FILE - In this Oct. 22, 2019 file photo, pipes lay along a construction site on the Mariner East pipeline in a residential neighborhood in Exton, Pa. COLUMBUS, Ohio – Bipartisan members of an Ohio House committee voted Tuesday to advance legislation that would provide interest-free loans and tax cuts for natural gas pipelines in areas deemed to have insufficient gas infrastructure in place.
Should the bill become law, local governments could access $20 million of state funds in interest-free loans to buy easements on property intended for a new gas pipeline. And that pipeline’s developer could exempt up to 75% of its value from its property taxes, providing savings on the scale of millions of dollars.
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