Ohio agency poised to approve $650 million Intel tax break

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Ohio agency poised to approve $650 million Intel tax break
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A state agency is set to approve tax breaks totaling $650 million over 30 years for Intel as part of its $20 billion investment in Licking County.

in incentives provided by the state to woo Intel.

JobsOhio, the state's economic development arm, has also committed $150 million in economic development and workforce grants and the city of New Albany said it will offer a 30-year, 100% property tax abatement on the buildings that Intel constructs in the city's business park.of the money from JobsOhio to buy the land where the two plants are being built.

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