What Is A Tax-Free Renaissance Zone?

[irishbobcat]

Tax-Free Renaissance Zones that are free of nearly all state and local taxes for any business or resident within a zone. They include former military bases and agricultural processing zones in addition to numerous urban zones. They provide selected communities with the most powerful market-based incentive-no taxes-to spur new jobs and investment. Specialized Renaissance Zones have been created to meet particular needs. Under this program, the state has the ability to grant tax-free status to process operations; such as maybe the garbage to methane gas plant proposed for Mahoning County right outside Alliance, Ohio.

[jay]

At the city council meeting on Monday, a resolution was passed urging the Ohio General Assembly to enact legislation that authorizes and establishes a pilot program of Tax-free Renaissance Zones in the City of Youngstown and Alliance, Ohio

Questions
What is a tax-free Renaissance Zone?

Why is Alliance, Ohio included in this resolution?