The Ohio House of Representatives recently heard testimony in support of H.B. 135, which would authorize nonrefundable credits against the income tax and certain business taxes for the rehabilitation of vacant industrial sites (see our April 22, 2013, blog post for more information). Witnesses explained that redeveloping a brownfield site inherently involves "chronic risks and volatile costs" that make it difficult to acquire bank loans during the critical early stages of development, according to the Gongwer Ohio Report. For more, read the full text of H.B. 135.