reglab/statecodes huggingface dataset:
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.0811 | Completeness of Application and Eligibility of Project.

Effective:
January 4, 2006
Latest Legislation:
Senate Bill 236 - 126th General Assembly
The department of development shall evaluate each eligible project selected pursuant to section 122.0810 of the Revised Code to determine whether the application for the proposed eligible project is complete and whether it meets the requirements of section 122.0815 of the Revised Code. If the application is complete and the project meets the requirements of section 122.0815 of the Revised Code, the department shall notify the eligible applicant that the application is complete and shall prioritize the eligible project pursuant to section 122.0816 of the Revised Code with all other eligible projects with complete applications that meet the requirements. If the application is incomplete or the project does not meet the requirements of section 122.0815 of the Revised Code, the department shall notify the applicant of the deficiencies and the period of time the applicant has to correct the deficiencies and submit the corrections to the department. Failure to correct deficiencies within the time designated by the department shall disqualify the project from consideration for a grant during the annual competitive process for that year.
The director, on completion of the evaluations and prioritization, shall make a recommendation to the controlling board asking for approval to make grants for the eligible projects selected by the director. The director shall take into consideration the geographic diversity of awards when making the selection of eligible projects to receive grants.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.0812 | Discretionary Grants Outside Annual Competitive Process.

Effective:
September 29, 2007
Latest Legislation:
Senate Bill 24 - 127th General Assembly
The director of development shall establish a discretionary process that permits the director to make grants described in section 122.086 of the Revised Code in situations that include those in which the timing of a proposed eligible project is such that the annual competitive process is not suitable. The director, as part of the guidelines established for the discretionary process for the job ready site program, shall establish all the procedures and requirements governing application for the discretionary grants.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.0813 | Evaluation of Discretionary Grant Application.

Effective:
January 4, 2006
Latest Legislation:
Senate Bill 236 - 126th General Assembly
On receipt of an application for a discretionary grant for an eligible project, the director of development shall evaluate it to determine whether the application for the proposed eligible project is complete and whether the eligible project meets the requirements of section 122.0815 of the Revised Code. If the application is complete and the project meets the requirements of section 122.0815 of the Revised Code, the director shall make a recommendation to the controlling board asking for approval to make the discretionary grant for the eligible project. If the application is incomplete or the project does not meet the requirements of section 122.0815 of the Revised Code, the department shall notify the applicant of the deficiencies and work with the applicant to correct the deficiencies. If the deficiencies are corrected, the director shall make a recommendation to the controlling board asking for approval to make the discretionary grant for the eligible project.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.0814 | Approval of Grant - Agreement With Applicant.

Effective:
September 29, 2007
Latest Legislation:
Senate Bill 24 - 127th General Assembly
If the controlling board approves a grant for an eligible project pursuant to the annual competitive process or the discretionary process, the director of development shall enter into an agreement with the eligible applicant to provide the grant for the project. The agreement shall be executed prior to the payment or disbursement of any funds under the grant and shall contain the following provisions:
(A) A designation of a single officer or employee of the eligible applicant who will serve as the manager of the eligible project;
(B) A detailed description of the scope of the work required under the eligible project, including anticipated sources and uses of funds;
(C) A designation of the percentage of the estimated total cost of the project for which the grant will provide funding, which shall not exceed seventy-five per cent of the cost;
(D) Provisions for the recovery by the department of development of grant funds for failure to meet the terms of the agreement;
(E) A requirement that annual reports be made by the eligible applicant on the progress of the eligible project and any other information about the status of the project as required by the guidelines and rules established for the job ready site program;
(F) Any other provisions the director determines necessary.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.0815 | Project Requirements for Consideration for Grant.

Effective:
January 4, 2006
Latest Legislation:
Senate Bill 236 - 126th General Assembly
(A) A project shall meet the following requirements in order to be considered for a grant under the annual competitive process:
(1) The application for the grant is made by an eligible applicant.
(2) The project for which the application is made is an eligible project.
(3) The eligible applicant commits to all the following:
(a) To use the grant to pay only allowable costs for the eligible project;
(b) Not to use the grant to fund more than seventy-five per cent of the total cost of the eligible project;
(c) Not to use more than ten per cent of the grant amount to pay the costs of professional services under the eligible project.
(4) The grant amount requested does not exceed five million dollars.
(5) The eligible applicant and the eligible project comply with any other criteria the director of development determines is necessary.
(B) A project shall meet the requirements described in divisions (A)(1) to (4) of this section in order to be considered for a grant under the discretionary process.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.0816 | Project Priority Under Annual Competitive Process.

