tax incentives

The GM plant in Lordstown, Ohio, closed in 2019 as part of a massive company restructuring.
Tony Dejak / Associated Press

Ohio officials are weighing whether to force General Motors to repay $60 million in public incentives after it shut down an assembly plant in Lordstown.

The White House is looking at extending a tax break for investments in certain low-income neighborhoods as it tries to find ways to address the devastating impact of the coronavirus on communities of color in America.

A provision in the 2017 tax cut law allows investors to defer and lower their capital gains taxes through 2026 if they invest their profits into designated "opportunity zones" –- areas struggling with high unemployment and low wages.

Attorney General Dave Yost speaks at a press conference in 2018.
Karen Kasler / Statehouse News Bureau

Attorney General Dave Yost says he doesn’t like some of what he found in a review of state incentives for economic development projects in the final year of former Gov. John Kasich’s administration. He’s now pushing some changes to the way the state awards grants, loans and tax credits.

The Jackson on High was built in 2010, and tax abatements for its condos expired last year.
Nick Evans / WOSU

The Jackson on High sits near the northern edge of the Short North. It’s seven stories of glass bounded by red and sand brick. On Instagram, one person compared the facade to the gates in Jurassic Park.

A Columbus Council candidate forum in October 2019. From left: Elizabeth Brown, Rob Dorans, Shayla Favor, Joe Motil, moderator Walker Evans, Emmanuel Remy, Scott Singratsomboune and Tiffany White.
Nick Evans / WOSU

City Council candidates clashed over tax abatements at a Columbus Metropolitan Club forum on Wednesday. Incumbents defend the idea, but challengers see plenty to criticize.

Paul Sableman / Flickr

Columbus City Council votes Monday night to approve the recommendations of a board that oversees business tax incentives.

Ohio Film Commissions Seeking Bigger Production Incentives

Jan 21, 2019
A sign displays information about the filming of scenes for the John Travolta movie I Am Wrath being shot inside the Ohio Statehouse on March 18, 2015.
Ann Sanner / AP

The film commissions of Cleveland and Cincinnati are asking Ohio to increase the annual amount of tax incentives to draw more film productions to the state.

Marla Pollitt / Pixabay

Columbus uses income tax incentives to encourage employers to create jobs. On Friday, City Council member Elizabeth Brown is announcing a measure requiring those jobs to pay at least $15 an hour.

Construction at River & Rich in Franklinton.
Nick Evans / WOSU

Columbus leaders baked in the Tuesday morning sun at River And Rich to promote a new tax abatement strategy aimed at increasing Columbus’ stock of affordable housing.

Amazon is getting a tax break from the state worth about $4 million dollars for its planned Euclid facility, but that money comes with some strings attached. 

Make that about a thousand strings.

Several Ohio cities are waiting to hear how their bids for Amazon's second headquarters went over with the retail giant. Gov. John Kasich is teasing the possibility of a new tech giant moving into Ohio.

Jeff Kubina / Flickr

Cincinnati mayor John Cranley says the region can win the bid for Amazon's second headquarters.

A Foxconn factory in the Czech Republic.
Nadkachna / Wikimedia Commons

Columbus City Council is scheduled to vote Monday on a proposal to allow tax incentives for larger businesses promising new jobs.