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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.

Effected JurisdictionOhio
Jurisdiction type: State
Fiscal year ending In2022
Program nameMotion Picture Tax Credit
Program purpose: Film, TV, and/or media
Statutory authority: Ohio Revised Code 122.85
Abating jurisdiction(s): State of Ohio
Applicable taxesIncome Tax; Insurance Tax; Financial Institutions Tax; Foreign Insurance Tax
Method of abatement: Tax Credit
Provisions for recapture: No recapture provisions as taxes are abated after costs have been incurred or targets have been reached (i.e. performance-based awards).
Gross revenue loss: $13,713,000
Reimbursement / offset: $0
Net revenue loss: $13,713,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://archives.obm.ohio.gov/Files/State_Accounting/Financial_Reporting...