill as a means to providing up to $150 million to support the two nuclear plants located in Ohio.)

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Tracked Senate Bills – November 2020

Centralized collections of municipal net profits taxes: The Ohio Supreme Court on November 5 issued its decision that the state can centralize the collection of municipal net profits taxes.  But in the same decision, the Court held the State cannot levy an administrative charge on municipalities for such tax collection. 

Specifically, the Supreme Court held to be constitutional the General Assembly’s effort to impose on municipal corporations a process of centralized tax collection.  But the Court stated the same law allowing Ohio to retain 0.5% of collected municipal net-profits taxes amounts to the imposition of a fee, and therefore exceeds the General Assembly’s constitutional authority.

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Tracked House Bills – October 2020

House Bill 6 Repeal Effort(s), Civil Litigation & Business Groups Step Forward:  Work continued in committees – the House Select Committee on Energy Policy & Oversight and the Senate Energy & Public Utilities Committee – on three bills (HB 738, HB 746 & SB 346, described below) to straight-repeal HB 6’s nuclear energy subsidy program.  One issue that’s been raised in the House Select Committee hearings is HB6’s use of 2018’s peak revenue for FirstEnergy as a reference year for the company’s entitled annual revenue levels via ratepayer subsidy charges.  The nuclear subsidy charges are set to appear on ratepayer bills on January 1.

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Stay Connected

 

The best and the brightest practitioners have invested in their careers and communities by becoming members of the Ohio Economic Development Association. But, other top industries and organizations have as well.  Support for OEDA is support for the economic development profession and reflects these organizations’ commitments to growing the Ohio economy.

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