Effective:
January 4, 2006
Latest Legislation:
Senate Bill 236 - 126th General Assembly
The department of development and the executive committees of district public works integrating committees shall apply the following factors to eligible projects under the annual competitive process to determine a priority order for the eligible projects subject to that process:
(A) The potential economic impact of the eligible project;
(B) The potential impact of the eligible project on economic distress;
(C) The amount of local, federal, and private funding available for the eligible project;
(D) The demonstrated need for the eligible project;
(E) The strength of the eligible project's marketing plan, if appropriate;
(F) The level of financial need;
(G) Any other factor the director of development determines should be considered.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.0817 | Annual Program Report by Director.

Effective:
September 29, 2007
Latest Legislation:
Senate Bill 24 - 127th General Assembly
In accordance with the guidelines established to govern the discretionary process and the rules adopted to govern the annual competitive process for the job ready site program, the director of development shall publish an annual report that includes the following:
(A) Details on each grant awarded pursuant to the program;
(B) The status of projects funded in previous years;
(C) The amount of grants awarded for projects in economically distressed areas and, to the extent possible, the impact of those grants in those areas.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.0819 | Allowance of Recovery of Committee Costs.

Effective:
September 29, 2007
Latest Legislation:
Senate Bill 24 - 127th General Assembly
The rules adopted to govern the annual competitive process for the job ready site program may provide for recovery of the costs, or a portion thereof, incurred by district public works integrating committees and executive committees in conducting their duties under the program.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.0820 | Job Site Ready Development Fund.

Effective:
January 4, 2006
Latest Legislation:
Senate Bill 236 - 126th General Assembly
The job ready site development fund is hereby created in the state treasury. The fund shall consist of the net proceeds of obligations issued and sold by the issuing authority pursuant to sections 151.01 and 151.11 of the Revised Code. Investment earnings of the fund shall be credited to the fund. Moneys in the fund shall be used to make grants for eligible projects pursuant to sections 122.085 to 122.0820 of the Revised Code and associated administrative expenses.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.10 | Cooperation and Coordination With Other State Departments and Agencies.

Effective:
August 12, 1982
Latest Legislation:
House Bill 536 - 114th General Assembly
Each department, bureau, institution, agency, commission, or office of the state government, shall, upon request, furnish to the department of development any information it has available.
The department of development shall cooperate with each department, bureau, institution, agency, commission, or office of the state government and shall furnish any information it has available to such departments, bureaus, institutions, agencies, commissions, or office upon their request.
The department shall coordinate its services and activities with those of state departments, bureaus, agencies, commissions, and offices to the fullest extent possible in order to avoid duplication.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.11 | Classified and Unclassified Employees.

Effective:
September 26, 1996
Latest Legislation:
House Bill 356 - 121st General Assembly
The director of development may employ and fix the compensation of technical and professional personnel, who shall be in the unclassified civil service, and may employ other personnel, who shall be in the classified civil service, as necessary to carry out the provisions of sections 122.011 to 122.11, 122.17, and 122.18 of the Revised Code.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.122 | Sports Event Grant Fund.

Effective:
March 20, 2019
Latest Legislation:
House Bill 531 - 132nd General Assembly
There is hereby created in the state treasury the sports event grant fund, which shall consist of money appropriated to the fund. Money in the fund shall be used solely to make grants to a local organizing committee, endorsing municipality, or endorsing county under section 122.121 of the Revised Code. Except for amounts refunded under division (E) of section 122.121 of the Revised Code, money may not be credited or transferred to the fund if the credit or transfer would cause the balance of the fund to exceed ten million dollars.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.13 | Definitions.

