Ohio Revised Code Search

...once income is recognized from its disposition, the director shall issue a certificate to the company. The certificate shall include a unique number and the following information: (a) The total amount of capital gains generated during the portion of the year during which the company was certified as an Ohio venture capital operating company; (b) The portion of the capital gains attributable to the company's inves...

...in this state from the time of its acquisition by the enterprise until the end of the investor's holding period, including the installation of such tangible personal property; (ii) Motor vehicles operated on public roads and highways if, from the time of acquisition by the enterprise until the end of the investor's holding period, the motor vehicles are purchased in this state, registered in this state under Chapt...

...etrofit technology, advanced truckstop electrification system, or auxiliary power unit, that has been verified by the administrator of the United States environmental protection agency or the California air resources board. (B) For the purpose of reducing emissions from diesel engines, the director of environmental protection shall administer a diesel emissions reduction grant program and a clean diesel school...

...established in the state treasury the SellOhio global initiative fund.

...onstruction contractor; (2) Minority seller; (3) Minority service vendor. (C) "Minority construction contractor" means a person who is both a construction contractor and an owner of a minority business enterprise certified under division (B) of section 122.921 of the Revised Code. (D) "Minority seller" means a person who is both a seller of goods and an owner of a minority business enterprise listed on the sp...

...r moneys obtained by the director of development for the purposes of sections 122.87 to 122.90 of the Revised Code. The fund shall be administered by the director. Moneys in the fund shall be held in trust for the purposes of sections 122.87 to 122.90 of the Revised Code. (B) Any claims against the state arising from defaults shall be payable from the minority business bonding program administrative and loss reserve...

...(A) The director of development may execute bonds as surety for minority businesses as principals, on contracts with the state, any political subdivision or instrumentality thereof, or any person as the obligee. The director as surety may exercise all the rights and powers of a company authorized by the department of insurance to execute bonds as surety but shall not be subject to any requirements of a surety company...

...(A) The director of development may guarantee bonds executed by sureties for minority businesses and EDGE business enterprises certified under section 122.922 of the Revised Code as principals on contracts with the state, any political subdivision or instrumentality, or any person as the obligee. The director, as guarantor, may exercise all the rights and powers of a company authorized by the department of insurance ...

... as in section 4506.01 of the Revised Code. (3) "Training expense" means any cost customarily incurred by an employer to train an employee who is a qualifying individual to obtain a commercial driver's license or to operate a commercial motor vehicle. "Training expense" shall not include such an employee's wages. (4) "Tax credit-eligible training expense" means any training expense certified under division (B) of...

... hereby created in the department of development a minority business development division. The division shall do all of the following: (A) Provide technical, managerial, and counseling services and assistance to minority business enterprises; (B) Provide procurement and bid packaging assistance to minority business enterprises; (C) Provide bonding technical assistance to minority business enterprises; (D) Par...

...ised Code. (B)(1) The director of development shall make rules in accordance with Chapter 119. of the Revised Code establishing procedures by which minority businesses may apply to the department of development for certification as minority business enterprises. (2) The director shall approve the application of any minority business enterprise that complies with the rules adopted under this division. Any person...

...nd equity program by the director of development under this section of the Revised Code. (B) The director of development shall establish a business assistance program known as the encouraging diversity, growth, and equity program and shall adopt rules in accordance with Chapter 119. of the Revised Code to administer the program that do all of the following: (1) Establish procedures by which a sole proprietorship,...

...ctober in each year, the director of development shall submit a written report to the governor and to each member of the general assembly describing the progress made by state agencies in advancing the minority business enterprise program, the encouraging diversity, growth, and equity program, the women-owned business enterprise program, and the veteran-friendly business enterprise program. The report shall highlight...

...ast one year. (B) The director of development shall establish a business assistance program known as the women-owned business enterprise program and shall adopt rules in accordance with Chapter 119. of the Revised Code to administer the program that do all of the following: (1) Establish procedures by which a business enterprise may apply for certification as a women-owned business enterprise; (2) Establish ...

...dards established by the director of development and the director of transportation under this section. (B) The director of development and the director of transportation shall establish and maintain the veteran-friendly business procurement program. The director of development shall adopt rules to administer the program for all state agencies except the department of transportation, and the director of transporta...

...The minority business development division may receive and accept gifts, grants, loans, or any other financial or other aid from any federal, state, local, or private agency or fund for any of the purposes of sections 122.92 to 122.94 of the Revised Code, and may enter into any contract with any agency or fund in connection with receiving the aid, and receive and accept aid or contributions from any other source of m...

...The director of development services shall: (A) Promulgate rules in accordance with Chapter 119. of the Revised Code for the conduct of the minority business development division's business and for carrying out the purposes of sections 122.92 to 122.94 of the Revised Code; (B) Prepare an annual report to the governor and the general assembly on or before the first day of August of its activities for the precedin...

...August in each year, the director of development services shall make an annual report of the activities and operations under the assistance programs of the development services agency for the preceding fiscal year to the governor and general assembly. The annual report shall include a detailing of those grants, guarantees, loans, and other forms of state assistance to women-owned businesses. (B) As used in this se...

...(A) The director of development services shall, with respect to each project for which a loan, grant, tax credit, or other state-funded financial assistance is awarded by the development services agency, make all of the following information available to the public within thirty days after the agency enters into a contract with the recipient: (1) A summary of the project that includes all of the following: (a) A ...

...mercial or industrial activities. (B) "Eligible county" means any of the following: (1) A county designated as being in the "Appalachian region" under the "Appalachian Regional Development Act of 1965," 79 Stat. 5, 40 U.S.C. App. 403; (2) A county that is a "distressed area" as defined in section 122.16 of the Revised Code; (3) A county that within the previous calendar year has had a job loss numbering two hundr...

...(A) If the director of development services determines that a grant may create new jobs or preserve existing jobs and employment opportunities in an eligible county, the director may grant up to seven hundred fifty thousand dollars to the eligible county for the purpose of acquiring commercial or industrial land or buildings and making improvements to commercial or industrial areas within the eligible county, includi...

...l be a site and facility primarily intended for commercial, industrial, or manufacturing use. "Eligible projects" do not include sites and facilities intended primarily for residential, retail, or government use. (3) "Person" has the same meaning as in section 5701.01 of the Revised Code. (4) "Political subdivision" means a municipal corporation, township, county, school district, or any other body corporate a...

...edited to the fund. The director of development shall use the fund to pay the department's administrative expenses for administering the SiteOhio certification program under section 122.9511 of the Revised Code.

... to whom or the offices or employment positions to which delegated, and the duration, not exceeding one year, of the delegation, and shall be entered in the journal of the director. Any such delegation may be extended or revoked prospectively by writing signed by the director and entered in his journal.

...(A) The director of development may allocate the state ceiling on the aggregate amount of private activity bonds issued in this state as provided in 26 U.S.C. 146. The allocation shall be made pursuant to rules the director adopts in accordance with Chapter 119. of the Revised Code that do all of the following: (1) Provide a formula for allocating the state ceiling, as authorized under 26 U.S.C. 146(e); (2) Autho...