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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 3318.035 | Change of assessment rates on gas pipelines.

Ohio Revised Code
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Title 33 Education-Libraries
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Chapter 3318 School Facilities
 
You are viewing a past version of this section that is no longer in effect View Current Version
Effective:
December 21, 2000
Legislation:
Senate Bill 287 - 123rd General Assembly
PDF:
Download Authenticated PDF
 

(A) This section applies only if there is a change in the assessment rates on gas pipelines imposed under state law.

(B) If at any time division (A) of this section applies and if the change in assessment rates described in that division affects a school district's valuation as determined under division (P) of section 3318.01 of the Revised Code by greater than ten per cent and if the Ohio school facilities commission had determined the state and school district portion of the basic project cost of such a district's project under section 3318.36 or 3318.37 of the Revised Code prior to that change in valuation, the commission shall adjust the state and school district portions of the basic project cost of the school district's project using the valuation altered by the change in assessment rates described in division (A) of this section.

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