Section 5709.87 | Exempting Increase in Assessed Value of Realty Cleaned of Contamination.
Effective: April 6, 2017 Latest Legislation: House Bill 463 – 131st General Assembly (A) As used in this section: (1) “Improvement,” “building,” “fixture,” and “structure” have the same meanings as in section 5701.02 of the Revised Code. (2) “Property,” “remedy,” and “remedial activities” have the same meanings as in section 3746.01 of the Revised Code. […]
Section 5709.88 | Tax Incentives to Promote Employment and Improve Economic Climate.
Effective: September 28, 1994 Latest Legislation: Senate Bill 221 – 120th General Assembly (A) As used in sections 5709.88 through 5709.883 of the Revised Code: (1) “Enterprise,” “expand,” “renovate,” “project,” “project site,” “position,” “full-time employee,” “first used in business,” and “making retail sales” have the same meanings as in section 5709.61 of the Revised Code. […]
Section 5709.881 | Local Agreements.
Effective: September 28, 1994 Latest Legislation: Senate Bill 221 – 120th General Assembly Each agreement entered into under section 5709.88 of the Revised Code shall be in writing and shall include all of the information and statements prescribed by this section. Agreements may include terms not prescribed by this section, but such terms shall in […]
Section 5709.882 | Report of Local Agreements.
Effective: September 28, 2012 Latest Legislation: Senate Bill 314 – 129th General Assembly (A) On or before the thirty-first day of March each year, a municipal corporation or county that has entered into an agreement with an enterprise under section 5709.88 of the Revised Code shall submit to the directors of development services and environmental […]
Section 5709.883 | Tax Incentive Review Council – Cleanup of Contamination.
Effective: March 11, 2004 Latest Legislation: House Bill 127 – 125th General Assembly (A) The legislative authority of a county or municipal corporation that grants an exemption from taxation under section 5709.88 of the Revised Code shall create a tax incentive review council unless the county has created such a council under section 5709.85 of […]
Section 5709.91 | Service Payments in Lieu of Taxes.
Effective: August 3, 2021 Latest Legislation: Senate Bill 57 – 134th General Assembly (A) Service payments in lieu of taxes required under sections 725.04, 5709.42, 5709.46, 5709.74, and 5709.79 of the Revised Code, minimum service payment obligations, and service charges in lieu of taxes required under sections 1728.11 and 1728.111 of the Revised Code shall […]
Section 5709.911 | Exemptions.
Effective: July 18, 2022 Latest Legislation: House Bill 95 – 134th General Assembly (A)(1) A municipal corporation, township, or county that has enacted an ordinance or resolution under section 5709.40, 5709.41, 5709.45, 5709.73, or 5709.78 of the Revised Code or that has entered into an agreement referred to in section 725.02 or 1728.07 of the […]
Section 5709.912 | Administrative Rules.
Effective: June 9, 2004 Latest Legislation: House Bill 427 – 125th General Assembly The tax commissioner may, in accordance with section 5703.14 of the Revised Code, adopt rules to implement sections 5709.91 and 5709.911 of the Revised Code.
Section 5709.65 | Entitlement to Tax Incentives.
Effective: November 15, 2015 Latest Legislation: Senate Bill 208 – 131st General Assembly (A) An enterprise issued a certificate under section 5709.64 of the Revised Code shall be entitled to the following tax incentives: (1) With the exception of improvements to land or tangible personal property constituting or used in the retail portion, if any, […]
Section 5709.81 | County Bonds or Notes to Finance Public Infrastructure Improvement.
Effective: December 13, 2001 Latest Legislation: House Bill 405 – 124th General Assembly (A) Upon determination by the board of county commissioners that such an issuance will be in the county’s best interest, the board may, in the resolution adopted under section 5709.78 of the Revised Code, authorize the issuance of revenue bonds or notes […]