Ohio capital budget promises Intel more tax breaks

State of play: Ohio had already offered Intel nearly $2 billion in incentives, including direct payments, infrastructure improvements and a slew of tax credits.

• That doesn't include additional grant funding from the state's private economic development arm, JobsOhio, and a city tax abatement from New Albany.

Details: The budget exempts Intel from paying a commercial activity tax on equipment costing more than $100 million.

• It also exempts it from paying state sales tax on some equipment used for construction, manufacturing and research and development.

Yes, but: Included is a clawback provision that would let Ohio recoup lost funds if Intel doesn't uphold its promise to create thousands of high-paying jobs.

What they're saying: Research group Policy Matters Ohio argues the state should have given citizens more time to consider the weight of these incentives before approving them, the Ohio Capital Journal reports.

• "These new exemptions can't possibly be subject to sufficient scrutiny in a day's time," the group contends.