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State Opportunity Fund Tax Credit Proposed in Ohio

Tuesday, September 11, 2018 - 10:00AM

Legislation was introduced to create a 10 percent state tax credit in Ohio for taxpayers who invest in an Ohio-based opportunity fund that participates in the federal opportunity zones (OZ) incentive. H.B. 727 would provide the state tax credit to taxpayers who invest at least $250,000 in an opportunity fund that holds 100 percent of its assets in a qualified OZ business or qualified OZ property in a designated Ohio qualified OZ. Hear the latest about the OZ incentive and make new connections at the Novogradac 2018 Opportunity Zones Conference, Oct. 2-3 in New Orleans.

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