Rule 122:11-2-01 | Commercial Driver's License Training Program - Fees.
(A) Servicing fee. A non-refundable servicing fee of four hundred dollars is due at the time of application approval. Upon approval notification from the director of development, applicants will have thirty days to submit payment of the fee. Grant of tax credit availability by the director of development to the applicant is contingent on the director's receipt of this service fee.
(B) Late fee. An employer that does not submit the training verification form under paragraph (C) of rule 122:11-2-02 of the Administrative Code by the twenty-first of January of the year after the employer is issued a tax credit certificate will be assessed a late fee of five hundred dollars. The late fee will be assessed on that day and the last day of each ensuing calendar month until the employer submits a complete training verification form to the director of development as set forth in paragrah (C) of rule 122:11-2-02 of the Administrative Code.
(C) Fees submitted to the director of development under this rule for the commercial driver's license training program will be credited to the tax incentives operating fund created under section 122.174 of the Revised Code and will be used by the director of development to administer section 122.91 of the Revised Code.
Last updated April 15, 2024 at 8:18 AM
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