109:1-1-03 Group or consolidated registration.

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ATTORNEY GENERAL

Agency Name

Rule Summary and Fiscal Analysis (Part A)

Fru·n

JUL 12 2000

LS.C.

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CHARITABLE LAW - MIKE ELROD

Divisi n & Contact

30 E. BROAD S?.,17TH FL,COLUMBUS, OH 43215

Agency Mailing Address (Plus Zip)

[phone]    /    (614) 6"-6135

Phone                               Fax

Please check the appropriate TYPE of rule filing; check ONLY ONE. Amendment         New     Rescission  No Change

  109:1 -1-03            

Rule Number

I    I      I  x     I

Rule Title/Tag_ line         Grouo or consolidated reaistration

RULE SUMMARY

1.  Is the rule being ?ed consi?ent with the requirements of the RC 119.032 review?  YES        Nq?

2.  Are you proposing this rule as a result of ?cent legislation?  YES            ???  NO      X

If YES, state Bill Number SB/HB    ?_General Assembly ???_Sponsor                            

3.   Statute prescribing the procedu? in accordance with which the agency is required to adopt the rule:

119.03       x

111.? 5

Other (specify)

4.   Statute(s) authorizing agency to adopt the rule:         109.27

5.   Statute(s) the rule, as filed, amplifies or implements: 109.26,  109.31

6.   State the reason(s) ?r proposing, (i.e., why you are filing.) this rule: To comply with five year  rule review.

7.  

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If the rule is an AMENDMENT, then summarize the changes and the conte? f the proposed rule; If the rule type is RESCISSION, NEW or NO CHANGE, then summar?e the content of the rule:

This rule permits the filing of group registrations c ns lidated?nancial statements for

yuamymg cnarnaun:uu::;u;,

8.    If revising or refiling this rule? identify changes made from the previously filed version of this rule, if none, please state so:

9.     119.032 Rule ??ate:              July 12, 200?"?

(If you answered NO to question No. 1,provide the scheduled ??dewaati  ?

date for this role is the filing date.)

NOTE: At time of final filing, two dates are ???d: the current review date plus a date not to ex?ed 5 years from the

e?ective date for Amended rules ?![a date not to exceed 5 years from the review date for No Char:?e roles.

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Rule Number              1 09:1 -1-03                                     

FISCAL ANALYSIS

10.   Estimate the total amount by which this proposed rule w?uld increase/decrease (circle one) either revenues/expenditures (circle one) for the agency during the cur?nt biennium (in dollars).  Explain the net impact of the proposed changes to the budget of your agency/depa?ment.

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?his rule may decrease the revenues of the agency because ? allows for the payment of a single filing fee upon the filing of a group return, rather than requiring the pay?ent of a separate filing fee by each organization included in the group. ?he attendant costs to the

            agency of filing multiple rep rts and maintaining multiple files i s als  reduced.              

11.   ldenti? the appropriation (by line item etc.) that authorizes each expenditure ne :essitated by the proposed rule:   No expenditure.

12.  Provide a summary of the estimated cost of compliance with ?e rule to all directly a?cted persons. When appropriate, please include the source for your information/estimated costs, e.g., industry, CFR, internal/agency:

?his rule reduces costs for affected arouos of charitable trusts. becauseit allows the filin? ?f

a single registration ?rm, annual financial statement, and the payment of a single filing fee.

13. Does this rule have a fiscal e?ect on school districts, counties, townships, or municipal corporations?

Yes                      No        X

If YES, you must complete Part B of the Rule Summary and Fiscal Analysis in order to comply with Am. Sub. SB 33 of the 120?? General Assembly.  (If NO, you do not need to include Part B of the Rule Summary and Fiscal Analysis with this rule when filing.)

14.  Does this rule deal with environmental protection or contain a component dealing with environmental protection as defined in RC. 121.39?

Yes              No        X

ff YES, you must complete the Environmental rule Adoption/Amendment Form in ?rder to comply with

Am. Sub. H.B. 106 of the 121st General Assembly.  (If NO, you do not need to attach the form to the

rule when filing.}