Industries & Practices

Economic Development

Back

Ohio AG Report Highlights Importance of Economic Development Incentive Compliance

Thursday, December 19, 2013

By M. Shannon Martin, Robert F. McCarthy

This is for informational purposes only. It is not intended to be legal advice and does not create or imply an attorney-client relationship.

Download PDF

Authors

M. Shannon Martin Partner

Dayton 937.224.1841 VCard

Robert F. McCarthy Partner

Columbus 614.227.2308 VCard

Related Insights

Intensive Care for Hospital Finances: Economic Development Tools

Welcome Home Ohio: County Land Banks Setting the Table for Affordable Housing Development

How Will the Recent Tyler v. Hennepin County, Minn. Decision Affect Ohio's Land Banking?

Take that, federal Sixth Circuit! Ohio Supremes reject “takings” claims against county tax foreclosures

"B-sides" ARPA – Congress adds fifth and sixth buckets of eligible use

Senate Bill 33 changes to Community Reinvestment Area (CRA) tax incentives cut red tape for projects, expand opportunities to limited home rule townships

Business owners receive tax credit for hiring student employees: Learn more on Dec. 7th

New 6th Circuit opinion puts the brakes on expedited tax foreclosures by county land banks

ARPA final rule - The "B-sides collection": Parks and recreation facility improvements

ARPA cash: Demolition and capital expenses related to vacant and abandoned buildings

ARPA Final Rule - The "B-sides collection": Affordable housing development

ARPA final rule – The “B-sides collection”: Seeding revolving loan funds

ARPA final rule – The “B-sides collection”: Funding capital projects

County land banks ideally suited to help spend ARPA stimulus cash

ODOD releases rules and program guidelines for Brownfield Remediation Program and Building Demolition and Site Revitalization Program

Trying to fit that square peg in a round hole? Your efforts at spending ARPA stimulus may get easier with pending changes

Bricker closes historic tax-exempt PACE financing for 501(c)(3) recovery center

Understanding the current resources for expanding broadband connectivity

You just caught that purple unicorn – now what? Ohio’s operating budget appropriates $500 million in grant funds for brownfield remediation and (commercial) building demolition

Local governments: The end of the virtual public meeting? All is not lost

Municipalities: The end of the virtual public meeting? All is not lost

Other people’s money: Certain use of federal stimulus cash by land banks “presumed” eligible

Ohio Senate Committee chefs baking economic development morsels into their version of the state budget bill

Ants arriving at the picnic: U.S. 6th Circuit Court of Appeals finds merit in federal “takings” claim filed against county land bank

Much more than just “drug houses”; State grants to fund commercial building demolition would propel county land banks as key drivers of Ohio’s economic development

Lame duck results in energy-efficiency deductions for public buildings and airport development districts

New “transformational mixed use development” state tax credits

Ohio General Assembly considering significant CRA law change during lame duck session

Virtual Public Meeting option extended through July 1, 2021

Ohio Supreme Court upholds “expedited tax foreclosures,” allowing county land banks to acquire unoccupied, tax delinquent properties free of charge

FAQs regarding voluntary disclosure

Voluntary disclosure considerations during the COVID-19 pandemic

Ohio returns to funding spec-based commercial & industrial development

SEC reiterates stance on application of anti-fraud provisions to all public statements

PACE offers innovative financing for significant energy efficiency and renewable energy improvements

Calling all economic developers: Large TIFs may be eligible for a one-time extension opportunity

Ohio will become fourth state to offer residential PACE for energy improvements

Dayton Arcade approval marks several “firsts” for PACE financing

New regulation requires bond issuers to disclose all new "material" financial obligations

2018 lame duck summary and 2019 budget and legislative preview

JEDDs remain a flexible, powerful tool for promoting development

$25 million rehabilitation of Dayton's Delco building

PACE financing used for $3.3 million upgrade of downtown Columbus tower

$11.6 million LEED certified mixed-use building on Cleveland’s lakefront

Property Assessed Clean Energy (PACE) Financing: The Ohio Story

Opportunity Zones

JEDDs face new reporting rule promulgated by the Ohio Department of Taxation

Conference agreement on tax reform: Private activity bonds, stadium bonds spared; Advance refundings and tax credit bonds axed

Ohio legislature considers expansion of broadband service for underserved areas

Keeping “PACE” with energy technology in school districts

Tax reform update: H.R. 1 proposes significant limits on municipal bonds

Pending legislation would revise Ohio TIF law, require township compensation under certain TIF arrangements

Sub. Sen. Bill 235 creates new local property tax exemption for development sites, removes obstacle to establishing Downtown Redevelopment Districts

IRS issues new safe harbor provisions for management contracts

Am. Sub. House Bill 233 empowers cities to kickstart redevelopment projects

Substitute SB 185: Updating PACE financing and Special Improvement Districts

Ohio income tax changes for business income may increase taxes for some taxpayers

JEDD income taxes cannot exempt personal income or business net profits, Ohio Attorney General advises

Attorney General opinion clarifies the taxing power of joint economic development districts

Governor Kasich presents yearly State of the State Address

Ohio to provide $40 million in tax credits to historic preservation projects

Five simple steps to ensure state award compliance

AG report shows benefit of incentive compliance efforts

Ohio NCA pilot program scheduled to expire

Ohio enacts new limitations on joint economic development zones

Ohio’s mid-biennium review budget bill released

Ballot issues as economic investment tools

Amendment to the Sunshine Law Permits Economic Development Executive Sessions

The infrastructure boom in eastern Ohio's shale play

See All

Columbus

Cleveland

Cincinnati

Dayton

Marietta

Barnesville

Lebanon