Ohio Administrative Code Search

...ll contain the following information: (1) The number of full-time equivalent employees and employment positions that will be relocated; (2) The payroll attributable to the relocated employees; (3) The business reason for the relocation of employees; and (4) The location of the project site. (B) A taxpayer or affiliated entity that relocates any employment position(s) from other operations...

...Capitalized terms used in rules 122:19-1-01 to 122:19-1-08 shall have the following meaning: (A) "Amendment" means any modification to the project, as described in an approved application including, but not limited to, changes in applicant, scope of the project, timeline for completion, changes in financing, the rehabilitation activities or end use. (B) "Applicant" means the owner or qualified lessee of a historic ...

...ordance with division (B)(2) of section 149.311 of the Revised Code. To fulfill this requirement, the director may consider an applicant's estimate of qualified rehabilitation expenditures and requested tax credits set forth in the application in addition to the detailed scoring criteria in the program policies when making a final determination. (C) The director shall prepare and evaluate a cost-benefit analysis in ...

...et forth in division (B) of section 122.85 of the Revised Code and the budgetary requirements of division (C) of section 122.85 of the Revised Code. (1) Documentation that shows the applicant has secured funding equal to at least fifty per cent of the total estimated production budget as required by division (B) of section 122.85 of the Revised Code can be evidenced by any one or a combinatio...

...accountant's report as provided in rule 122:21-1-04 of the Administrative Code, the director will issue a credit certificate in an amount equal to thirty per cent of the lesser of the budgeted eligible production expenditures stated in the application and the director's certification of the tax credit-eligible production or the actual eligible production expenditures incurred and certified by the ...

... fee in the amount set forth in section 122.852 of the Revised Code to the director prior to the end of the application period. (C) Application eligibilty review. Following the close of an application period, the director will review applications for completeness and eligibility for scoring and ranking. (1) If the information submitted in an application is complete, the applicant will be no...

...s, rules, and guidance exist on October 16, 2009. (A) "Allocation agreement" means a written agreement between the director and a state allocatee specifying the terms and conditions associated with the receipt of the credit allocation pursuant to sections 5725.33, 5726.54, 5729.16, and 5733.58 of the Revised Code and rules 122:22-1-01 to 122:22-1-08 of the Administrative Code. (B) "Allocation date" means the effec...

...director as required under division (A)(1) of section 5725.33 of the Revised Code.

...f the Internal Revenue Code and section 1.45 D-1(e)(2) of Title 26 of the Code of Federal Regulations, as such federal laws and regulations exist on the effective date of the enactment of section 5725.33 of the Revised Code, October 16, 2009. Such notice shall be given in writing and submitted to the director promptly, but in any event within thirty days of the recapture event. (C) In the event of any recapture purs...

...sion or application of any of the rules 122:22-1-01 to 122:22-1-08 of the Administrative Code is determined to be invalid or unenforceable, such determination shall not affect the remainder of such rule, other application of the rule, or application of other rules of this chapter, which shall be applied as if the invalid or unenforceable portion, application or references to the invalid or unenforceable portion did n...

...(A) As used in rules 122:23-1-01 to 122:23-1-10 of the Administrative Code: (1) "Applicant" means a person who applies to the director for certification of an energy project as a qualified energy project. As used in this chapter of the Administrative Code, "applicant" also includes a person who receives a certification of an energy project as a qualified energy project and any subsequent owner or...

... to supply electricity before December 31, 2009. "Supply electricity" has the same meaning as "supplying of electricity" set forth in division (A) of section 5727.02 of the Revised Code. (D) A board of county commissioners to which an application for certification is forwarded for review as provided in division (E)(1)(b) of section 5727.75 of the Revised Code may request an extension of time ...

...tion if requested, the following: (1) All licenses, permits, and other approvals required for the operation of the energy project have been obtained (or renewed) or will be obtained (or renewed) as and when required. (2) Applicant has made annual service payments as required by division (G) of section 5727.75 of the Revised Code and, if applicable, any additional payments required by resolution ...

