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SB 110

Modify tax credits under the rural business growth program

136th Legislature (2025-2026) Introduced by Brian Chavez and 1 co-sponsor

SB 110 modifies Ohio's rural business growth tax credit program, adjusting incentive structures to influence business investment in designated rural counties.

Referred to committee
#economicdevelopment #taxation
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Bill Summary · SB 110

Legislative bill overview

SB 110 modifies the tax credit structure and administration of Ohio's rural business growth program, which provides financial incentives to encourage business development in designated rural areas. The bill adjusts eligibility requirements, credit amounts, or claim procedures for businesses operating in qualifying rural counties and regions.

Why is this important

Rural economic development directly affects job creation, population retention, and tax base stability in Ohio's less-populated areas. Changes to this program's incentive structure can determine whether small businesses in rural communities remain competitive and whether communities can retain residents and attract new investment.

Potential points of contention

  • Program effectiveness vs. cost: Modifying credits raises questions about whether adjusted incentives represent sound public investment or constitute corporate subsidies with unclear return on investment
  • Geographic fairness: Changes may benefit certain rural regions over others, creating questions about equitable distribution of state resources across different rural areas
  • Fiscal impact: Alterations to credit amounts directly affect state revenue; stakeholders will debate whether forgone tax revenue is justified by economic benefits generated

Compiled from official sources — confirm details with the bill’s official record.

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