Tracked Senate Bills – October 2021
Bricker & Eckler LLP
New Loan Programs for Minority & Women-owned Businesses: ODOD has added to its portfolio two loan programs to support minority- and women-owned businesses: the (i) Women’s Business Enterprise Loan Program and (ii) Ohio Micro-Enterprise Loan Program. Included within the state budget bill (HB110, whose other elements are described in detail, below), the new program offerings are as follows:
- Women’s business loans: Low interest rate financing (currently capped at 3%), principal amounts range $45,000 to $500,000, with 10-year amortization for M&E and 15-year repayment for owner-occupied real estate. Recipients must have 51% ownership and control by women or be certified as a Women-owned Business Enterprise (WBE); and,
- Micro-enterprise loans: zero-rate financing, principal amounts range $10,000 to $45,000, with 5-year amortization for working capital and 7-year repayment for M&E. Recipients must be certified as a Minority Business Enterprise (MBE) or a WBE.
The loans are administered by ODOD’s Minority Business Development Division.
Um, excuse me, is now an okay time to talk about inflation? We have been reporting here during 2021 that consumer price index increases seen in year-over-year measures each month were not of concern to the Federal Reserve and most economists. Um, that view may be changing as the Consumer Price Index rose 5.4% in September from one year ago.
Those same officials are worried as rapid price increases, seen each month for several months this year, has consumers paying more for meat, eggs, gasoline, furniture, and rent. The latter cost – housing rent – has officials worried the most, as it is an important indicator of inflation and once rents increase, they tend to stay high for lengthy periods.
The Federal Reserve, as the nation’s central bank, has two primary tools at its disposal: (i) purchasing municipal bonds to contribute to a robust market for public sector lending to infrastructure and development projects; and (ii) manipulating the baseline interest rate charged on all lending. Currently, the Fed is purchasing approx. $120B/month in municipal bond debt and holding interest rates near 0%. Either or both approaches could change; the Federal Reserve Board indicated last month it may commence slowing its purchase of municipal bond debt in November or December. (The Fed has indicated it would prefer to first, reduce municipal bond purchases before second, raising interest rates.)
Notably, certain quarters tend to watch a so-called “core” index of inflation, which removes the prices of food and fuel – prices that can jump on a daily basis, seemingly on a whim. And this core index shows consumer prices to have climbed 4% in 2021, with a lower jump in September (0.2%) than measured by the CPI. “I don’t think there’s any reason to panic,” noted one economist who watches this latter index.
Irrespective of which indices are tracked, much of the consumer price increases in 2021 can be traced to….
Supply Chain Woes: Dubbed the Great Supply Chain Disruption, cargo freight tie-ups at ports around the world show no sign of abating. Running out of places to put containers of clothes, shoes, electronics, and other consumer goods is an acute reaction by the global economy in response to the COVID-19 pandemic.
Once viewed as a momentary hiccup in the supply chain, many are now questioning whether the pandemic has altered commercial behavior for the long-term. Point-and-click online purchasing of everything from furniture to groceries may be here to stay. And so is the supply chain congestion.
Approximately 13% of the world’s cargo shipping capacity is tied up by delays. In recent reporting, the chief executive of the Georgia Ports Authority stated, “the supply chain is overwhelmed and inundated…. Everything is out of whack.”
The effects are enormous, with Germany’s industrial economic output lagging, rising inflation concerns among central banks across the globe, and U.S. manufacturers waiting an average of 92 days to assemble goods from shipped parts and raw materials.
The contributing factors are interdependent and complex:
- Shipping containers are in short supply in China;
- Products and raw materials are stuck in the wrong places;
- There is a shortage of truck drivers to move the goods; and,
- COVID continues to wreak havoc, as recently seen in Vietnam’s near-total shutdown for several months this summer due to widespread outbreak of the disease.
On October 13, President Biden announced the Port of Los Angeles would begin operating on a 24-7 timetable, to help dislodge the glut of backlogged shipping containers.
This economic factor, in turn, is related to…
Workforce woes: The nation’s workforce shrank in September, with 3 million fewer people looking for work than prior to the onset of the COVID-19 pandemic; a record 4.3 million people quit their jobs in August. The steepest drop in workers has occurred among the older population; many such workers simply retired. What’s the deal?
