Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State: | Ohio |
| Effected Jurisdiction: | Ohio |
Jurisdiction type: | State |
| Fiscal year ending In: | 2019 |
| Program name: | Job Creation Credit (including Computer Data Center Tax Abatement) |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | Ohio Revised Code 122.17 |
| Abating jurisdiction(s): | State of Ohio |
| Applicable taxes: | Insurance Tax; Financial Institutions Tax; Foreign Insurance Tax; Petroleum Activity Tax; Income Tax; Commercial Activity Tax; Sales and Use Tax |
| Method of abatement: | Tax Credit; Tax Exemption |
| Provisions for recapture: | The tax abatements are subject to recapture if the taxpayer fails to maintain operations at the project location, or has failed to meet its commitments, which information should be included in annual reports the taxpayer is required to file. |
| Gross revenue loss: | $177,378,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $177,378,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://obm.ohio.gov/areas-of-interest/state-accounting/financial-report... |
