Ohio Administrative Code Search

...(A) Each eligible applicant receiving funds from the housing trust fund shall report periodically on program and fiscal activities in the manner prescribed by the administering body. (B) Prior to close-out of a grant, loan, loan guarantee or loan subsidy funded with housing trust fund monies, the administering body shall conduct a monitoring visit to assure that all provisions of the grant, l...

...As used in rules 122:7-1-02 to 122:7-1-09 of the Administrative Code: (A) "Affiliated entities" means any person that (directly or indirectly) owns or controls, is owned or controlled by, or is under common ownership or control with, the taxpaper. For purposes of this definition, the term "own" means to own an equity interest (or the equivalent thereof) of fifty per cent or more. (B) "Amendment" m...

...As used in rules 122:7-1-02 to 122:7-1-09 of the Administrative Code: (A) "Affiliated entities" means any person that (directly or indirectly) owns or controls, is owned or controlled by, or is under common ownership or control with, the taxpaper. For purposes of this definition, the term "own" means to own an equity interest (or the equivalent thereof) of fifty per cent or more. (B) "Amendment" m...

...(A) Servicing fees. At the time each taxpayer enters into a tax credit agreement, the taxpayer shall pay to the development services agency a servicing fee in an amount equal to four hundred dollars times the term of years of the tax credit,. A separate servicing fee, each calculated as described in the preceding sentence, shall be assessed for each taxpayer that is party to a tax credit agreement...

...(A) Servicing fees. At the time each taxpayer enters into a tax credit agreement, the taxpayer will pay to the department of development a servicing fee in an amount equal to four hundred dollars times the term of years of the tax credit,. A separate servicing fee, each calculated as described in the preceding sentence, is assessed for each taxpayer that is party to a tax credit agreement. An amen...

...(A) Except as otherwise provided in this rule, the authority may grant a tax credit pursuant to section 122.17 of the Revised Code if the authority determines the business entity's project satisfies all of the following: (1) The project satisfies the requirements set forth in division (C) of section 122.17 of the Revised Code; (2) The taxpayer proposes as a result of the project to do all ...

...(A) Except as otherwise provided in this rule, the authority may grant a tax credit pursuant to section 122.17 of the Revised Code if the authority determines the business entity's project satisfies all of the following: (1) The project satisfies the requirements set forth in division (C) of section 122.17 of the Revised Code; (2) The taxpayer proposes as a result of the project to do all ...

...(A) Except as otherwise provided in paragraph (E) of this rule, the authority shall not grant a tax credit in which the estimated value to the taxpayer exceeds seventy five per cent of the estimated excess income tax revenue to be received by the state. (B) Except as otherwise provided in paragraph (F) of this rule, the authority shall not grant a tax credit that exceeds a term of ten years. The ...

...(A) Except as otherwise provided in paragraph (E) of this rule, the authority can not grant a tax credit in which the estimated value to the taxpayer exceeds seventy five per cent of the estimated excess income tax revenue to be received by the state. (B) Except as otherwise provided in paragraph (F) of this rule, the authority can not grant a tax credit that exceeds a term of ten years. The tax ...

...(A) Each taxpayer that is party to a tax credit agreement shall report to the director annually during the term of the tax credit the number of eligible full-time equivalent employees first employed by the taxpayer at the project location as a result of the project, the total number of full-time equivalent employees employed by the taxpayer at the project location, the total payroll from operation...

...(A) Each taxpayer that is party to a tax credit agreement will report to the director annually during the term of the tax credit the number of eligible full-time equivalent employees first employed by the taxpayer at the project location as a result of the project, the total number of full-time equivalent employees employed by the taxpayer at the project location, the total payroll from operations...

...(A) A taxpayer that relocates a substantial number of employment positions from other operations elsewhere in the state, other than the local jurisdiction of the project location, to the project location shall notify, by certified mail, delivery confirmed courier or acknowledged personal delivery, the legislative authority of the county(s), township(s) or municipal corporation(s) from which the re...