Rather than single-answer, fits-on-a-bumper-sticker rhetoric offered by talking heads from the two political parties, all the following, interdependent, reasons appear to be at play:
- Lingering health crisis – with some workers still deeming in-person work as dangerous; and even as those jobs become more appealing, workers may be weighing whether such jobs are worth the risk;
- Savings in the bank – trillions of dollars remain in savings from the pandemic as consumers held off spending on vacations and dining; these savings have allowed workers to hold out for more desirable jobs;
- Psychology – the pandemic caused many workers to rethink their priorities and directions;
- Glut of open jobs – workers see leverage in waiting for better offers; and,
Child care issues – even with schools back in-person, parents of younger children are struggling to find care (given the child care industry’s own bumpy road to recovery).
134TH GENERAL ASSEMBLY – PROPOSED & ENACTED LEGISLATION
(Changes from last month are noted in BOLD):
SJR 2 WATER QUALITY BONDS (Gavarone, T., Yuko, K.) This Resolution proposes to enact Section 2t of Article VIII of the Ohio Constitution to permit the issuance of general obligation bonds to fund clean water improvements.
SB 8 BROADBAND SERVICES (McColley, R.) Introduced on January 21, 2021, this bill addresses broadband expansion, including access to electric cooperative easements and facilities, and to make an appropriation. Note the companion HB 2 in the lower chamber, which has been signed into law by Governor DeWine.
This bill is a refresh of House Bill 13 (133rd General Assembly), which failed in the final stretch to enactment during the lame duck last session. Sponsor Sen. Rob McColley (R-Napoleon) notes this version represents a negotiated substitute bill that had been poised for adoption last December.
This bill seeks to establish an Ohio Residential Broadband Expansion Program (R.C. 122.40 et seq.) to induce internet providers to construct last-mile infrastructure to underserved areas, particularly in rural Ohio. Changes since the last General Assembly’s version include moving the program to ODOD, with the agency reviewing grant applications for the proposed Broadband Expansion Program Authority.
This Senate vehicle appropriates $20MM to the ODOD program in state fiscal year 2022.
After three hearings before the Senate Energy & Public Utilities Committee during late January and February, the Senate unanimously adopted the measure on February 10; it now moves to the House, where is has been referred to the House Finance Committee.
SB 10 ELECTRIC RATES (Romanchuk, M.). This bill seeks to change to two (2) FirstEnergy-friendly rate provisions: (a) repealing HB 6’s so-called “decoupling mechanism” that allowed FirstEnergy to lock its annual guaranteed revenue at 2018 levels – or $978MM/year; and (b) repealing the prior state budget bill’s modification to the significantly excessive earnings test (or SEET) determination as to whether FirstEnergy utilities obtained significantly excessive earnings that must be refunded (the budget bill had allowed FirstEnergy to combine figures across its three companies, offsetting gains at Ohio Edison with those from less profitable companies under its umbrella). Note the companion HB 128 in the lower chamber. This legislation leaves unchanged HB 6’s nuclear subsidies for the FirstEnergy power plants.
During February, the Senate Energy & Public Utilities Committee held three hearings, with the Senate unanimously passing the bill on February 17. The bill has been referred to the House Public Utilities Committee.
SB 13 CONTRACT LIMITATIONS (Lang, G.). This bill shortens the period of limitations for actions upon a contract; makes changes to the borrowing statute pertaining to applicable periods of limitations; and establish a statute of repose for a legal malpractice actions. Note the companion HB 53 in the lower chamber. The bill was heard and reported out by the Senate Judiciary Committee in early February, passed the Senate by unanimous vote on February 3, and passed the House by unanimous vote on February 24. The measure was signed into law by Governor DeWine on March 16 and takes effect 90 days hence.
SB 19 TAX EXEMPTION (Schaffer, T.) Introduced on January 26, this bill establishes a property tax exemption for certain property used for wetland mitigation projects. Specifically, this legislation codifies into law a current practice for property used in wetland mitigation projects used by nonprofit organizations. Bill sponsor, Sen. Tim Schaffer (R-Lancaster), noted, “If counties decide that they can charge property taxes on these wetlands, we would drastically hurt development that would normally occur in our districts,”
After the Senate Ways & Means Committee quickly reported out the measure, the Senate unanimously passed the bill on February 24.
