Ohio promised Intel more than $2 billion in state incentives to land computer-chip megaproject

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Ohio promised Intel more than $2 billion in state incentives to land computer-chip megaproject
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That’s likely the largest economic incentive package in Ohio history, Mihalik said, and it doesn’t include $150 million from JobsOhio, the state’s economic development non-profit, as well as millions more in local-government money.

that the state will pay to widen Ohio 161, a state route connecting Columbus with New Albany, a suburb where the factories will be located.

Mihalik said state lawmakers must still approve the direct cash incentives, and the Ohio Tax Credit Authority still needs to pass the job tax credits. Cleveland.com has reached out to spokesmen for Ohio House and Senate Republicans, whose caucuses control their respective chambers, to ask if and how lawmakers would approve the incentives.

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