DevelopOhio

If you were living your life fully in late December 2022, you can be excused for having missed a big deal in the world of the American Rescue Plan Act. Your “B-sides” authors, however, grew excited at the prospect of new eligible funding categories (i.e., additional buckets of use) for recipients’ ARPA allocations. 

Federal energy policy is making many new incentives available for local governments to fund energy-related assets. The Inflation Reduction Act (IRA), enacted in 2022, established a set of energy-related asset categories that are now being directly subsidized by the federal government. Under the IRA, nearly any advanced or renewable energy asset ...

Great Lakes Authority established to promote economic, environmental development

Much ballyhoo has accompanied the U.S. Treasury’s publication in January 2022 of its Final Rule in the use of American Rescue Plan Act (ARPA) funds. Local governments across the country are scrambling to deploy their stimulus funds in response to the pandemic, pay essential workers, provide government services, and invest in water, sewer and ...

With the U.S. Treasury’s January 2022 release of its Final Rule in the use of American Rescue Plan Act (ARPA) funds, we began publishing this series of articles reviewing the lesser publicized aspects of that guidance (hence, the “B-sides” moniker). In this edition, we address the Treasury’s presumed eligible use of federal ...

Rep. Kaptur proposes Great Lakes Authority to promote and protect region

Continuing our series of articles reviewing the lesser publicized aspects of the new American Rescue Plan Act (ARPA) guidance (hence, the “B-sides” moniker), we address the U.S. Treasury’s issued guidance as to using federal stimulus funding to seed local governments’ revolving loan funds (RLFs). Specifically, we have clearer ...

Much has been written by various prognosticators regarding the January 6, 2022, release by the U.S. Treasury of its final rule as to the use by state and local governments of federal stimulus funding under the American Rescue Plan Act (ARPA).

Application deadlines for ARPA broadband funding: August 13 and August 20

MORPC receives $400K federal grant to update Central Ohio economic development strategy

Bricker & Eckler will present a free webinar, "American Rescue Plan Act of 2021 (ARPA) Impact on Local Governments and Small Businesses," for the Toledo Regional Chamber of Commerce, Tuesday, April 20, at 2:00 p.m. EDT.

Bricker & Eckler, along with national and state partners, will host a webinar Tuesday, January 12, 11:00 a.m. - 1 p.m. EST, to recap significant PACE industry developments from 2020 and preview what’s on the horizon for 2021. The webinar will focus on the Ohio, Kentucky, Michigan and Pennsylvania markets. Special guest Colin Bishopp, Executive ...

Car manufacturers broadening EV lineups to include more SUVs, trucks

US corporate demand will drive up to 72 GW in new renewable projects over next 10 years

FERC ruling reverses 40 years of PURPA precedent in defining small solar

DC Circuit ruling overturns longstanding FERC practice of delaying through tolling orders

$1B Gemini Solar Project will be largest solar project in U.S. history 

Renewables could overtake coal generation in 2020 as COVID-19 accelerates transition

CARES Act “filled with options” to help small businesses, MAGNET says

The Opportunity Appalachia forum, held in Marietta, Ohio, on January 14, brought together approximately 75 local leaders in southeastern Ohio to learn more about the federal Opportunity Zone program. 

Senate bill proposes federal standard for U.S. renewable electricity generation

DOE funding projects to develop next-gen wind turbine drivetrain technologies

First quarter of 2019 propels U.S. wind power construction to record level

U.S. led record year for corporate clean energy PPAs in 2018

On January 14, 2019, the President signed the Water Infrastructure Improvement Act (H.R. 7279), granting municipalities new statutory tools to affordably confront expensive infrastructure challenges using Integrated Planning. Bricker & Eckler, McMahon DeGulis and Muskingum Watershed Conservancy District are hosting a free series of ...