Effective:
January 4, 2001
Latest Legislation:
Senate Bill 186 - 123rd General Assembly
As used in sections 122.13 to 122.136 of the Revised Code:
(A) "Closing" means the permanent cessation of operations at an establishment that employs at least twenty-five persons.
(B) "Employee-owned corporation" means a business operation that is controlled by a board of directors that is selected by the shareholders on a basis of one vote per shareholder and in which the management rights are represented by voting stock that is owned only by employees of the operation, a nonprofit community development corporation, or an employee-owned stock ownership plan any portion of which is owned by not less than twenty per cent of those employees. An "employee-owned corporation" also includes a business operation in which not less than fifty per cent of each class of voting security is owned by an employee stock ownership trust established under an employee stock ownership plan as defined in 26 U.S.C.A. 4975(e)(7), if the employee stock ownership plan requires pass-through of voting rights on voting securities as the securities are allocated to individual participating employee accounts.
(C) "Establishment" means any factory, plant, office, or other facility, but does not include a construction site or other workplace that was intended to be a temporary workplace.
(D) "Relocation" means removal of all or substantially all of the industrial or commercial operations in an establishment to a new location, within or outside of the state, that is one hundred or more miles from the location of the original establishment.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.131 | Employee Ownership Assistance Program.

Effective:
January 4, 2001
Latest Legislation:
Senate Bill 186 - 123rd General Assembly
There is hereby created the employee ownership assistance program to be administered by the director of development. The director may employ any professional and technical personnel and other employees that are necessary to comply with sections 122.13 to 122.136 of the Revised Code. The director shall assist an individual or group of individuals, who seek assistance in the establishment of an employee-owned corporation. The director shall inform local government, business organizations, labor organizations, and others in the state of the availability of the program and its services established pursuant to sections 122.13 to 122.136 of the Revised Code.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.132 | Duties of Director of Development.

Effective:
January 4, 2001
Latest Legislation:
Senate Bill 186 - 123rd General Assembly
The director of development shall do all of the following:
(A) Develop, collect, and disseminate information useful to individuals and organizations throughout the state in undertaking or promoting the establishment and successful operation of employee-owned corporations;
(B) Assist in the evaluation of the feasibility and economic vitality of employee-owned corporation proposals received in the employee ownership assistance program;
(C) Provide technical assistance and counseling services to individuals who seek to form an employee-owned corporation;
(D) Provide assistance and counseling in the operation of an employee-owned corporation;
(E) Assist individuals in obtaining financing for the purchase and operation of an employee-owned corporation;
(F) Promote and coordinate the efforts of local, state, federal, or private organizations to assist in the formation or operation of employee-owned corporations;
(G) Recommend appropriate legislative or executive actions to enhance opportunities for employee-owned corporations in this state;
(H) Prescribe all forms for assistance requests and publish materials describing the employee ownership assistance program's services;
(I) Adopt rules under Chapter 119. of the Revised Code for the conduct of the employee ownership assistance program.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.133 | Boards to Assist Employee Ownership Assistance Program.

Effective:
December 30, 2004
Latest Legislation:
House Bill 516 - 125th General Assembly
The director of development shall publicize the availability of the employee ownership assistance program and its services to local governments and to business and labor organizations and shall coordinate with local governments, business and labor organizations, and other state agencies in obtaining information relating to the possible relocation of operations or closing of a business establishment.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.134 | Feasibility Study.

Effective:
January 4, 2001
Latest Legislation:
Senate Bill 186 - 123rd General Assembly
If the director of development becomes aware that a business establishment is closing or relocating operations, the director, pursuant to a request received under section 122.135 of the Revised Code, may conduct an initial study of the feasibility of the employees of the business establishment establishing an employee-owned corporation to continue the operations of the business establishment, or to operate another business, and may hold an informational meeting of representatives of the local community, the business establishment, representatives of any employee organization, and affected employees to explain the services available from the department of development relative to the formation of an employee-owned corporation.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.135 | Assistance in Studying Feasibility of Employee-Owned Corporation.

Effective:
January 4, 2001
Latest Legislation:
Senate Bill 186 - 123rd General Assembly
Any individual, group of individuals, employees, organization of employees, or local community affected by any closing or relocation of a business establishment's operations or the proposed closing or relocation of a business establishment's operations may request, in a manner prescribed by the director of development, assistance in efforts to study the feasibility of the establishment of an employee-owned corporation and any other assistance the director may provide pursuant to sections 122.13 to 122.136 of the Revised Code.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.136 | Annual Report.

