Scott Ziance, partner in the Vorys Columbus office and Jon Stock, of counsel in the Vorys Columbus office co-authored an article for Area Development titled “Putting Your Best Foot Forward: Presentation of Incentives Information to the Media”.
In this edition of Development Incentives Quarterly, we welcome Subash Alias, Chief Executive Officer of the Missouri Partnership, a public-private economic development organization that has worked with partners to attract companies that have created more than 29,000 jobs and $4.8 billion in new capital investment in Missouri.
On March 2, 2022, the Ohio Tax Credit Authority (TCA) made 13 awards for a total of $100,000,000 of tax credits pursuant to Section 122.09 of the Ohio Revised Code, the Transformational Mixed-Use Development (TMUD) Tax Credit.
Vorys was pleased to be able to hold its 7th Annual Vorys Economic Development Incentives Conference back in person this year! The event, held in February 2022, drew more than 200 guests from a broad range of businesses, developers and government entities and featured speakers from around the country.
Taxpayers seeking to contest real property tax values established by assessing jurisdictions across the country often have a short window of opportunity to contest their new valuation.
As bankers know, challenging agency decisions and actions can be fraught with concern over the potential, whether justified or not, for agency “retribution.”
It’s never too early to get ahead of the curve on the LIBOR transition front. While lenders may have just cleared the first hurdle in the process - ensuring no new LIBOR contracts moving forward - questions still remain about what comes next.
Advisory boards can be, and typically are, a very helpful resource for seeking and obtaining important business and professional expertise, as well as community insights and input, for financial institutions. Advisory board members are often sought for those qualities and activities, and to serve as “good will ambassadors” for the institution, particularly in new markets or in seller markets that remain following bank charter consolidations.
With almost every state adopting the Uniform Electronic Transaction Act (UETA) and the federal government enacting the Federal Electronic Signatures in Global and National Cmmerce Act (15 U.S.C. § 7000, et seq.) (E-SIGN), the acceptance of electronic signatures has grown steadily in the past 20 years.
Upcoming changes to the rates paid to providers by Pennsylvania’s Office of Development Programs (ODP) may have a major impact on intellectual disability and autism services providers across Pennsylvania.
Ted Smith, a partner in the Vorys Columbus Office, and Michelle Smith, an associate in the Vorys Cleveland office, co-authored an article titled “Liquidated Damages in Ohio Purchase and Sale Agreements” for The Practical Real Estate Lawyer.
Vorys is a law firm, not an accounting firm. Nevertheless, because the topic addressed herein is important and timely for our economic development incentives clients, we decided to publish this client alert.
On December 7, 2021, Governor DeWine issued Executive Order 2021-16D authorizing the Ohio Department of Development (ODOD) to adopt temporary rules for the Brownfield Remediation Fund (the “Brownfield Program”) and the Building Demolition and Site Revitalization Program (the “Demolition Program”).
On November 15, 2021, President Biden signed into law a historic $1.2 trillion infrastructure bill known as the Infrastructure Investment and Jobs Act (“IIJA”).