Not only does it maximize and capitalize on Ohio's natural gas reserves, but also it addresses and incentivizes some of these brownfield areas. Is that correct, Senator Reinfield? We have was suggested that we have a priority investment area, which is exactly what you're talking about, which would be including brownfields and those kinds of spaces that would they would have an accelerated time period for approval, but also they would have a 0% on the transmission tax rate and then it would go to 25% after the five years. That's an important point for this bill to really address because there's a lot of these cleanup areas, President McCauley, that are still vacant and they might be a good site to put a natural gas plant on. (10:33–10:52)
CLAIM
Asserts that priority investment areas, including brownfields, will have accelerated approval and a 0% transmission tax rate initially.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
