Ohio HB981 amends procedures for creating joint economic development districts, including notice requirements and public hearings.

Ohio HB981 amends the Revised Code to revise procedures for creating joint economic development districts. It mandates that contracting parties provide notice to record owners of real property and business owners within the proposed district. Public hearings must be held before approving a district contract. The bill outlines requirements for petitions, public notices, and the composition and duties of the board of directors. It also specifies conditions for amending district contracts and the process for approving such amendments.

Ohio HB981 amends procedures for creating joint economic development districts, including notice requirements and public hearings.

Ohio HB981 amends the Revised Code to revise procedures for creating joint economic development districts. It mandates that contracting parties provide notice to record owners of real property and business owners within the proposed district. Public hearings must be held before approving a district contract. The bill outlines requirements for petitions, public notices, and the composition and duties of the board of directors. It also specifies conditions for amending district contracts and the process for approving such amendments.