Effective:
September 16, 2014
Latest Legislation:
House Bill 486 - 130th General Assembly
The director of development services shall prepare and submit a report to the governor and the general assembly annually on or before the first day of August of the services and activities of the employee ownership assistance program for the preceding calendar year. The director shall include in the report information regarding the number, names, and locations of business establishments that have been or likely will be assisted as employee-owned corporations; recommendations on how to better operate the program; information regarding the effectiveness of the program in maintaining and improving employment in the state; and the number of individuals affected by the activities of the program.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.14 | Roadwork Development Fund.

Effective:
July 3, 2019
Latest Legislation:
House Bill 62 - 133rd General Assembly
(A) There is hereby created in the state treasury the roadwork development fund. The fund shall consist of the investment earnings of the security deposit fund created by section 4509.27 of the Revised Code and revenue transferred to it by the director of budget and management from the highway operating fund created in section 5735.051 of the Revised Code. The fund shall be used by the development services agency in accordance with Section 5a of Article XII, Ohio Constitution, to make road improvements associated with retaining or attracting business for this state, including both of the following:
(1) Construction, reconstruction, maintenance, or repair of public roads that provide access to a public airport or are located within a public airport;
(2) Construction, reconstruction, maintenance, or repair of public roads that provide or improve access to tourism attractions.
(B) All investment earnings of the fund shall be credited to the fund.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.152 | Tax Credit.

Effective:
March 23, 2018
Latest Legislation:
Senate Bill 8 - 132nd General Assembly
(A) There is hereby allowed a nonrefundable tax credit for owners of tax credit certificates issued by the development services agency under division (B) of this section. The credit may be claimed against the tax imposed by section 3901.86, 5725.18, 5729.03, or 5729.06 of the Revised Code.
(B) On the closing date, a taxpayer that made a credit-eligible capital contribution to a rural business growth fund shall be eligible for a credit equal to the amount specified in the notice issued under division (I)(1) of section 122.151 of the Revised Code. On or before the third, fourth, fifth, and sixth anniversary dates of the closing date, the agency shall issue a tax credit certificate to the taxpayer specifying the corresponding anniversary date and a credit amount equal to one-fourth of the total credit authorized under this section. The taxpayer or its identified affiliate may claim the credit amount for the taxable year that includes the date specified on the certificate. The taxpayer making a credit-eligible capital contribution and the issuance of a tax credit certificate by the agency does not represent a verification or certification by the agency of compliance with the recapture provisions of section 122.153 of the Revised Code. The tax credit issued under this division is subject to recapture under section 122.153 of the Revised Code.
(C) The credit shall be claimed in the order required under section 5725.98 or 5729.98 of the Revised Code as applicable. If the amount of the credit for a taxable year exceeds the tax otherwise due for that year, the excess may be carried forward for not more than four ensuing taxable years. A taxpayer claiming a credit under this section shall submit a copy of the tax credit certificate with the taxpayer's annual statement for each taxable year in which the credit is claimed.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.156 | Written Opinion.

Effective:
September 30, 2021
Latest Legislation:
House Bill 110 - 134th General Assembly
A rural business growth fund, before investing in a business, may request a written opinion from the department of development as to whether the business qualifies as a rural business concern based on the criteria prescribed by section 122.15 of the Revised Code. The request shall be submitted in a form prescribed by rule of the agency. The agency shall issue a written opinion to the fund within thirty business days of receiving such a request. Notwithstanding division (J) of section 122.15 of the Revised Code, if the agency determines that the business qualifies as a rural business concern or if the agency fails to timely issue the written opinion as required under this section, the business shall be considered a rural business concern for the purposes of sections 122.15 to 122.156 of the Revised Code.
Last updated July 30, 2021 at 10:09 AM
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.172 | Manufacturing Equipment Grant Program.

