2016 Ohio Revised Code
Title [45] XLV MOTOR VEHICLES - AERONAUTICS - WATERCRAFT
Chapter 4561 - AERONAUTICS
Section 4561.21 - License taxes, transfer fees credited to general fund.
(A) The director of transportation shall deposit all aircraft transfer fees in the state treasury to the credit of the general fund.
(B) The director shall deposit all aircraft license taxes and fines in the state treasury to the credit of the airport assistance fund, which is hereby created. Money in the fund shall be used for maintenance and capital improvements to publicly owned airports and the operating costs associated with the office of aviation. For maintenance and capital improvements to publicly owned airports, the director shall distribute the money to eligible recipients in accordance with such procedures, guidelines, and criteria as the director shall establish. No more than ten per cent of all funds deposited annually into the fund shall be spent annually to pay operating costs associated with the office of aviation.
Amended by 130th General Assembly File No. 7, HB 51, §101.01, eff. 7/1/2013.
Amended by 128th General Assemblych.35, HB 2, §101.01, eff. 7/1/2009.
Effective Date: 09-26-2003; 09-29-2005
Disclaimer: These codes may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