...(A) A taxpayer that relocates a substantial number of employment positions from other operations elsewhere in the state, other than the local jurisdiction of the project location, to the project location is to notify, by certified mail, delivery confirmed courier or acknowledged personal delivery, the legislative authority of the county(s), township(s) or municipal corporation(s) from which the re...

...(A) Expense report form. Employers may submit an expense report form to the director of development after the first day and before the twenty-first day of January of the year following the year for which the director certified the employer's training expenses. (1) The employer is to submit the expense report form to the director of development by the time and in the manner identified on the f...

...(A) "Bid bond" means a bond conditioned upon the bidder on a contract entering into the contract, and furnishing the required payment and performance bonds. (B) "Contract" means a written obligation of the principal requiring the furnishing of services, supplies, labor, materials, machinery, equipment, or construction. A contract does not include a permit, subdivision contract, lease, land contract, evidence of debt...

...(A) All applications for certification, expedited certification, or re-certification into the minority business enterprise (MBE); encouraging diversity, growth, and equity (EDGE); or women-owned business enterprise (WBE) programs are filed with the Ohio department of development, minority business development division (DEV/MBDD) on forms provided by DEV/MBDD and in the manner specified by DEV/MBDD. (B) DEV/MBDD may ...

...As used in rules 122:16-1-02 to 122:16-1-07 of the Administrative Code: (A) "Affiliated entities" means any person that (directly or indirectly) owns or controls, is owned or controlled by, or is under common ownership or control with, the taxpayer. For purposes of this definition, the term "own" means to own an equity interest (or the equivalent thereof) of fifty per cent or more. (B) "Amendment"...

...(A) Servicing fees. At the time each taxpayer enters into the tax credit agreement, the taxpayer shall pay to the development services agency a servicing fee, in an amount equal to four hundred dollars times the term of years of the tax credit. A separate servicing fee, each calculated as described in the preceding sentence, shall be assessed for each taxpayer that is party to a tax credit agreeme...

...(A) Except as otherwise provided in this rule, the authority may grant a tax credit pursuant to section 122.171 of the Revised Code if the authority determines all of the following: (1) The taxpayer proposing the project is an eligible business as defined in division (A)(2) of section 122.171 of the Revised Code; (2) The proposed project satisfies the requirements set forth in division (D) of se...

...(A) The authority shall not grant a tax credit under section 122.171 of the Revised Code in which the estimated value to the taxpayer exceeds seventy-five per cent of the state income tax revenue estimated to be withheld from full-time equivalent employees of the taxpayer located at the project site. (B) Except as otherwise provided in paragraph (D) of this rule, the authority shall not grant a t...

...(A) Each taxpayer that is party to a tax credit agreement shall report to the director annually during the term of the tax credit the number of full-time equivalent employees employed by the taxpayer at the project site as a result of the project, the total payroll from operations at the project site, the total Ohio employee payroll from operations at the project site, the income tax revenue from ...

...(A) A taxpayer that relocates a substantial number of employment positions from other operations elsewhere in the state, other than the local jurisdiction of the project site, to the project site shall notify, by certified mail, delivery confirmed courier or acknowledged personal delivery, the legislative authority of the county(s), township(s), or municipal corporation(s) from which the relocated...

...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 ...

...(A) An application will be rated and considered by the director according to detailed scoring criteria published in the program policies. (B) The director shall ensure that a mix of both high qualified rehabilitation expenditure and low qualified rehabilitation expenditure applications are approved in accordance with division (B)(2) of section 149.311 of the Revised Code. To fulfill this requirement, the director ma...

...(A) An applicant who is a corporation, partnership, limited liability company, or other form or business entity must be registered with the Ohio secretary of state to do business in Ohio. (B) Any application submitted must be submitted on a form prescribed by the director and meet the requirements set forth in division (B) of section 122.85 of the Revised Code and the budgetary requirements o...