Ohio’s Transformational Mixed-Use Development Tax Credit Nears Passage
Ohio Environmental Law
DECEMBER 5, 2020
After taking three years to wind its way through the Ohio General Assembly, Senate Bill 39 may pass out of the Legislature by the end of the year. The Bill would create a “Transformational Mixed-Use Development” (TMUD) tax credit. The TMUD tax credit provides a 10% tax credit for documented development costs. If the project is certified as eligible, the property owner can sell or transfer the rights to the tax credits to insurances companies.
40 
Let's personalize your content