2006 Ohio Revised Code - [323.15.6] 323.156.Costs of administering exemption paid from general revenue fund.
[§ 323.15.6] § 323.156. Costs of administering exemption paid from general revenue fund.
Within thirty days after a settlement of taxes under divisions (A), (C), and (H) of
section 321.24 of the Revised Code, the county treasurer shall certify to the tax commissioner one-half of the total amount of taxes on real property that were reduced pursuant to
section 323.152 [323.15.2] of the Revised Code for the preceding tax year, and one-half of the total amount of taxes on manufactured and mobile homes that were reduced pursuant to division (B) of
section 323.152 [323.15.2] of the Revised Code for the current tax year, as evidenced by the certificates of reduction and the tax duplicate certified to the county treasurer by the county auditor. The commissioner, within thirty days of the receipt of such certifications, shall provide for payment to the county treasurer, from the general revenue fund, of the amount certified, which shall be credited upon receipt to the county's undivided income tax fund, and an amount equal to two per cent of the amount by which taxes were reduced, which shall be credited upon receipt to the county general fund as a payment, in addition to the fees and charges authorized by
sections 319.54 and
321.26 of the Revised Code, to the county auditor and treasurer for the costs of administering the exemption provided under
sections 323.151 [323.15.1] to 323.159 [323.15.9] of the Revised Code.
Immediately upon receipt of funds into the county undivided income tax fund under this section, the auditor shall distribute the full amount thereof among the taxing districts in the county as though the total had been paid as taxes by each person for whom taxes were reduced under
sections 323.151 [323.15.1] to 323.159 [323.15.9] of the Revised Code.
HISTORY: 134 v H 475 (Eff 12-20-71); 135 v S 247 (Eff 7-17-73); 141 v H 201 (Eff 7-1-85); 147 v S 142 (Eff 3-30-99); 148 v H 595 (Eff 4-5-2001); 148 v H 672. Eff 4-9-2001.
See Comment, Legislative Service Commission, following RC § 323.15.3.
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.