The House passed the measure on June 28 (by a 59-36 vote), with amendments to reflect minor changes in this tax exemption’s application filing process. Importantly, during its passage, the bill became an omnibus tax policy update, with changes including an imposition of limits on tax revenue options available to the Toledo Area Regional Transit Authority (TARTA). Relevant to economic developers, the measure also included language from HB 51’s proposed process by which county auditors could initiate themselves (i.e., without need for property owner’s application) any changes to taxable value arising from destroyed / damaged property.
SB 32 CHARGING STATIONS (Rulli, M.) This bill would require the Director of ODOT to establish an electric vehicle charging station grant rebate program and to make an appropriation. Note the companion HB 47 in the lower chamber. This measure had its first hearing before the Senate Transportation Committee on February 17.
SB 44 ENERGY LAW (Rulli, M., Cirino, J.) Introduced on February 2, 2021, this bill seeks to repeal the nuclear resource credit payment provisions, and amend, and rename as solar resource, the renewable resource credit payment provisions of H.B. 6 of the 133rd General Assembly. Note the companion SB 128 in the lower chamber.
Sponsors Sen. Jerry Cirino (R-Kirtland) and Sen. Michael Rulli (R-Salem) note their proposal takes a more targeted approach to addressing the ongoing uncertainty over the future of last session’s HB 6. Specifically, this bill repeals the nuclear subsidies program portion of HB 6 while maintaining previous bill’s $20MM in annual solar subsidies. All other aspects of HB6 would remain in place. By design, Sen. Cirino noted, “It doesn’t open up the whole of House Bill 6 for negotiation”; the Senator represents a district in which is located one of the subject nuclear energy plants.
This measure was approved unanimously by the Senate on March 2. It was referred to the House on March 9.
SB 45 TAX INDUCEMENTS (Peterson, B., Kunze, S.) Introduced on February 2, 2021, this bill seeks to enhance state and local tax inducements for businesses making substantial fixed asset and employment investments and their suppliers. The measure had its third hearing before the Senate Ways & Means Committee on February 23.
SB 52 WIND FARMS (Reineke, B., McColley, R.) Introduced February 9, 2021, this bill requires inclusion of safety specifications in wind farm certificate applications, modifies wind turbine setbacks, and permits a township referendum vote on certain wind farm and solar facility certificates. Note the companion HB 118 in the lower chamber.
This bill, allowing for local prohibitions on wind turbine and solar projects, gained and lost various provisions during its journey to enactment. (Those fits and starts appear in prior months’ Bricker reports.)
Governor DeWine signed the bill into law on July 12; it takes effect 90 days hence. The final enacted version had the following key elements:
- A renewable energy developer must hold a public meeting in the proposed impacted community within six months prior to submitting a project application to the Ohio Power Siting Board. During the public hearing, the developer must provide county commissioners with project documentation, including maximum nameplate capacity and its proposed boundaries. Thereafter, county commissioners would have a 90-day window in which to: (i) do nothing (i.e., de facto approval); (ii) pass a resolution banning the project outright; or (iii) pass a resolution limiting the geographic area of the project.
- County commissioners are authorized to pass a resolution prior to any potential project to designate a restricted area in which any such construction is prohibited. Further, county commissioners must provide public notice to taxing entities in effected areas of a pending vote to designate a restricted area.
- Creates two (2) new ad-hoc voting seats on the Ohio Power Siting Board when voting on such projects (the new seats would be occupied, on a case-by-case basis, by a county commissioner and township trustee from areas within the footprint of the project being voted on). These ad hoc members are voting members, and must be named within 30 days after receiving notice of an application. The ad hoc OPSB members must be either a resident or another elected official from the respective political subdivision. These ad hoc members are prohibited from voting on their own commissioners / trustees boards as to local legislation to intervene on the state proceeding. These ad hoc members may engage in ex parte communications with any party in the case.
- The bill applies its provisions to “material amendments” to an existing facility, which is defined as changes to a facility’s generation type, increased nameplate capacity, modified boundaries in most cases, or increased number or height of wind turbines.
- Applies current law to economically significant or large wind farms that have incomplete applications pending with the Siting Board for up to 30 days after this bill’s effective date.
