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.
State:
Ohio
Reporting Jurisdiction:
Ohio
Jurisdiction type
:
State
:
Fiscal year ending In:
2018
Program name:
Job Retention Credit
Program purpose:
Job creation/retention
:
Statutory authority:
Ohio Revised Code 122.171
:
Abating jurisdiction(s):
State of Ohio
:
Applicable taxes:
Income Tax; Insurance Tax; Financial Institutions Tax; Foreign Insurance Tax; Petroleum Activity Tax; Commercial Activity Tax
Method of abatement:
Tax credit
:
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:
$52,801,000
:
Reimbursement / offset:
$0
:
Net revenue loss:
$52,801,000
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
