Ohio Administrative Code Search

...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 is to 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...

...e investOhio program, described in rule 122:24-1-03 of the Administrative Code, with the director. This report shall be in a format established by the director and shall provide the director with information necessary for the director to make a determination as to the entity's status as a small business enterprise as well as whether the entity is complying with requirements associated with its exp...

...he business is to meet division (A)(1)(c) of section 122.86 of the Revised Code as of the date of each qualifying investment. (C) A small business enterprise is to annually update its registration information for the investOhio program, described in rule 122:24-1-03 of the Administrative Code, with the director. This report is to be in a format established by the director and is to provide th...

...ions it funded pursuant to division (A)(1)(c) of section 122.86 of the Revised Code. (C) The director shall not issue a tax credit if an eligible investor fails to retain an ownership interest greater than or equal to that which it acquired as a result of the investment of money for the entirety of the holding period. (D) The director shall not issue a tax credit for property the small business ...

... it funded pursuant to division (A)(1)(c) of section 122.86 of the Revised Code. (C) The director will not issue a tax credit if an eligible investor fails to retain an ownership interest greater than or equal to that which it acquired as a result of the investment of money for the entirety of the holding period. (D) The director will not issue a tax credit for property the small business enterp...

... several points in the procedure: (1) During the process of applying for a small business investment certificate that is set forth in rule 122:24-1-04 of the Administrative Code, as such disqualification is further outlined in paragraph (B) of this rule; or (2) During the validation of the application for a small business investment certificate that is set forth in rule 122:24-1-05 of the Ad...

... several points in the procedure: (1) During the process of applying for a small business investment certificate that is set forth in rule 122:24-1-04 of the Administrative Code, as such disqualification is further outlined in paragraph (B) of this rule; or (2) During the validation of the application for a small business investment certificate that is set forth in rule 122:24-1-05 of the Ad...

...eet the various requirements of section 122.86 of the Revised Code. The burden of proof shall rest with the eligible investor and the small business enterprise and compliance with the suggestions below does not shift the burden of proof to the state, the director, or the tax commissioner. (B) All records must be preserved for a period of five years from the completion of the applicable holding period for the quali...

...eet the various requirements of section 122.86 of the Revised Code. The burden of proof rests with the eligible investor and the small business enterprise and compliance with the suggestions below does not shift the burden of proof to the state, the director, or the tax commissioner. (B) All records are to be preserved for a period of five years from the completion of the applicable holding period fo...

...suant to the rules set forth in Chapter 122:24-1 of the Administrative Code shall include an attestation that the document has been completed by an authorized representative of the entity required to complete the document or form that the information contained in the application or report is true, correct, and complete. (B) Either an eligible investor or a small business enterprise may apply for the small business ...

...t to the rules set forth in Chapter 122:24-1 of the Administrative Code will include an attestation that the document has been completed by an authorized representative of the entity required to complete the document or form that the information contained in the application or report is true, correct, and complete. (B) Either an eligible investor or a small business enterprise may apply for the ...

...As used in rules 122:28-1-02 to 122:28-1-05 of the Administrative Code: (A) "Authority" means the tax credit authority. (B) "Capital lease" and "operating lease" are to be construed in accordance with generally accepted accounting principles, and a capital lease is included in the capital investment project as defined in section 122.175 of the Revised Code. (C) "Director" means the direct...

...r of divisions (G) and (J) of section 122.175 of the Revised Code: (A) Grantees are to satisfy the statutory minimums. If grantees fail to timely meet the statutory minimums, the authority may terminate the data center tax exemption agreement and grantor will not issue tax exemption certificates to the original grantee or any supplemental grantee. The authority may also have the grantees refund the...

...n the matter of division (K) of section 122.175 of the Revised Code: (A) At the time each original grantee enters into the data center tax exemption agreement, the original grantee will pay to the development services agency a servicing fee, in an amount equal to four hundred dollars per year of the data center tax exemption agreement. A separate servicing fee, each calculated as described in the ...

..., as defined in division (A) of section 122.09 of the Revised Code. If there are multiple property owners within a project, only the property owners included in an application are eligible applicants and only the portions of a project associated with an eligible applicant or insurance company contributing capital are included for consideration as part of a project. (B) The project is either a ...

...ening of each application period. (1) The authority and the director will develop scoring criteria, scoring instruments, and materials for use by the director in reviewing applications under the program. The scoring criteria, instruments and materials are to be consistent with the factors set forth in section 122.09 of the Revised Code. (2) The application will include instructions and minim...

...ther division (H) or (I) of section 122.09 of the Revised Code, as applicable. (C) In determining the increase in tax collections under division (G) of section 122.09 of the Revised Code for a calculation under division (H) of section 122.09 of the Revised Code, the authority, with the information provided by the tax commissioner and applicable municipal tax administrators will consider the follo...

...rt as required by paragraph (A) of rule 122:29-1-06 of the Administrative Code, the authority will provide notice to the owner of such failure and the authority is to rescind certification of the project at its next schedule meeting. (B) In addition to paragraph (A) of this rule, the tax credit authority may rescind the tax credit certification if: (1) The owner fails to timely provide a constructio...

...As used in Chapter 122:30-1 of the Administrative Code: (A) "Applicant" is a broadband provider that submits an application to development during an application period. Only broadband providers are eligible to apply for the program. (B) "Directly Adjacent" means operating in a contiguous census block to all or a part of the residential addresses contained in the application. (C) "Application...

...nformation required by division (A)(1) to division (A)(17) of section 122.4020 of the Revised Code and any additional information included in the application form by development as published on the program website at least thirty days prior to the beginning of an application period. In addition, the application will request the applicant to provide the following information: (1) Identifying appl...

...rdance with division (B) of section 122.4019 of the Revised Code. The authority will set the number of days each application period will remain open. No late applications will be accepted by development except for good cause or due to state of Ohio network error. (1) For each fiscal year, the application period will begin on the date, or dates if the authority determines there will be two app...

...For the purposes of Chapter 123-4 of the Administrative Code, the following definitions apply: (A) "Access" as a noun means an instance of copying, viewing, or otherwise perceiving whereas "access" as a verb means to copy, view, or otherwise perceive. (B) "Acquisition of a new computer system" means the purchase of a "computer system," as defined in this rule, that is not a computer system currently in place nor on...

...es, and employments subject to sections 124.14, 124.15, and 124.152 of the Revised Code. The director may initiate and make continuing audits, inspections and investigations of positions, offices and employment in the classified service of the counties, where employees are paid under provisions other than section 124.15 or 124.152 of the Revised Code if the position to be audited is paid in whole or in part by the st...

...es, and employments subject to sections 124.14, 124.15, and 124.152 of the Revised Code. The director may initiate and make continuing audits, inspections and investigations of positions, offices, and employment in the classified service of the counties, where employees are paid under provisions other than section 124.15 or 124.152 of the Revised Code if the position to be audited is paid in whole...

...ion pursuant to division (D) of section 124.11 of the Revised Code on or after March 30, 1999, shall be subject to the following: (A) Upon return to the classified service, an employee shall be placed back into the same classification from which the initial appointment to the unclassified service was made, or similar classification as provided in division (D) of section 124.11 of the Revised Code. The employee's tot...