Effective: June 30, 1997 Latest Legislation: House Bill 215 – 122nd General Assembly As used in Title LVII of the Revised Code, “person” includes individuals, firms, companies, business trusts, estates, trusts, partnerships, limited liability companies, associations, corporations, and any other business entities.
Effective: April 9, 2001 Latest Legislation: House Bill 672 – 123rd General Assembly As used in Title LVII of the Revised Code: (A) “Real property,” “realty,” and “land” include land itself, whether laid out in town lots or otherwise, all growing crops, including deciduous and evergreen trees, plants, and shrubs, with all things contained therein, […]
Effective: October 5, 1999 Latest Legislation: Senate Bill 3 – 123rd General Assembly As used in Title LVII of the Revised Code: (A) “Personal property” includes every tangible thing that is the subject of ownership, whether animate or inanimate, including a business fixture, and that does not constitute real property as defined in section 5701.02 […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly As used in Title LVII of the Revised Code, “money” includes gold, silver, and other coin, circulating notes of national banking associations, United States legal tender notes, and other notes and certificates of the United States payable on demand and circulating or […]
Effective: June 30, 1997 Latest Legislation: House Bill 215 – 122nd General Assembly As used in Title LVII of the Revised Code other than in division (A)(7) of section 5733.056 of the Revised Code, “deposits” includes every deposit which the person owning, holding in trust, or having the beneficial interest therein is entitled to withdraw […]
Effective: January 1, 1983 Latest Legislation: House Bill 694 – 114th General Assembly As used in Title LVII of the Revised Code, “investments” includes: (A) Shares of stock in corporations, associations, and joint-stock companies, under whatever laws organized or existing, excepting: (1) Those which are instrumentalities of the federal government for the taxation of which […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly As used in Title LVII of the Revised Code: (A) “Credits” means the excess of the sum of all current accounts receivable and prepaid items used in business when added together, estimating every such account and item at its true value in […]
Effective: March 27, 2020 Latest Legislation: House Bill 197 – 133rd General Assembly As used in Title LVII of the Revised Code: (A) Personal property is “used” within the meaning of “used in business” when employed or utilized in connection with ordinary or special operations, when acquired or held as means or instruments for carrying […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly As used in Title LVII of the Revised Code, “other taxable intangibles” and “other intangible property” include every valuable right, title, or interest not comprised within or expressly excluded from any of the other definitions set forth in sections 5701.01 to 5701.09, […]
Effective: July 30, 1984 Latest Legislation: House Bill 250 – 115th General Assembly As used in Title LVII of the Revised Code, “income yield” means the aggregate amount paid as income by the obligor, trustee, or other source of payment to the owner or holder of an investment, whether including the taxpayer or not, during […]
Effective: September 13, 2022 Latest Legislation: Senate Bill 225, House Bill 51 – 134th General Assembly The effective date to which this section refers is the effective date of this section as amended by H.B. 51 of the 134th general assembly. (A)(1) Except as provided under division (A)(2) or (B) of this section, any reference […]
Effective: March 27, 2020 Latest Legislation: House Bill 197 – 133rd General Assembly (A) The effective date to which this section refers is March 27, 2013, the effective date of this section as enacted by H.B. 510 of the 129th general assembly. (B) Any reference in Title LVII to “consolidated reports of condition and income” […]
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly (A) As used in this section: (1) “Nursing home” means a nursing home or a home for the aging, as those terms are defined in section 3721.01 of the Revised Code, that is issued a license pursuant to section 3721.02 of the […]
Effective: April 12, 2021 Latest Legislation: Senate Bill 276 – 133rd General Assembly For purposes of Title LVII of the Revised Code: (A) In order to determine a limited liability company’s nonprofit status, an entity is operating with a nonprofit purpose under section 1705.02 of the Revised Code or carrying on any nonprofit activity under […]
