130th Ohio General Assembly
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H. B. No. 357  As Introduced
As Introduced

129th General Assembly
Regular Session
2011-2012
H. B. No. 357


Representative Ramos 

Cosponsors: Representatives Pillich, Hagan, R., Foley, Phillips, Fende, Antonio, Letson, Murray, Weddington 



A BILL
To enact section 9.662 of the Revised Code to require JobsOhio and state agencies offering economic development assistance to obtain Controlling Board approval before providing economic development assistance to a person who, at or near the time of receiving the assistance, relocates employment positions from one taxing district to another or eliminates positions at an existing location.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Section 1. That section 9.662 of the Revised Code be enacted to read as follows:
Sec. 9.662. (A) For the purposes of this section:
(1) "Economic development assistance" means any grant, loan, guarantee, or job creation or retention tax credit authorized by the Revised Code.
(2) "Taxing district" means a geographical area in which the aggregate property tax rate is uniform.
(3) "Economic development agency" means JobsOhio or the department of development or any other state agency authorized to award economic development assistance.
(4) "Original location" means the street address from which the proposed recipient of economic development assistance proposes to relocate.
(5) "New location" means the street address to which the proposed recipient of economic development assistance proposes to relocate.
(6) "Taxing unit" has the same meaning as in section 5705.01 of the Revised Code.
(B) An economic development agency shall obtain controlling board approval before granting economic development assistance to any person who, at or near the time of receiving the assistance or receiving approval to receive the assistance, will relocate or decrease the payroll of one or more substantially similar employment positions from one taxing district to another or will eliminate a position at the person's original location. The controlling board may not approve such economic development assistance unless the agency demonstrates, to the satisfaction of the controlling board, good cause for the relocation or elimination. Good cause includes, but is not limited to, substantial enhancements of production or employment, more efficient utilization of existing infrastructure, enhanced transportation capacity, or other causes recognized by the controlling board.
(C) An economic development agency required to obtain approval of the controlling board under this section shall, before approval is granted, submit to the controlling board the following information:
(1) The number of full-time equivalent positions that would be relocated or eliminated from the original location.
(2) The number of full-time equivalent positions that would be relocated or gained at the new location.
(3) The change or estimated change in payroll at both the original and new locations.
(4) An estimate of the decrease in tax revenue that would be received by each taxing unit encompassing the original location.
(5) An estimate of the increase in tax revenue that would be received by each taxing unit encompassing the new location.
(6) An explanation of the value or advantages of the employment relocation or elimination.
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