Revises tax increment financing law
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To amend sections 5709.40, 5709.73, 5709.77, 5709.78, and 5709.911 of the Revised Code to establish a procedure by which political subdivisions proposing a tax increment financing (TIF) incentive district are required to provide notice to the record owner of each parcel within the proposed incentive district before creating the district, and to permit such owners, under specific conditions, to exclude their parcels from the incentive district by submitting a written response.
As Passed by the House
CommitteesSenate Ways and Means Committee
House Ways and Means Committee