A Bricker-authored article was published as this bill was being delivered to Governor DeWine for his signature, available at the following link: https://www.bricker.com/resource-center/solar/publications/ohio-general-assembly-passes-sb-52-changes-to-wind-and-solar-siting-requirements
SB 57 EXEMPT CERTAIN HOUSING FROM PROPERTY TAXATION (Hackett R., Antonio N.) Introduced on February 9, 2021, this bill modifies the law regarding property tax exemptions and procedures and to authorize COVID-19-related property tax valuation complaints.
Of particular note to economic developers, the bill includes language regarding TIF annual service payments in lieu of taxes (i.e., PILOTs), namely: a change to R.C. 5709.91 to render minimum service payments by developers as covenants running with the land (and therefore enforceable against subsequent owners), to be recorded with the county recorder, in those TIF projects in which developers agree to make minimum PILOTs under the terms of their development agreements.
The Senate unanimously passed the measure on February 24, 2021. And on March 25, following changes to the bill in the House the House likewise unanimously passed the bill and sent it back to the Senate. On April 21, the Senate unanimously concurred with the House’s changes to the measure, and Governor DeWine signed the measure into law on April 27, 2021 (to be effective 90 days hence).
SB 61 PLANNED COMMUNITIES (Blessing, L., Antonio, N.) Introduced on February 17, 2021, this bill concerns condominiums and planned community properties and seeks to make changes to the New Community Law (R.C. Chapter 349).
This measure had its fourth hearing on October 19 in the Senate Local Government & Elections Committee, during which two amendments were accepted: (i) removing proposed changes to the New Community Authority law (R.C. Chapter 349) (already enacted in the state operating budget (HB 110)); and (ii) enabling condo boards and HOAs to more easily delete – as void under the law – restrictive covenants based on race, color, national origin, sex, religion, or familial status.
SB 83 BROWNFIELD SITES (Williams, S., Rulli, M.) Introduced on February 23, 2021, this bill seeks to require OEPA to conduct a study to determine where brownfield sites are located in Ohio and to make an appropriation. Specifically, the measure appropriates $150,000 from State GRF for an OEPA study of brownfield sites, with support from universities, to fill in the gaps in the current inventory program (which relies on voluntary reporting). The bill’s deadline for OEPA would be January 1, 2023.
The sponsors estimated there are approximately 9,000 such brownfield sites in existence in Ohio, but there is no single complete listing.
On May 19, 2021, the bill was passed unanimously by the Senate.
The bill has received three hearings through September 28, 2021, in the House Agriculture & Conservation Committee, with only written testimony submitted by OML considered at the last hearing. During earlier sponsor testimony, Sen. Sandra Williams (D-Cleveland) noted the $150,000 appropriation amount for the study is not enough to cover its cost; she stated an amendment to the bill has been drafted (but not yet shared) to appropriate $1M to the effort. And proponent testimony noted this funded study would create a snapshot-in-time view of the brownfields in Ohio; as of now, there is no centralized source of the data (OEPA’s list of such properties relies on voluntary disclosure, which is incomplete).
SB 84 CLEAN OHIO FUND (Williams, S., Rulli, M.) Introduced on February 23, 2021, this bill seeks to make changes to the law relating to the Clean Ohio Revitalization Fund. Note the companion HB 143 in the lower chamber.
This measure had its first hearing on March 16 in the Senate Agriculture & Natural Resources Committee, during which joint sponsor testimony from Sen. Michael Rulli (R-Salem) and Sen. Sandra Williams (D-Cleveland). Outlining their bill, the sponsors noted this measure would re-fund the Clean Ohio Revitalization Fund for cleanup of the sites identified under SB 83 (above), by directing excess liquor profits received from JobsOhio and pledging tem for Clean Ohio bonds. Sponsors noted during the period 2002 through 2013, CORF provided $400MM in grant assistance for brownfield site redevelopment.
During the bill’s second hearing on March 23, support for the measure was expressed by the Greater Ohio Policy Center, the Ohio Land Bank Association, and the Ohio Chamber of Commerce.
SB 97 MUNICIPAL TAXES (Roegner, K.) Introduced on February 25, 2021, this bill seeks to modify municipal income tax employer withholding rules for COVID-19-related work-from-home employees. Note the similar bill in the lower chamber (HB 157). This bill had its first hearing in the Senate Ways & Means Committee on May 12.
