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- Historic Tax Credit is modified to a 10% credit and the credit for pre-1936 buildings is repealed.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.
OEDA invites you to submit a proposal to present at the 2020 Annual Summit, themed “Moving the Needle” to be held September 29-October 1 at the Marriott Columbus University Area. This year’s theme focuses on how economic development practitioners continue to make...read more
Small businesses will have the opportunity to meet one-on-one with government buyers at the local, state and federal level in April at the 2020 Ohio Business Matchmaker.
The largest small business-to-government contracting event in the state will kick off with a networking reception Tuesday, April 28, at Wright State University’s Nutter Center, 3640 Colonel Glenn Highway, Dayton, Ohio 45324. The Ohio Business Matchmaker’s main “matchmaking” event will take place Wednesday, April 29.read more
On Sunday evening, the Dayton-made documentary “American Factory” took home the Academy Award for best documentary feature.
Filmmakers Steve Bognar and Julia Reichert accepted the Oscar for their film about Chinese auto glass maker Fuyao Glass America’s revival of a former General Motors plant with the creation of over 2,000 jobs in Moraine.read more