Effective:
November 15, 2015
Latest Legislation:
Senate Bill 208 - 131st General Assembly
(A) As used in this section, "tax liability" means the tax owed under section 5733.06 or 5747.02 of the Revised Code after allowance of all nonrefundable credits and prior to the allowance of all refundable credits. The tax owed under section 5733.06 of the Revised Code shall take into account any adjustments to such tax required by division (G) of section 5733.01 of the Revised Code that apply prior to allowance of refundable credits.
(B)(1) The director of development shall administer the manufacturing equipment grant program to provide grants for new manufacturing machinery and equipment qualifying for the grant under section 122.173 of the Revised Code. Except as provided in division (C) of this section, the grants apply to the taxes imposed by sections 5733.06 and 5747.02 of the Revised Code for taxable years ending on or after July 1, 2005.
(2) To claim a grant, a taxpayer satisfying the requirements of section 122.173 of the Revised Code shall complete a grant request form, as prescribed by the director in consultation with the tax commissioner, and shall file the form with the tax return for the taxable year for which the grant is claimed. In no event shall the grant reduce a taxpayer's tax liability below the minimum tax owed for the taxable year. The grant request form shall provide the information required to allow the grant for the taxable year and is subject to audit by the director and the commissioner. Any portion of the grant in excess of the taxpayer's tax liability shall not be refundable but may be carried forward as provided in section 122.173 of the Revised Code. Upon the director's request, the commissioner shall provide completed grant request forms filed under this section to the director in a mutually agreed upon format.
(C) If a taxpayer is required to repay any credit allowed under section 5733.33 of the Revised Code for a taxable year ending prior to July 1, 2005, for a reason not specified in Chapter 5733. or 5747. of the Revised Code, a grant shall be available for that taxable year under section 122.173 of the Revised Code to the extent provided in that section.
(D) Any tax liability under section 5733.06 or 5747.02 of the Revised Code that is underpaid as the result of an improper claim for a grant under this section may be assessed by the tax commissioner in the manner provided by section 5733.11 or 5747.11 of the Revised Code.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.174 | Tax Incentives Operating Fund.

Effective:
March 23, 2018
Latest Legislation:
Senate Bill 8 - 132nd General Assembly
There is hereby created in the state treasury the tax incentives operating fund. The fund shall consist of any amounts appropriated to it and money credited to the fund pursuant to section 122.151, 122.154, 122.17, 122.171, 122.175, 122.85, 122.86, 3735.672, 5709.68, or 5725.33 of the Revised Code. The director of development services shall use money in the fund to pay expenses related to the administration of (A) the business services division of the development services agency and (B) the programs described in those sections.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.20 | Urban and Rural Initiative Grant Program.

Effective:
September 29, 1999
Latest Legislation:
House Bill 283 - 123rd General Assembly
(A) The urban and rural initiative grant program is hereby created to promote economic development and improve the economic welfare of the people of the state, which shall be accomplished by the department of development awarding grants to eligible applicants for use in an eligible area for any of the following purposes:
(1) Land acquisition;
(2) Infrastructure improvements;
(3) Voluntary actions undertaken on property eligible for the voluntary action program created under Chapter 3746. of the Revised Code;
(4) Renovation of existing structures.
(B) The total amount of grants awarded under the program shall not exceed two million dollars. No grant shall be awarded without the prior approval of the controlling board.
(C) As a condition of receiving a grant under this section, and except as provided in division (D) of this section, an applicant shall agree not to permit the use of a site that is developed or improved with such grant moneys to cause the relocation of jobs to that site from elsewhere in this state.
(D) A site developed or improved with grant moneys awarded under this section may be the site of jobs relocated from elsewhere in this state if the director of development does all of the following:
(1) Makes a written determination that the site from which the jobs would be relocated is inadequate to meet market or industry conditions, expansion plans, consolidation plans, or other business considerations affecting the relocating employer;
(2) Provides a copy of the determination required by division (D)(1) of this section to the members of the general assembly whose legislative districts include the site from which the jobs would be relocated, and to the joint legislative committee on tax incentives;
(3) Determines that the governing body of the area from which the jobs would be relocated has been notified in writing by the relocating company of the possible relocation.
(E) No eligible applicant that receives from the program any grant of money for land acquisition, infrastructure improvements, or renovation of existing structures in order to develop an industrial park site for a distressed area, labor surplus area, or situational distress area as defined in section 122.19 of the Revised Code that also is a distressed area, labor surplus area, or situational distress area as defined in section 122.23 of the Revised Code shall use the money to compete against any existing Ohio industrial parks.
(F) An eligible applicant that receives a grant from the program shall not be precluded from being considered for or participating in other financial assistance programs offered by the department of development, the Ohio environmental protection agency, or the Ohio water development authority.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.22 | Grant Eligibility.

