Section 129.22 | Semiannual Report.
Effective: November 5, 1969 Latest Legislation: Senate Bill 150 – 108th General Assembly The commissioners of the sinking fund shall, in order to comply with the requirements of Section 11, Article VIII, Ohio Constitution, semiannually make a full and detailed report of their proceedings to the governor and to the general assembly, to include the […]
Section 129.72 | Public Improvements Bond Retirement Fund.
Effective: September 14, 2000 Latest Legislation: House Bill 640 – 123rd General Assembly There is hereby created in the state treasury the public improvements bond retirement fund. The faith and credit of the state and the excises and taxes thereof, excluding ad valorem taxes on real or personal property, income taxes, and fees, excises or […]
Section 129.73 | Certifications of Moneys to and Transfers by State Treasurer.
Effective: September 14, 2000 Latest Legislation: House Bill 640 – 123rd General Assembly (A) The commissioners of the sinking fund, prior to the twentieth day of December of each year, shall certify to the treasurer of state: (1) The amount of moneys required during the next succeeding calendar year to meet in full, as they […]
Section 129.74 | Modification of Tax Levies for Public Improvements and Nonhighway Obligations.
Effective: July 1, 1988 Latest Legislation: Senate Bill 386 – 117th General Assembly The general assembly may from time to time repeal or reduce any excise or tax pledged pursuant to Section 2i of Article VIII, Ohio Constitution, to the payment of the interest on or principal of the obligations issued pursuant to Section 2i […]
Section 129.75 | Certification to General Assembly and State Treasurer of Payment in Full.
Effective: July 1, 1988 Latest Legislation: Senate Bill 386 – 117th General Assembly Upon the payment in full of all interest, principal, and charges for the issuance and retirement of all obligations issued pursuant to Section 2i of Article VIII, Ohio Constitution, and former section 129.70 of the Revised Code, the commissioners of the sinking […]
Section 129.76 | Moneys Remaining in Bond Retirement Fund.
Effective: July 1, 1988 Latest Legislation: Senate Bill 386 – 117th General Assembly Any moneys remaining in the public improvements bond retirement fund created by section 129.72 of the Revised Code, after payment of all interest, principal, and charges for the issuance and retirement of obligations issued pursuant to Section 2i of Article VIII, Ohio […]
Section 129.05 | Composition of Sinking Fund.
Effective: July 1, 1989 Latest Legislation: House Bill 111 – 118th General Assembly The sinking fund of the state shall consist of the proceeds of sales of lands appropriated by congress for the support of schools or for ministerial purposes, except as otherwise provided by law, the proceeds of any sale of public works or […]
Section 129.06 | Application of Sinking Fund.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Funds belonging to the sinking fund shall be applied to the payment of the principal and interest of the bonded debt of the state, and to the expenses of such payment. When paid, bonds or certificates of the bonded debt of the […]
Section 129.08 | Surplus to Be Paid on or Invested in Public Debt.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly If there is money in the state treasury to the credit of the sinking fund not required for the payment of the interest on the bonded debt of the state, the board of commissioners of the sinking fund shall apply it to […]
Section 129.09 | Payment of Interest.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Interest on the bonded debt of the state shall be paid to the owner of bonds or certificates evidencing such debt, or to such owner’s agent, attorney, or legal representative. Written proof of the authority of such agent, attorney, or legal representative […]