New law adds certain infrastructure maintenance expenses to the list of authorized uses for TIF revenues
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On June 28, 2016, Governor Kasich signed Sub. H.B. 413, which expands the eligible expenditures of tax increment financing (TIF) funds to expressly include “the continued maintenance of those public roads and highways and water and sewer lines” that were financed by the TIF program. H.B. 413 also includes various measures related to township government in Ohio.