Last month, U.S. Senate Energy and Public Works Committee Chairman Shelley Moore Capito (R-WV) and U.S. Senator Mark Warner (D-VA) have reintroduced the bipartisan Rural Historic Tax Credit Preservation Act (S. 631). At a...more
Ohio has emerged as a key player in the Midwest’s economic development, particularly in the realms of technology and infrastructure. A standout feature of the state’s growth is the rise of data centers, which have become...more
3/6/2025
/ Artificial Intelligence ,
Cloud Computing ,
Cryptocurrency ,
Data Centers ,
Economic Development ,
Energy Sector ,
Infrastructure ,
Internal Revenue Code (IRC) ,
Investment ,
Tax Credits ,
Tax Incentives ,
Technology Sector
On July 9, 2024, the Cuyahoga County Fiscal Officer (the County) released the newly appraised values for properties within their jurisdiction. As required by state law, every county in Ohio is required to update property...more
As the Ohio Statehouse works to complete its work on biennial appropriations for public infrastructure projects and one-time strategic community investments, the Ohio Department of Development (ODOD) is in the process of...more
Shortly before the end of the state’s fiscal year on June 30, Ohio legislators are aiming to appropriate over $3.5 billion in infrastructure and development projects as part of the state’s biennial capital budget. Within this...more
On November 16, 2023, Congressman Mike Turner (R-OH-10) and Mikie Sherill (D-NJ-11) reintroduced the bipartisan Brownfields Redevelopment Tax Incentive Reauthorization Act (H.R. 6438) (BRTIRA). BRTIRA is designed to provide...more
12/11/2023
/ American Taxpayer Relief Act of 2012 (ATRA) ,
Brownfield Properties ,
Environmental Protection Agency (EPA) ,
Hazardous Substances ,
Historic Preservation ,
Incentives ,
Inflation Reduction Act (IRA) ,
Infrastructure ,
Internal Revenue Code (IRC) ,
Low Income Housing ,
Redevelopment ,
Site Remediation ,
Tax Credits ,
Tax Incentives
The Secure 2.0 Act (Secure 2.0), a sweeping retirement bill included in Division T of the Consolidated Appropriations Act of 2023, was a major bipartisan accomplishment of the 117th Congress. The bill included 82 provisions...more
9/25/2023
/ 401k ,
403(b) Plans ,
457(b) Plans ,
Compliance ,
Congressional Budget Office ,
Consolidated Appropriations Act (CAA) ,
Employee Contributions ,
Employer Contributions ,
Internal Revenue Code (IRC) ,
IRS ,
Retirement Plan ,
Roth IRA ,
SECURE Act ,
U.S. Treasury
On June 1st, the Economic Development Administration’s Office of Innovation and Entrepreneurship (OIE) within the U.S. Department of Commerce launched the application process for the Build to Scale (B2S) Program. This program...more
This past Tuesday the Republican controlled Ohio Senate unveiled its two-year budget proposal. The proposed budget is about $2 billion less than the version the Ohio House passed and contains significant changes to Ohio’s tax...more