...itted by an applicant pursuant to rules 122:23-1-01 to 122:23-1-10 of the Administrative Code shall include a certification signed by an authorized representative of the applicant that the information contained in the application or report is true, correct, and complete. (B) If the applicant fails to submit to the director any report as and when the report is due, or if the applicant submits a report...

...Capitalized terms used in rules 122:24-1-01 to 122:24-1-14 shall have the following meaning: (A) "Annual" sales means the gross sales of the small business enterprise using generally accepted accounting principles for the twelve months preceding the date of the investment of money. For entities that engage in the rental of assets, sales shall also mean rental income. (B) "Application" means the pr...

...Capitalized terms used in rules 122:24-1-01 to 122:24-1-14 of the Administrative Code have the following meaning: (A) "Annual" sales means the gross sales of the small business enterprise using generally accepted accounting principles for the twelve months preceding the date of the investment of money. For entities that engage in the rental of assets, sales also means rental income. (B) "Applicati...

...ch the following acts must occur: (1) The small business enterprises and eligible investors that wish to participate in the program must register with the investOhio program. The registration process is further described in rule 122:24-1-03 of the Administrative Code. (2) A registered eligible investor and a registered small business enterprise must reach an agreement that permits the eligible i...

...hich the following acts are to occur: (1) The small business enterprises and eligible investors that wish to participate in the program are to register with the investOhio program. The registration process is further described in rule 122:24-1-03 of the Administrative Code. (2) A registered eligible investor and a registered small business enterprise are to reach an agreement that permits the el...

...s defined by division (A)(2) of section 122.86 of the Revised Code. If an eligible investor makes multiple investments with the same or different small business enterprises, the same investOhio user ID will be used for each application. (D) In order to register as a small business enterprise with the investOhio program in accordance with paragraph (A) of this rule, at the location denoted in para...

...fined by division (A)(2) of section 122.86 of the Revised Code. If an eligible investor makes multiple investments with the same or different small business enterprises, the same investOhio user ID will be used for each application. (D) In order to register as a small business enterprise with the investOhio program in accordance with paragraph (A) of this rule, at the location denoted in paragrap...

...r ID. This process is described in rule 122:24-1-03 of the Administrative Code. (B) Prior to submitting an application for a qualifying investment, the eligible investor and small business enterprise must have exchanged the information necessary to complete an application for a qualifying investment. Either party may apply under the investOhio program. The information necessary shall include: (...

...r ID. This process is described in rule 122:24-1-03 of the Administrative Code. (B) Prior to submitting an application for a qualifying investment, the eligible investor and small business enterprise are to have exchanged the information necessary to complete an application for a qualifying investment. Either party may apply under the investOhio program. The information necessary includes: (1) ...

...y can be found in paragraph (C) of rule 122:24-1-11 of the Administrative Code. (B) Within thirty days of the date in which the small business enterprise completes its expenditures pursuant to divisions (A)(1)(c)(i) to (A)(1)(c)(v) of section 122.86 of the Revised Code, or for expenditures made prior to the first date in which the director begins to accept evidence under this division as determined by the director, ...

...n be found in paragraph (C) of rule 122:24-1-11 of the Administrative Code. (B) Within thirty days of the date in which the small business enterprise completes its expenditures pursuant to divisions (A)(1)(d)(i) to (A)(1)(d)(v) of section 122.86 of the Revised Code, or for expenditures made prior to the first date in which the director begins to accept evidence under this division as determined b...

...tment meets the requirements of section 122.86 of the Revised Code and rule 122:24-1-05 of the Administrative Code, completes the review of the application, and following the end of the holding period, the small business investment certificate shall be issued to the eligible investor. Tax credits will only be available to the investor or identified owners of pass-through entities and only in propo...