SB 98 TAX EXEMPTION (Antani, N.) Introduced on February 24, 2021, this measure seeks to exempt from sales and use tax things used primarily to move completed manufactured products or general merchandise, such as forklifts. The bill had its first hearing in the Senate Ways & Means Committee on September 21, with sponsor testimony heard from Sen. Antani (R – Miamisburg).
SB 108 BUSINESS GRANTS (Huffman, S., Romanchuk, M.) Introduced on March 2, 2021, this bill would provide $100MM in grants to bars and restaurants and $25MM to the lodging industry and make such appropriations. Note the companion HB 169 in the lower chamber.
On March 17, the Senate unanimously passed this spending proposal; the House Economic & Workforce Committee referred the bill in late April to the House Finance Committee, the latter of which reported out the measure on May 5. Later that same day, the House passed the bill on a 93-1 vote (the Senate concurred unanimously), and the bill was signed into law by the Governor on May 17, 2021.
SB 109 GRANT PROGRAM (Manning, N., Rulli, M.) Introduced on March 2, 2021, this bill would provide $300MM in grants to small businesses, child care providers, and indoor entertainment venues and make such appropriations. Note the companion HB 168 in the lower chamber, which was signed into law as a completely rewritten measure. On March 16, at its second hearing, this bill was reported out of the Senate Finance Committee and on March 17, the Senate unanimously passed this spending proposal; the House Economic & Workforce Committee referred the bill in late April to the House Finance Committee. In turn, the House Finance Committee changed the bill: for entertainment venue ($20MM/SFY 2021) and new business ($10MM/SFY 2021) grant programs administered by ODOD, the source of funding replaced the General Revenue Fund with federal the State’s Coronavirus Relief Fund.
The bill includes $150MM to the ODOD to provide grants to eligible small businesses which did not receive COVID-19 relief funding in 2020.
The Committee reported out the measure on May 5. Later that same day, the House passed the bill on a 89-2 vote (the Senate concurred unanimously), and the bill was signed into law by the Governor on May 17, 2021.
SB 111 LOCAL FISCAL RECOVERY (Blessing, L., Brenner, A.) Introduced on March 2, 2021, this bill originally sought to provide funding to schools in response to the COVID-19 pandemic. In its original form, the bill passed the Senate by unanimous vote on March 24. Those provisions were enacted into law via its companion HB 170.
On June 22, the House Finance Committee used this measure as the vehicle to appropriate $422MM of ARPA Local Fiscal Recovery Funds, representing the first slug received in late May by the State from the U.S. Treasury. The appropriations are to distribute federal stimulus to nonentitlement units of local government (NEUs), or those non-metro cities with less than 50,000 population which did not receive Local Fiscal Recovery Funds directly from the U.S. Treasury (compare: counties and metro cities).
Importantly, the Committee included townships as NEUs in its appropriations of Local Fiscal Recovery Funds.
The Local Fiscal Recovery Funds will be distributed via Ohio OBM to non-metro cities, incorporated villages and townships based on population.
(In late May, the U.S Treasury instructed those states with “minor civil divisions,” or townships in Ohio’s instance, to undertake a facts-and-circumstances test to determine whether such entities have the legal and operational capacity to stand as NEUs in accepting Local Fiscal Recovery Fund allocations and provide a broad enough range of services that would constitute eligible uses of such funds. Bricker had expected the DeWine Administration, through the Ohio OBM, to make such a factual determination; with this measure, the Ohio General Assembly legislatively determined that townships are eligible to receive ARPA stimulus funding.)
The Committee accepted the re-written measure, with the House passing the bill on June 24 by a 60-34 vote (with a last-minute floor amendment to prohibit public and private entities from requiring COVID-19 vaccinations). Note the provisions of this rewritten measure were inserted into HB 168, which has been signed into law.
SB 112 TAX FORECLOSURES (Dolan, M.) Introduced on March 2, 2021, this bill seeks to make changes to the law relating to tax foreclosures and county land reutilization corporations. This measure is a re-introduction of the county land bank law changes proposed in August 2020 under companion bills in the previous Ohio General Assembly (HB 755 and SB 356).
Note the companion HB 241 in the lower chamber.
As was the case with the previously introduced bills, SB 112 seeks to make large-scale changes to county land banking law (R.C. Chapter 5722) and the law relating to tax foreclosures (R.C. Chapter 323). This measure was written in coordination with the Cuyahoga County Land Bank and other land bank leaders in Ohio.