Effective:
September 29, 1999
Latest Legislation:
House Bill 283 - 123rd General Assembly
(A) In order to be eligible for a grant under section 122.20 of the Revised Code, the applicant shall demonstrate both of the following to the director of development:
(1) That the applicant is proposing to carry out the purposes described in section 122.20 of the Revised Code in an entity that has been designated as an eligible area by the director of development under division (A) of section 122.21 of the Revised Code;
(2) The applicant's capacity to undertake and oversee the project, as evidenced by documentation of the applicant's past performance in economic development projects.
(B) In order for an applicant to be eligible for a grant under section 122.20 of the Revised Code, the governing body of the entity that has been designated as an eligible area by the director of development in accordance with division (A) of section 122.21 of the Revised Code shall, by resolution or ordinance, do all of the following:
(1) Designate the applicant that will carry out the purposes described in section 122.20 of the Revised Code and that qualifies as one of the five categories of eligible applicant listed in division (B) of section 122.19 of the Revised Code;
(2) Specify the eligible area's financial participation in the project;
(3) Include a marketing strategy to be utilized in administering the project that includes details used in past successful projects;
(4) Identify a management plan for the project.
(C) A governing body may designate the political subdivision it governs to be an eligible applicant.
(D) In order to be eligible for a grant under section 122.20 of the Revised Code for land acquisition, infrastructure improvements, or renovation of existing structures in order to develop an industrial park site for a distressed area, labor surplus area, or situational distress area as defined in section 122.19 of the Revised Code that also is a distressed area, labor surplus area, or situational distress area as defined in section 122.23 of the Revised Code, an applicant must be approved as a grant applicant by resolution of the legislative authority of each county containing any area that has been designated as an eligible area by the director of development under division (A) of section 122.21 of the Revised Code and whose governing body has designated the applicant to seek a grant for any of these purposes on behalf of the eligible area. The director shall adopt rules in accordance with Chapter 119. of the Revised Code establishing criteria for the legislative authority to use in determining whether to approve a qualified applicant.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.24 | Rural Industrial Park Loan Program.

Effective:
February 14, 2008
Latest Legislation:
House Bill 233 - 127th General Assembly
To promote economic development in rural areas and to improve the economic welfare of the people of the state, the director of development shall administer the rural industrial park loan program, which is hereby established in accordance with Ohio Constitution, Article VIII, Section 13, to assist eligible applicants in financing the development and improvement of industrial parks by providing financial assistance in the form of loans and loan guarantees for land acquisition; constructing, reconstructing, rehabilitating, remodeling, renovating, enlarging, or improving industrial park buildings; and infrastructure improvements.
This program shall not be used to compete against existing Ohio industrial parks.
An eligible applicant receiving assistance under the rural industrial park program is not precluded from further participation in this or any other department of development financial program, except that a private developer that previously has received financial assistance under this section is precluded from further participation in the rural industrial park loan program.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.26 | Rural Industrial Park Loan Fund.

Effective:
October 17, 2019
Latest Legislation:
House Bill 166 - 133rd General Assembly
The rural industrial park loan fund is hereby created in the state treasury for the purposes of the program established under section 122.24 of the Revised Code. The director of development services shall deposit money received for the purposes of that section to the credit of the fund.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.27 | Eligibility for Financial Assistance.

Effective:
October 3, 2023
Latest Legislation:
House Bill 33 - 135th General Assembly
(A) In order to be eligible for financial assistance under section 122.24 of the Revised Code, an applicant shall demonstrate to the director of development the applicant's capacity to undertake and oversee the project, as evidenced by documentation of the applicant's past performance in economic development projects.
(B) In order for an applicant to be eligible for financial assistance under section 122.24 of the Revised Code, both of the following apply:
(1) The governing body of the entity that has been designated as an eligible area by the director of development under division (A) of section 122.25 of the Revised Code, by resolution or ordinance, shall designate the applicant that will carry out the project for the purposes described in section 122.24 of the Revised Code and specify the eligible area's financial participation in the project.
(2) The board of county commissioners of a county that has been designated as an eligible area by the director of development under division (A)(1) of section 122.25 of the Revised Code shall certify, by resolution, that no existing industrial park is located in the county that would compete against an industrial park that would be developed and improved in the county through the use of financial assistance provided to the applicant under the rural industrial park loan program. Guidelines regarding situations in which industrial parks would be considered to compete against one another shall be established by rule in accordance with division (A)(8)(d) of section 122.25 of the Revised Code. However, an existing industrial park owner's consent to the new industrial park is sufficient to demonstrate noncompetition.
(C) Solely for the purpose of applying for assistance for infrastructure improvements, a governing body may designate itself as an eligible applicant.
Last updated September 19, 2023 at 1:22 PM
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.28 | Industrial Technology and Enterprise Advisory Council Definitions.

