INCENTIVE DESCRIPTION

State:	OH
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Brownfield Credits
Description:	BROWNFIELD TAX CREDIT: The Brownfield Tax Incentive encourages investment in the cleanup and reuse of blighted properties which in turn revitalizes communities. This incentive offsets the short-term clean-up costs which are fully deductible in the year they are incurred.
Eligibility Requirements:	Any corporation, s-corporation, limited liability corporation, partnerships, limited partnerships and sole proprietorships who have participated in the Ohio EPA's VAP Program are eliible. The entitiy must also have received from the Director of the Ohio EPA a "Covenant Not To Sue".
Geographic Restrictions:	Statewide
Granting Authority:	Ohio Environmental Protection Agency
	HB 441

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.