AG Yost Submits Brief Asking GM to Give Back Its $60 Million State Tax Credits After Breaking Agreement by Closing Lordstown Plant

Ohio Attorney General Dave Yost submitted a brief to the Ohio Tax Credit Authority that demanded General Motors (GM) repay $60 million the company received in state tax credits after breaking its promise to Ohio and the Mahoning Valley.

Eleven years ago, GM started collecting tax credits for its Lordstown plant. In exchange for its tax credits, the auto giant said it would maintain Lordstown plant operations till 2028 and retain 3,700 jobs through 2040, according to Yost’s press release.

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