Effective:
September 29, 2013
Latest Legislation:
House Bill 59 - 130th General Assembly
As used in sections 122.28 and 122.30 to 122.36 of the Revised Code:
(A) "New technology" means the development through science or research of methods, processes, and procedures, including but not limited to those involving the processing and utilization of coal, for practical application in industrial or agribusiness situations.
(B) "Industrial research" means study and investigation in giving new shapes, new qualities or new combinations to matter or material products by the application of labor thereto or the rehabilitation of an existing matter or material product.
(C) "Enterprise" means a business with its principal place of business in this state or which proposes to be engaged in this state in research and development or in the provision of products or services involving a significant amount of new technology.
(D) "Educational institutions" means nonprofit public and private colleges and universities, incorporated or unincorporated, in the state.
(E) "Small business" means an enterprise with less than four hundred employees, including corporations, partnerships, unincorporated entities, proprietorships, and joint enterprises.
(F) "Applied research" means the application of basic research for the development of new technology.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.31 | Payment Sources for Expenses and Obligations.

Effective:
September 29, 2013
Latest Legislation:
House Bill 59 - 130th General Assembly
All expenses and obligations incurred by the director of development services in carrying out the director's powers and duties under sections 122.28 and 122.30 to 122.36 of the Revised Code, are payable from revenues or other receipts or income from grants, gifts, contributions, compensation, reimbursement, and funds established in accordance with those sections or general revenue funds appropriated by the general assembly for operating expenses of the director.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.32 | Accepting Using Contributions.

Effective:
September 29, 2013
Latest Legislation:
House Bill 59 - 130th General Assembly
The director of development services, on behalf of the programs authorized pursuant to sections 122.28 and 122.30 to 122.36 of the Revised Code, may receive and accept grants, gifts, and contributions of money, property, labor, and other things of value to be held, used, and applied only for the purpose for which the grants, gifts, and contributions are made, from individuals, private and public corporations, from the United States or any agency of the United States, and from any political subdivision of the state. The director may agree to repay any contribution of money or to return any property contributed or its value at times, in amounts, and on terms and conditions excluding the payment of interest as the director determines at the time the contribution is made. The director may evidence the obligation by written contracts, subject to section 122.31 of the Revised Code, provided that the director shall not thereby incur indebtedness of or impose liability upon the state or any political subdivision.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.34 | Purposes.

Effective:
September 29, 2013
Latest Legislation:
House Bill 59 - 130th General Assembly
The exercise of the powers granted by sections 122.28 and 122.30 to 122.36 of the Revised Code will be in all respects for the benefit of the people of the state, for the improvement of commerce and prosperity, improvement of employment conditions, and will constitute the performance of essential governmental functions.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.35 | Depositing Receipts.

Effective:
September 29, 2013
Latest Legislation:
House Bill 59 - 130th General Assembly
All moneys received under sections 122.28 and 122.30 to 122.36 of the Revised Code are trust funds to be held and applied solely as provided in those sections and section 166.03 of the Revised Code. All moneys, except when deposited with the treasurer of the state, shall be kept and secured in depositories as selected by the director of development services in the manner provided in sections 135.01 to 135.21 of the Revised Code, insofar as those sections are applicable. All moneys held by the director in trust to carry out the purposes of sections 122.28 and 122.30 to 122.36 of the Revised Code shall be used as provided in sections 122.28 and 122.30 to 122.36 of the Revised Code and at no time be part of other public funds.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.36 | Confidential Information.

Effective:
September 29, 2013
Latest Legislation:
House Bill 59 - 130th General Assembly
Any materials or data submitted to, made available to, or received by the director of development services or the controlling board, to the extent that the material or data consist of trade secrets, as defined in section 1333.61 of the Revised Code, or commercial or financial information, regarding projects are not public records for the purposes of section 149.43 of the Revised Code.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.38 | Small Business Innovation Research Grant Program.

