June 28th, 2016
May 2016 was a busy month at the Ohio General Assembly with a number of bills passed, including several that GOPC has been tracking. The bills described will assist neighborhood and community revitalization efforts around the state.
- HB390-fast track mortgage foreclosure on blighted residential properties. This bill became the vehicle for HB463 (and the earlier iteration of HB134). The portion of the bill GOPC was closely following provides path to expedite mortgage foreclosure on blighted residential property. The bill requires properties for sale through the sheriff or a private auctioneer to be offered through a website as well as in person. This bill is on the way to Governor for signature.
- HB 233-Downtown Redevelopment Districts. This act authorizes municipal corporations to create DRDs and Innovation Districts, which are essentially TIF districts. The DRD TIF and the Innovation District TIF can be used for a range of activities, including funding downtown managers (i.e. operating costs) and investing in building rehabilitation. This act has been signed and will go into effect August 6, 2016.
- HB 182-Joint Economic Development Districts. This bill expands eligible uses of JEDD income tax to include redevelopment; allows retail businesses to apply for property tax exemption in Enterprise Zones; adjusts Ohio’s New Market Tax Credit to allow more businesses to apply; requires federal NMTC commitment to access state NMTC. The bill is on its way to the Governor for signature.
- HB 303- D.O.L.L.A.R. Deed Program. The bill creates a voluntary program whereby homeowner facing foreclosure can quit-claim deed their home to their lender (deed in lieu of foreclosure) and then lease back the property for a set period of time with the option to rebuy. The bill is on its way to the Governor for signature.
October 28th, 2015
By Lindsey Gardiner, Government Affairs Manager
Throughout the month of October, Government Affairs Manager Lindsey Gardiner has been on the move within the House and Senate offering interested party testimony for various legislative bills that would impact Ohio’s revitalization policies. From establishing Downtown Redevelopment Districts and collecting data to track the effectiveness of the Historic Preservation Tax Credit, to extending and expanding the Local Government Innovation Council, there is a lot going on within the chambers of our Legislature.
On October 14th, GOPC submitted written interested party testimony for HB 340, which proposes to extend the Local Government Innovation Council (LGIC) through December 31, 2019. Currently, the LGIC is scheduled to sunset by the end of December this year. GOPC was extremely supportive of the LGIC when it was established nearly five years ago and we have been impressed by the Program’s positive impact in hundreds of communities across the state. Our testimony to the House State Government Committee affirmed that this program effectively encourages Ohio governments to work more efficiently and that extending the LGIC would enable the continuation of the programs that have benefited communities in innovation, efficiency, and public safety.
Lindsey Gardiner, Manager of Government Affairs, offered interested party testimony on numerous bills this month.
HB 233, which proposes to authorize cities to create Downtown Redevelopment Districts (DRDs) and Innovation Districts to promote economic development, is another bill GOPC has strived to place in the spotlight within its respected committee. Earlier this month GOPC offered testimony that supported the overall objectives of the proposal and shared with members of the House Government Accountability and Oversight Committee of our endorsement of the bill. Testimony stated that our Policy Committee decided to endorse HB 233 as it champions revitalization and incentivizes much-needed investment and redevelopment in Ohio. Additionally, since offering testimony for this bill, HB 233 was amended before ultimately being passed out of Committee. GOPC is happy to report that the bill was amended to include a provision requiring the collection of necessary data to track the performance of revenues resulting from the Historic Preservation Tax Credit (HPTC). As you may recall, the HPTC has played a vital role in the rehabilitation of historic buildings throughout Ohio and has proven to bring economic benefits to the state in more ways than one. This new provision will help the preservation community and members of the Legislature gain a better understanding of why the HPTC is so important.
For more information on GOPC’s testimony, the endorsement of HB 233, or to ask any questions pertaining to our legislative efforts, please feel free to contact Lindsey Gardiner at LGardiner@greaterohio.org.