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.
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.)
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.
Montrose Group’s 2020 Virtual Rural Corporate Site Location Summit on Wednesday, December 9, 2020 from 2:00PM-5:00PM will explore how private companies can create high-wage jobs and make capital investments in rural markets through the development of Public-Private-Partnerships. Montrose Group is a national consulting company providing corporate site location, economic development planning, lobbying and site development services such as land use entitlements, infrastructure finance and tax incentive services.
Governor Mike DeWine announced that the administration is issuing a statewide curfew that takes effect on Thursday, November 19. Under the curfew, individuals are to be at home from 10PM until 5AM. The curfew lasts for 21 days. The Governor previously signaled he was considering closing in-person dining at bars and restaurants as daily case counts crept up over 8,000 per day.