OH SB307

Amends Ohio Revised Code section 5709.40 to add "buildings for police or firefighting" to the definition of "public infrastructure improvement" eligible for tax increment financing (TIF) funding

Maintains the existing prohibition on using TIF service payments for police or fire equipment under incentive district ordinances adopted on or after March 30, 2006

Allows municipal corporations to use TIF revenue generated from property tax exemptions within incentive districts to finance construction of police and fire station buildings

Does not change other TIF requirements, including the maximum 300-acre incentive district size, exemption limits (up to 75% for 10 years without school board approval, or up to 100% for 30 years with approval), and public hearing/notification procedures