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: 
New Markets Tax Credit
Program purpose
Capital investment
Statutory authority
Ohio Revised Code sections 5725.33, 5726.54, and 5729.16
Abating jurisdiction(s)
State of Ohio
Applicable taxes: 
Insurance Tax; Financial Institutions Tax; Foreign Insurance Tax
Method of abatement
(not specified)
Provisions for recapture
(not specified)
Gross revenue loss
$6,744,000
Reimbursement / offset
$0
Net revenue loss
$6,744,000
Type of loss
Active
Additional notes on dislosure: 
(none)