OH SB367

Allows sales and use tax exemptions for construction materials and services when a port authority or county commissioners unreasonably refuse to approve a development agreement meeting minimum investment thresholds

Defines "minimally acceptable investments" as at least $25 million in construction/renovation expenditures plus obligations to finance public infrastructure improvements in the surrounding area

Establishes 30-day deadlines for port authorities and county commissioners to approve qualifying agreements, after which refusal is deemed "unreasonable"

Creates an appeal process allowing developers to present rejected agreements to the Tax Credit Authority, which can issue certificates authorizing the sales tax exemption if minimum investment requirements are met

Amends Ohio Revised Code sections 4582.72, 5739.02, and 5739.03 to implement the new exemption pathway