122:4-1-02. Enterprise zone agreement tax exemption fee

(A) The state's application fee for applications submitted to a municipal corporation or county to enter into an agreement under section 5709.62, 5709.63, or 5709.632 of the Revised Code shall be seven hundred fifty dollars.

(B) Payment shall be in the form of a check or money order made payable to the Ohio development services agency by an enterprise at the time of application and shall be forwarded to the Ohio development services agency with the executed agreement by the municipal corporation or county.

(C) If the application does not result in the approval of the agreement, then the fee shall be refunded to the applicant by the municipal corporation or county. Otherwise, such fee shall be non-refundable.

(D) No more than one fee shall be collected per application.

(E) The director of the development services agency shall notify the tax commissioner to withhold the approval of all tax exemptions pertaining to an agreement which has not met the enterprise zone tax exemption fee requirements set forth in this rule.

Effective: 02/10/2014
R.C. 119.032 review dates: 11/22/2013 and 02/10/2019
Promulgated Under: 119.03
Statutory Authority: 5709.671, 5709.68(C)
Rule Amplifies: 5709.68
Prior Effective Dates: 10/16/1994, 7/19/2000, 1/27/2003