§ 333.01 Impact facilities definitions
§ 333.02 Agreement with proposed builder for tax revenue sharing
§ 333.03 Application to build facility – certification of compliance
§ 333.04 Review of application – agreement with builder
§ 333.05 Reduction of payments for noncompliance with agreement
§ 333.06 Application of builder for payment
§ 333.07 Appeal of reduced payment by builder to tax commissioner
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Terms Used In Ohio Code > Chapter 333 - Impact Facilities

  • Another: when used to designate the owner of property which is the subject of an offense, includes not only natural persons but also every other owner of property. See Ohio Code 1.02
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • County sales and use tax: means the tax levied by a county under division (A) of section 5739. See Ohio Code 333.01
  • Full-time equivalent positions: means the total number of hours worked at a facility in a work week, divided by forty hours per week. See Ohio Code 333.01
  • Impact facility: means a permanent structure, including all interior or exterior square footage used for educational or exhibition activities, that meets all of the following criteria:

    (1) It is used for the sale of tangible personal property or services;

    (2) At least ten per cent of the facility's total square footage is dedicated to educational or exhibition activities;

    (3) At least thirty million dollars is invested in land, buildings, infrastructure, and equipment for the facility at the site of the facility over a period of not more than two years;

    (4) An annualized average of at least one hundred fifty new full-time equivalent positions will be created and maintained at the facility;

    (5) More than fifty per cent of the visitors to the facility are reasonably anticipated to live at least fifty miles from the facility. See Ohio Code 333.01

  • Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
  • Personal property: All property that is not real property.
  • Qualifying investment: means a person's investment in land, buildings, infrastructure, and equipment for creating an impact facility. See Ohio Code 333.01
  • state: means the state of Ohio. See Ohio Code 1.59
  • United States: includes all the states. See Ohio Code 1.59