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Tax Increment Financing Economic Development Tax Incentives

Bricker Graydon LLP

PACE: A Flexible Economic Incentive That Doesn’t Interfere with a Political Subdivision’s Existing Tax Revenues

Bricker Graydon LLP on

PACE leaves your current tax revenues intact. Property Assessed Clean Energy (PACE) financing is an economic development tool that does not subtract or redirect a political subdivision’s existing tax revenues. Many economic...more

Kohrman Jackson & Krantz LLP

Ohio House Bill 501 Expands the Possibilities for Townships Use of TIF and PILOT Incentives

Recently enacted Ohio House Bill 501 (HB 501) expands options for townships desiring to create a tax increment financing (TIF) incentives agreement. Under the HB 501, a township may create a TIF and use payments in lieu of...more

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