OEDA Works to Protect PAB, New Market Tax Credit & Historic Tax Credit
The Ohio Economic Development Association has joined with a broad coalition of organizations asking members of Ohio’s congressional delegation to protect private activity bonds, the New Market Tax Credit and the Historic Tax Credit as important tools used for economic development in Ohio. Sharing examples of how these tools have been used in Ohio, OEDA sent letters and made calls to every member of the Ohio delegation and is seeing the results of these coordinated efforts as evidenced by the Senate legislation. For a sample of those letters, click HERE.
The Senate tax reform bill:
- Preserves the Private Activity Bond,
- Preserves the New Markets Tax Credit,
- Repeals advance refundings, and the
- Historic Tax Credit is modified to a 10% credit and the credit for pre-1936 buildings is repealed.
OEDA will continue to be engaged on both bills as they move through their respective chambers and the conference committee.
The I 70 / 75 Economic Development Summit on May 30 will feature Heather E. McGowan is an internationally known speaker, writer, and advisor. McGowan prepares leaders to most-effectively react to rapid and disruptive changes in education, work, and society. As a Future of Work Strategist, Heather has worked with diverse teams to address these challenges.read more
Two advisors at the Ohio Small Business Development Center (SBDC) at the Summit Medina Business Alliance Inc. have received prestigious professional certifications after undergoing training through the National Development Council.read more
Students in the course have rated the course very highly. “Some great real world examples” “this was a great course. I learned a lot, not only about course content, but real life examples too.”read more