During sponsor testimony on March 16 in the Senate Local Government & Elections Committee, Sen. Matt Dolan (R-Chagrin Falls) described his bill as a modernization of land banking in Ohio. Land banking statutes in Ohio were last updated in 2015 by removing population requirements first put in place in 2009, thus making all counties eligible to form county land banks. At present, 59 counties have established land banks across Ohio.
The measure had its third hearing on October __, during which an amendment was accepted, making the following changes to the bill: (i) requires a county land bank’s annual report to include DTAC collection information and the county land bank’s financial position; (ii) clarifies “nonproductive land” must only be offered for sale once; (iii) changes the timeframe for appeals under the expedited tax foreclosure process from 14 to 30 days; (iv) reinstates existing law provision requiring property transfer fees to be paid to the county recorder for the transfer and recording of a deed; and (v) clarifies both “nonproductive” and “abandoned lands” that are foreclosed will forfeit to the state if not sold upon first sale.
SB 144 CONSUMER PROTECTIONS (Rulli, M., Williams, S.) Introduced on March 23, this bill would enact the Consumer Protection Call Center Act which would require notices by employers relocating a call center to a foreign country and would disqualify those same employers, upon their relocation, from receiving state grants, loans, tax credits and other incentives for five years. The Senate Finance Committee held its first hearing on the measure on Sept. 14, during which its sponsor, Sen. Michael Rulli (R-Salem), stated it is aimed at discouraging firms from relocating call center jobs overseas.
SB 152 TASK FORCE ESTABLISHMENT (Hoagland, F.) Introduced on April 6, 2021, this bill would establish the Fraud, Waste, and Abuse Task Force in the office of the Attorney General. This 10-person office would investigate instances of fraud by entities applying for public funds, including grants.
SB 166 VOCATIONAL SCHOOLS-COMMUNITY REINVESTMENT AREAS (Reineke, W.) Introduced on April 21, 2021, this bill generally regards career-technical education. The bill would require that school compensation agreements reached under commercial or industrial CRA abatements be provided on the same terms and conditions to joint vocational school districts. Note the companion bill in the lower chamber (HB 303).
This measure unanimously passed the Senate on June 16, 2021. The bill had its first hearing in the House Economic & Workforce Development Committee on October 13.
SB 172 MUNICIPAL CORPORATION (Schaffer, T.) Introduced on May 5, 2021, this bill would require municipal corporations with more than $100 million in annual income tax collections to provide a tax credit to nonresident taxpayers.
SB 212 FORECLOSURES (Hackett, B.) Introduced on July 27, 2021, this bill seeks to make procedural changes to real property foreclosures under R.C. Chapter 2329 (i.e., judicial sales, sheriffs’ sales, etc.). This bill had its first hearing in the Senate Judiciary Committee on Sept. 14, during which sponsor testimony was provided by Sen. Bob Hackett (R-London).
SB 225 TAX CREDITS (Schuring, K.) Introduced on September 8, 2021, this bill would temporarily modify the historic rehabilitation and the opportunity zone investment tax credits. Sponsor Sen. Kirk Schuring (R-Canton) has stated developers advised him the state could do more to improve the HPTC’s use and that the Opportunity Zone Tax Credit has been underutilized because of delays in regulations at the federal level.
Changes would apply for State Fiscal Year (SFY) 2022 and SFY 2023 as follows:
- Historic Preservation Tax Credit (HPTC) program:
- Increase the HPTC aggregate cap from $60MM/year to $120MM/year;
- Increase each project cap from $5MM to $10MM;
- Increase tax credit thresholds for municipalities < 71,000 population from 25% to 35%.
- Projects having been approved during SFY 2021 can convert their credit to capture these enhancements, so long as the project did not yet commence
- Ohio Opportunity Zone Tax Credit program:
- Increase the amount of funds available from $50MM to $100MM.
The Senate Finance Committee held its second hearing on October 19, during which proponent testimony was provided by NAIOP – Ohio.
The Ohio Export Internship Program matches businesses interested in growing exports with highly motivated college students who have taken export-focused coursework. The Ohio Department of Development offers participating small to medium-sized businesses a 50 percent reimbursement for the wages of the intern.read more
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