Ohio Revised Code Search

...The director of development services shall prepare and submit a report to the governor and the general assembly annually on or before the first day of August of the services and activities of the employee ownership assistance program for the preceding calendar year. The director shall include in the report information regarding the number, names, and locations of business establishments that have been or likely...

...(A) There is hereby created in the state treasury the roadwork development fund. The fund shall consist of the investment earnings of the security deposit fund created by section 4509.27 of the Revised Code and revenue transferred to it by the director of budget and management from the highway operating fund created in section 5735.051 of the Revised Code. The fund shall be used by the development services agency in ...

... of tax credit allocation issued by the department of development under division (I)(1) of section 122.151 of the Revised Code. The investment shall purchase an equity interest in the fund or purchase, at par value or premium, a debt instrument issued by the fund that meets all of the following criteria: (1) The debt instrument has an original maturity date of at least five years after the date of issuance. (2)...

...in support of the plan may apply to the department of development for certification as a rural business growth fund. The application shall include all of the following: (1) The total eligible investment authority sought by the applicant under the business plan; (2) Documents and other evidence sufficient to prove, to the satisfaction of the agency, that the applicant meets all of the following criteria: (a) The...

...(A) There is hereby allowed a nonrefundable tax credit for owners of tax credit certificates issued by the development services agency under division (B) of this section. The credit may be claimed against the tax imposed by section 3901.86, 5725.18, 5729.03, or 5729.06 of the Revised Code. (B) On the closing date, a taxpayer that made a credit-eligible capital contribution to a rural business growth fund shall be ...

...(A) The department of development shall not be required to issue a tax credit certificate under section 122.152 of the Revised Code if either of the following applies: (1) The credit-eligible capital contribution was made in a program one rural business growth fund that fails to: (a) Invest fifty per cent of its eligible investment authority in growth investments within one year of the closing date; and (b) Inv...

...rowth fund shall submit a report to the department of development on or before the first day of each March following the end of the calendar year that includes the closing date until the calendar year after the fund has decertified. The report shall provide an itemization of the fund's growth investments and shall include the following documents and information: (1) A bank statement evidencing each growth investme...

...(A)(1) For each calendar year in which a rural business growth fund makes or maintains a growth investment in a rural business concern in this state, the fund shall determine the number of new full-time equivalent employees produced at the business concern as a result of the investment. New full-time equivalent employees shall be computed by subtracting the number of full-time equivalent employees at the rural busine...

... may request a written opinion from the department of development as to whether the business qualifies as a rural business concern based on the criteria prescribed by section 122.15 of the Revised Code. The request shall be submitted in a form prescribed by rule of the agency. The agency shall issue a written opinion to the fund within thirty business days of receiving such a request. Notwithstanding division (J) of ...

...y available data from the United States department of commerce, bureau of economic analysis as of the date the most recent federal decennial census was published. (ii) In the case of a municipal corporation, its per capita income is equal to or less than eighty per cent of the per capita income of the United States as determined by the most recently available five-year estimates published in the American community...

...s that the legislative authority of the county, township, or municipal corporation from which the employment positions would be relocated has been notified by the taxpayer of the relocation. For purposes of this section, the movement of an employment position from one political subdivision to another political subdivision shall be considered a relocation of an employment position unless the employment position in ...

... and other information submitted to the department of development or the tax credit authority by an applicant for or recipient of a tax credit under this section, and any information taken for any purpose from such statements or information, are not public records subject to section 149.43 of the Revised Code. However, the chairperson of the authority may make use of the statements and other information for purposes ...

...(A) As used in this section, "tax liability" means the tax owed under section 5733.06 or 5747.02 of the Revised Code after allowance of all nonrefundable credits and prior to the allowance of all refundable credits. The tax owed under section 5733.06 of the Revised Code shall take into account any adjustments to such tax required by division (G) of section 5733.01 of the Revised Code that apply prior to allowance of ...

...labor surplus area by the United States department of labor. (12) "Official poverty line" has the same meaning as in division (A) of section 3923.51 of the Revised Code. (13) "Situational distress area" means a county or a municipal corporation that has experienced or is experiencing a closing or downsizing of a major employer that will adversely affect the county's or municipal corporation's economy. In order ...

...There is hereby created in the state treasury the tax incentives operating fund. The fund shall consist of any amounts appropriated to it and money credited to the fund pursuant to section 122.151, 122.154, 122.17, 122.171, 122.175, 122.85, 122.86, 3735.672, 5709.68, or 5725.33 of the Revised Code. The director of development services shall use money in the fund to pay expenses related to the administration of (A) th...

... and other information submitted to the department of development services or the tax credit authority by an applicant for or recipient of an exemption under this section, and any information taken for any purpose from such statements or information, are not public records subject to section 149.43 of the Revised Code. However, the chairperson of the authority may make use of the statements and other information for ...

...ation submitted by the employer to the department of job and family services pursuant to section 4141.20 of the Revised Code indicating the employer's qualifying employees and the employer's base employment threshold; (4) A statement that the employer agrees to provide to the director any receipts, invoices, or similar documents demonstrating that the employer used the grant for the activities described in div...

...(A) As used in this section: (1) "Business" means a sole proprietorship, a corporation for profit, or a pass-through entity as defined in section 5733.04 of the Revised Code. (2) "Career exploration internship" means a paid employment relationship between a student intern and a business in which the student intern acquires education, instruction, and experience relevant to the student intern's career aspirations. ...

...mployees to earn a microcredential. The department of development, in consultation with the governor's office of workforce transformation and the department of higher education, shall develop the program. (C)(1) An employer seeking to participate in the program shall submit an application to the director of development during an application period established by the director. The employer shall include in the appli...

...A state board or local board; (8) The department of job and family services; (9) A business, trade, or industry association; (10) A charitable organization; (11) An economic development organization; (12) A nonprofit or community-based organization or intermediary; (13) The Ohio state university extension division established under section 3335.16 of the Revised Code or the central state university extens...

...ividuals to earn a microcredential. The department of development, in consultation with the governor's office of workforce transformation, shall administer the program. (C) A training provider seeking to participate in the program shall submit an application to the director of development. The training provider shall include in the application all of the following information: (1) The number of microcredentials...

...(A) Beginning on the first day of August immediately following the effective date of this section, and every August first thereafter, the director of development services shall submit to the general assembly a written report that compiles and includes information required in this section regarding the programs created under sections 122.178, 122.179, and 122.1710 of the Revised Code. (1) For the TechCred program c...

...e Revised Code. (3) "Landlord" means a county or municipal corporation, or a corporate entity that is an instrumentality of a county or municipal corporation and that is not subject to the tax imposed by section 5733.06 or 5747.02 of the Revised Code. (4) "New employee" means a full-time employee first employed by, or under or pursuant to a contract with, the tenant in the project that is the subject of the agreeme...

...labor surplus area by the United States department of labor. (H) "Official poverty line" has the same meaning as in division (A) of section 3923.51 of the Revised Code. (I) "Redevelopment plan" means a plan that includes all of the following: a plat; a land use description; identification of all utilities and infrastructure needed to develop the property, including street connections; highway, rail, air, or wat...

...ate, which shall be accomplished by the department of development awarding grants to eligible applicants for use in an eligible area for any of the following purposes: (1) Land acquisition; (2) Infrastructure improvements; (3) Voluntary actions undertaken on property eligible for the voluntary action program created under Chapter 3746. of the Revised Code; (4) Renovation of existing structures. (B) The total amo...