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 or Territory: | Ohio |
Effected Jurisdiction: | Ohio |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2019 |
Program name: | Historic Preservation Tax Credit |
Program purpose: | Historic Preservation |
Statutory authority: | Ohio Revised Code section 149.311 |
Abating jurisdiction(s): | State of Ohio |
Applicable taxes: | Insurance 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 source: | https://obm.ohio.gov/areas-of-interest/state-accounting/financial-report... |