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23Jul

Little-noticed change to TIF law allows municipalities and townships to redirect up to 25 percent of their TIF funds to public safety, road and bridge maintenance during FY 2020 & 2021

This month, the Ohio General Assembly fast-tracked a school construction finance measure as a mini-capital appropriations bill. Amended Senate Bill (Am. SB) 4 was signed into law by Governor DeWine on July 24, 2020, after the measure was prioritized by leaders in the Ohio House and the Senate. A provision included in Am....
By: Bricker & Eckler LLP
Source Url: https://www.jdsupra.com/legalnews/little-noticed-change-to-tif-law-allows-87396/

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