HB 198 would allow parcel owners to be excluded from TIF incentive districts
On Wednesday, Ohio Rep. Jim Butler (R-Oakwood) introduced HB 198, which would require political subdivisions that are proposing a tax increment financing (TIF) incentive district to provide notice to the record owner of each parcel within the proposed incentive district before adopting the TIF resolution. These owners would be permitted to exclude themselves from the incentive district by submitting a written response to the notice which stated that preference. For more, read the full text of the bill.
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