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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 4561.21 | License taxes, transfer fees credited to general fund.

Ohio Revised Code
/
Title 45 Motor Vehicles-Aeronautics-Watercraft
/
Chapter 4561 Aeronautics
 
Effective:
July 1, 2013
Latest Legislation:
House Bill 51 - 130th General Assembly
PDF:
Download Authenticated PDF
 

(A) The director of transportation shall deposit all aircraft transfer fees in the state treasury to the credit of the general fund.

(B) The director shall deposit all aircraft license taxes and fines in the state treasury to the credit of the airport assistance fund, which is hereby created. Money in the fund shall be used for maintenance and capital improvements to publicly owned airports and the operating costs associated with the office of aviation. For maintenance and capital improvements to publicly owned airports, the director shall distribute the money to eligible recipients in accordance with such procedures, guidelines, and criteria as the director shall establish. No more than ten per cent of all funds deposited annually into the fund shall be spent annually to pay operating costs associated with the office of aviation.

Available Versions of this Section