« Return to search form

Tax Break Tracker Individual Entry

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.

StateOhio
Effected JurisdictionOhio
Jurisdiction type: State
Fiscal year ending In2019
Program nameHistoric Preservation Tax Credit
Program purpose: Historic Preservation
Statutory authority: Ohio Revised Code section 149.311
Abating jurisdiction(s): State of Ohio
Applicable taxesInsurance Tax; Financial Institutions Tax; Foreign and Domestic Insurance Taxes; Income Tax
Method of abatement: Tax Credit
Provisions for recapture: Tax Credits received by the applicant shall be deemed to be an unpaid tax assessment subject to collection if all required criteria are not met.
Gross revenue loss: $33,797,000
Reimbursement / offset: $0
Net revenue loss: $33,797,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://obm.ohio.gov/areas-of-interest/state-accounting/financial-report...