Water Infrastructure Improvement Act grants new tools to municipalities

Lake Erie wind turbine project “won’t harm environment,” DOE rules

The Treasury Department has released guidance for the new opportunity zone (OZ) tax incentive, and has also released special rules for capital gains invested in opportunity zones.

Acting EPA head says new clean-air plan gives states more flexibility

Opportunity Zone program stimulates development in distressed communities

U.S. DOE offers up to $6M in funding for wind R&D

Columbus turned $50M into $500M for Smart City through public-private partnerships

FERC votes to remove barriers to “participation of electric storage resources” by RTOs 

New U.S. tax law lessens federal historic tax credit, putting projects at risk 

FirstEnergy proposes up to 2 percent rate hike for grid improvements

The Tax Cuts and Jobs Act (TCJA) was released on December 15, 2017. The Committee of Conference chose not to follow the House’s repeal of authorization for private activity bonds — a financing vehicle used to finance 501(c)(3) institutions, such as private universities and hospitals, as well as other projects, such as low-to-moderate income ...

In the early morning hours of Saturday, December 2, 2017, the United States Senate, by a vote of 51-49, approved its version of H.R. 1, the Tax Cuts and Jobs Act of 2017, commonly referred to as the Senate’s tax bill. The Senate and House are expected to attempt to reconcile the two versions this week in order to produce a single piece of legislation that ...

The House of Representatives passed H.R. 1, the Tax Cuts and Jobs Act, on November 16, 2017, by a vote of 227 to 205. The Senate Finance Committee passed its version of tax reform hours later, 14-12.

On November 9, the Senate Finance Committee released the "Chairman's Mark," which is a summary of what the Senate's version of the Tax Cuts and Jobs Act is expected to contain.

On November 2, 2017, the U.S. House of Representatives Ways & Means Committee released its first draft of H.R. 1, known as the Tax Cuts and Job Act (the bill). If enacted in its current form, the bill would prohibit the use of a number of funding techniques that use tax exempt bonds. Specifically, the bill would no longer permit private activity bonds to be ...

Annual survey of top site selection factors: skilled labor tops list for 2016 

Slow economic growth is the “new normal,” experts say

The Internal Revenue Service has announced a new safe harbor for management contracts relating to certain bond-financed facilities. 

On July 19, 2016, the White House announced the Clean Energy Savings For All Initiative, a new partnership among several federal agencies designed to increase access to solar energy and promote energy efficiency. 

Port authorities say proposed federal regulations could hurt their operations

The transformation of the American economy over the last 30 years has significantly limited the usefulness of small issue IDBs, and job creators are seeking to update the law to enhance the effectiveness of the program.

South Korean flooring manufacturer locates first North American plant in Ohio

Supreme Court upholds “demand-response” programs

Credit ratings of otherwise fiscally-sound municipalities that issue municipal bonds to support economic development projects could be downgraded if the projects fail to meet expectations, according to the Bond Buyer. “Local governments with strong credit fundamentals can suffer when forced to assume the risks associated with third-party ...

PACE guidance change opens program to FHA homeowners for first time

Ohio's unemployment rate dropped to 6.1 percent in March

Ohio's unemployment rate dropped to 6.5 percent in February

Ohio's unemployment rate dropped to 6.9 percent in January

Ohio's unemployment rate dropped to 7.2 percent in December

Ohio's unemployment rate dropped slightly in November to 7.4 percent

Ohio's unemployment rate was 7.4 in September and 7.5 percent in October

Two Ohio economic development entities receive federal grants to help bring jobs to the United States

Ohio's unemployment rate increased slightly to 7.3 percent in August

Ohio's unemployment rate holds steady at 7.2 percent in July

White House allows the President’s Council on Jobs and Competitiveness to expire

JobsOhio quarterly meeting update: 2012 in review and looking forward to 2013

Columbus ranks 4th in the On Numbers Economic Index for January 2013

Extension of wind energy tax credit brings relief to wind energy employees and project developers in Ohio