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:
2019
Program name:
Job Creation Credit (including Computer Data Center Tax Abatement)
Program purpose
:
Job creation
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)