News & Analysis as of

New Legislation Economic Development Housing Market

Vorys, Sater, Seymour and Pease LLP

Ohio Budget Bill Brings Significant Changes and Economic Development Focus

On June 30, 2025, Governor Mike DeWine signed Amended Substitute House Bill 96 (H.B. 96), establishing Ohio's biennial budget for State fiscal years 2026-2027 (July 1, 2025 through June 30, 2027). This comprehensive budget...more

Cozen O'Connor

Broad Street Brief: City Council Passes FY26 Budget, HOME Bills

Cozen O'Connor on

City Council Passes FY26 Budget, HOME Bills- During their final meeting before summer recess, the City Council passed a staggering 58 bills, including the FY26 Capital and Operating Budgets, business and wage tax cuts, and...more

Tonkon Torp LLP

Big, Beautiful Opportunity Zones

Tonkon Torp LLP on

Deep in the 1,100 pages of the “big, beautiful bill” is a plan to retool and extend one of the big policies from the first Trump administration: Opportunity Zones. Under this tax incentive program, investors defer capital...more

Cozen O'Connor

Broad Street Brief Special Edition: Council Approves FY26 City Budget

Cozen O'Connor on

On the evening of Thursday, June 5, the Philadelphia City Council granted preliminary approval to several bills related to Mayor Cherelle Parker’s $6.8 billion FY26 City Budget with minimal changes to the initial proposal,...more

Cozen O'Connor

Major Long Island City Rezoning Enters Public Review

Cozen O'Connor on

On April 21, 2025, the New York City Planning Commission (CPC) certified the city-led Long Island City Neighborhood Plan, known as OneLIC, into public review. OneLIC seeks to build on Long Island City’s status as one of...more

Best Best & Krieger LLP

Surplus Land Act Requirements Expand for Local Agencies

Best Best & Krieger LLP on

Part 2: New California Housing Laws - Agencies will have expanded roles under the Surplus Land Act, and will have to satisfy new housing element requirements under Assembly Bill 1486, signed by Gov. Gavin Newsom on...more

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