Senate Bill 235

General Assembly: 131

Short Title: Exempts pre-construction activities from property taxation [ Show Long Title ]

Long Title: To amend sections 122.121, 149.311, 339.02, 339.05, 749.07, 749.18, 951.02, 951.13, 1711.50, 1711.57, 4141.01, 4141.25, 4141.30, 4727.02, 4727.03, 4727.06, 4727.10, 4727.11, 4727.12, 4727.19, 4727.20, 5709.20, 5709.45, 5726.01, 5739.02, and 5739.03, to enact sections 718.60, 4175.01, 4175.02, 4175.03, 4175.04, 4175.05, 4175.06, 4175.07, 4175.08, and 5709.52 of the Revised Code, and to repeal Section 4 of Sub. H.B. 5 of the 130th General Assembly to authorize political subdivisions to exempt from property taxation the increased value of property on which industrial or commercial development is planned for up to six years, to make changes to Ohio's unemployment compensation law, and to modify laws governing other state and local government authority and operations.

Primary Sponsor: Senator Beagle, Senator Coley

Version: As Enrolled

Legislation Text : View Current Version

Co-Sponsors	Sen. Eklund, Sen. Patton, Sen. Seitz, Rep. Sprague, Rep. Anielski, Rep. Antonio, Rep. Driehaus, Rep. Grossman, Rep. Reineke, Rep. Schuring, Rep. Sheehy, Rep. Smith, Rep. Smith, Rep. Strahorn, Rep. Sweeney, Rep. Young, Speaker Rosenberger
Subjects	Economic Development, Housing and Real Property, Taxation
Committees	House Finance, Senate Ways and Means
Effective Date	March 28, 2017 Effective: March 28, 2017; contains item vetoes

Learn More : Glossary of Terms | The Legislative Process

The online versions of legislation provided on this website are not official. Enrolled bills are the final version passed by the Ohio General Assembly and presented to the Governor for signature. The official version of acts signed by the Governor are available from the Secretary of State's Office in the Continental Plaza, 180 East Broad St., Columbus.