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Ohio Rev. Code Ann. § 5595.042

Tax increment financing within qualified RTIP

Effective: October 3, 2023; Latest Legislation: House Bill 33 - 135th General Assembly

A township, municipal corporation, or county may declare improvements made within the development area of a qualified RTIP to be for a public purpose and exempt from taxation pursuant to section 5709.40, 5709.41, 5709.73, or 5709.78 of the Revised Code, as authorized under those sections.

Last updated October 4, 2023 at 3:07 PM

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.