SB 307 OH
Allow tax increment financing for police, firefighting facilities
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Summary
Ohio Senate Bill 307 amends the tax increment financing law to allow police and firefighting facilities to be funded through tax increment financing arrangements. Tax increment financing is a development financing tool that uses increased tax revenue generated from development in a specific area to fund public improvements in that area. The bill expands the types of public facilities eligible for TIF funding to include police stations, fire stations, and other law enforcement and firefighting infrastructure.
AI-generated plain-language summary of the bill (from the OpenStates abstract — no full text available yet) — neutral, and may be imperfect.
Official abstract
To amend section 5709.40 of the Revised Code to allow funding for police and firefighting facilities in tax increment financing arrangements.
Sponsor (1)
- Jane M. Timken Republican · primary
Action history (6)
- Oct 28, 2025 Introduced · upper
- Oct 29, 2025 Referred to committee · upper
- May 12, 2026 Reported · upper
- May 13, 2026 Passed · upper
- May 19, 2026 Introduced · lower
- May 20, 2026 Referred to committee · lower
Full text
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