Effective:
April 10, 1990
Latest Legislation:
Senate Bill 336 - 118th General Assembly
(A) As used in this section:
(1) "Small business enterprise" means any person with a principal place of business or research in the state, who meets the definition of a "small business concern" as defined in 13 C.F.R. 121.7 (a), as amended.
(2) "Eligible educational institution" means any educational institution that disseminates information, conducts educational or technical seminars and meetings, or provides other services of value or interest to small business enterprises.
(3) "Eligible organization" means any organization, representing the interest of small business enterprises or areas of technological research, that disseminates information, conducts educational or technical seminars and meetings, or provides other services of value or interest to small business enterprises.
(B) There is hereby created in the department of development the small business innovation research grant program for the purpose of providing educational, technical, and financial assistance to:
(1) Any small business enterprise engaging in or intending to engage in technological research that the director of development determines to be innovative and in the broad and long-term interest of the economy of the state;
(2) Any eligible educational institution;
(3) Any eligible organization.
(C) The director may provide educational, technical, and financial assistance to small business enterprises, eligible educational institutions, and eligible organizations. Any assistance shall be in the form and conditioned upon terms the director considers appropriate.
(D) The director shall:
(1) Establish the procedures by which small business enterprises, eligible educational institutions, and eligible organizations may apply for assistance under this section;
(2) Collect, prepare, and disseminate information, describing the types of assistance offered under the program and describing revelant federal programs and services to small business enterprises, eligible educational institutions, and eligible organizations as the director considers appropriate;
(3) Adopt rules for the administration of this section, in accordance with Chapter 119. of the Revised Code.
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.39 | Definitions for r.c. 122.41 to 122.62.

Effective:
September 28, 2012
Latest Legislation:
Senate Bill 314 - 129th General Assembly
As used in sections 122.39 and 122.41 to 122.62 of the Revised Code:
(A) "Financial institution" means any banking corporation, trust company, insurance company, savings and loan association, building and loan association, or corporation, partnership, federal lending agency, foundation, or other institution engaged in lending or investing funds for industrial or business purposes.
(B) "Project" means any real or personal property connected with or being a part of an industrial, distribution, commercial, or research facility to be acquired, constructed, reconstructed, enlarged, improved, furnished, or equipped, or any combination thereof, with aid furnished pursuant to Chapter 122. of the Revised Code, for industrial, commercial, distribution, and research development of the state.
(C) "Community improvement corporation" means a corporation organized under Chapter 1724. of the Revised Code.
(D) "Ohio development corporation" means a corporation organized under Chapter 1726. of the Revised Code.
(E) "Mortgage" means the lien imposed on a project by a mortgage on real property, or by financing statements on personal property, or by a combination of a mortgage and financing statements when a project consists of both real and personal property.
(F) "Mortgagor" means the principal user of a project or the person, corporation, partnership, or association unconditionally guaranteeing performance by such principal user of its obligations under the mortgage.
Last updated June 3, 2021 at 4:10 PM
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.401 | Residential Broadband Expansion Grant Program.

Effective:
May 17, 2021
Latest Legislation:
House Bill 2 - 134th General Assembly
There is hereby established the Ohio residential broadband expansion grant program within the development services agency. The agency shall administer and provide staff assistance for the program. The agency shall be responsible for receiving and reviewing applications for program grants and for sending completed applications to the broadband expansion program authority for final review and award of program grants.
Last updated June 9, 2021 at 12:20 PM
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.406 | Authority Consideration of Program Applications.

Effective:
May 17, 2021
Latest Legislation:
House Bill 2 - 134th General Assembly
The broadband expansion program authority shall consider each application for a program grant that the development services agency has reviewed and sent to it. The authority shall score all applications according to the scoring system established under section 122.4040 of the Revised Code and award program grants based on that system according to sections 122.4043 and 122.4044 of the Revised Code.
Last updated June 9, 2021 at 12:20 PM
2023 Ohio Revised Code › Title 1 | State Government › Chapter 122 | Department of Development › Section 122.408 | Authority Hearings.

Effective:
May 17, 2021
Latest Legislation:
House Bill 2 - 134th General Assembly
The broadband expansion program authority shall conduct hearings to gather information necessary to accomplish the duties specified under section 122.407 of the Revised Code.
Last updated June 9, 2021 at 12:22 PM