Tax Policy emerges as the big issue in Ohio’s Budget Debate
With the recent passage of House Bill 166, the Ohio House version of the state operating budget for fiscal years 20’-21’. For the first time in recent memory the operating budget passed the Ohio House with almost unanimous support from both Democrats and Republicans with a vote of 85-9. One of the more significant changes […]
Bi-partisanship has broken out at the Statehouse
“Ohio House Passes State Operating Budget with Bi-Partisan Support” This week brought the passage of the state’s operating budget out of the Ohio House with broad bi-partisan support. Efforts to work across the aisle and bring a new level of bi-partisanship to the House of Representatives seems to be continuing and was on full display […]
Will Ohio Keep the Nuclear Option?
What is old is new again this year at the Ohio Statehouse. This General Assembly brings with it another debate about energy policy and the role the state should play in the regulation and potential subsidization of one type of energy over another. House Bill 6 does a number of things, but primarily the legislation […]
New Opportunity Zone Regulations Provide Glide-path for Opportunity Fund Creation
The April 2019 US Treasury regulations published provide a clearer roadmap for the creation of Opportunity Zone Funds. The new federal government program provides substantial capital gains tax relief for longer term investors in one of 8700 census tracts designated as Opportunity Zones covering all fifty states and US territories. An original set of Treasury […]
New Treasury Opportunity Zone Regulations to Spur Corporate Site Location Projects
The April 2019 US Treasury regulations published provide a clearer road map for the use of Opportunity Zone in corporate site location projects. The new federal government program provides substantial capital gains tax relief for longer term investors in one of 8700 census tracts designated as Opportunity Zones covering all fifty states and US territories. […]
US Treasury Adopts Over 20 New Opportunity Zone Regulations
The April 2019 US Treasury regulations published provide a clearer roadmap for the creation of Opportunity Zone Funds. The new federal government program provides substantial capital gains tax relief for longer term investors in Opportunity Zones covering all fifty states and US territories. Key concepts central the Opportunity Zone program include: Qualified Opportunity Zones. 8700 […]
