HB 69: Bill Would Revise Ohio TIF Law, Require Township Compensation Under Certain TIF Arrangements
Bricker & Eckler.
Ohio municipalities that use tax increment financing (TIF) to support economic development should be aware of significant legislation that was recently approved by the Ohio House of Representatives. Under Ohio House Bill 69 (H.B. 69), authored by Representative Bob Cupp (R-Lima), municipalities would be required to compensate townships for tax revenue diverted through certain TIF incentive arrangements. For details on this legislation, click HERE.
Ohio has reached a milestone in the Ohio Opioid Technology Challenge with the conclusion of the Idea Phase and the awarding of prize money for the five most innovative concepts to address drug abuse and addiction. Ohio put out a call for anyone with a technology solution to share their idea. Hundreds of average citizens, researchers, caregivers and service providers from across Ohio, the U.S. and nine countries participated, submitting bold and creative ideas that identify ways to accelerate solutions.read more
Jennifer Syx, President of inSITE Advisory Group, has been named a recipient of an “Achievement in Excellence” award by the National Sales & Marketing Executives (NSME) as part of their annual “Accent on Excellence” awards program, recognizing outstanding achievements by Sales and Marketing professionals in the Akron/Canton area. Awards will be presented on February 27 at Tangiers in Akron.read more
The Ohio Export Internship Program, a partnership between the Ohio Development Services Agency, Cleveland State University, The Ohio State University, and Youngstown State University, will match college students, who have taken export-focused coursework, to Ohio companies looking to pursue export opportunities. Half of the intern wages will be reimbursed, up to $3,600.read more