Nov 29 2016

Senate Bill 235, introduced by Senator Bill Coley (R-Cincinnati) and Bill Beagle (R-Dayton) would exempt from property tax the increased value of property on which industrial or commercial development is planned until construction of new commercial or industrial facilities at the property commences. This bill is opposed by the OTA because it removes all local control over the approval, duration, or any additional requirements tied to the tax exemption. Additionally, the bill's lack of recognition of already existing tax agreements such as TIFs, CRAs and enterprise zones would not only jeopardize these agreements, but could threaten new agreements in the future and affect bond payments for current projects. The OTA is working in collaboration with other local government and economic development groups to make changes to the current version of the bill that would restore local authority and preserve the integrity of current and future TIF agreements. Call or email your House member to express opposition to this bill!

Latest News

Jan 12 2017

Registration for the upcoming OTA Winter Conference is now closed.  On-site registration will be available each day at the conference. 

Nov 29 2016

Senate Bill 235, introduced by Senator Bill Coley (R-Cincinnati) and Bill Beagle (R-Dayton) would exempt from property tax the increased value of property on which industrial or commercial development is planned until construction of new commercial or...

Nov 23 2016

Courtesy of Ice Miller LLP   In a stunning turn of events, a Texas federal district court has entered a preliminary nationwide injunction against the U.S. Department of Labor's (DOL) updated "white collar" overtime regulations. (Nevada v. U.S....