The primary objective of the bill is to provide financial incentive for the development of new, single-family housing.
HB168 incorporates into Ohio law the federal Bona Fide Purchaser Defense (BFPD) established under CERCLA, which provides prospective buyers of contaminated property with an option to establish a defense to environmental liability after completing the All Appropriate Inquires and proper due diligence.
I wish to draw the committees attention to five issues which either are currently a part of HB166 or which GOPC believes should be addressed as part of HB 166. We believe that these recommendations build on Ohio’s recent success by recognizing potential, leveraging momentum, connecting people to places, and reviving our most important assets to ensure a Greater Ohio.
By Jason Warner, GOPC Manager of Government Affairs As Greater Ohio continues its advocacy efforts at the Ohio Statehouse, we have recently updated our policy platform as it relates to House Bill 49, the state main operating budget for Fiscal Years 2018-2019.
The full position paper is available here.
To learn more about House Bill 49, including status updates, you can read our April legislative update.