Ohio Revised Code Chapter 166 - Economic Development Program

• Section 166.01 - Economic Development Program Definitions.
  As used in this chapter: (A) "Allowable costs" means all or part of the costs of project facilities, eligible projects, eligible innovation projects, eligible...
• Section 166.02 - Public Policy Declaration.
  (A) The general assembly finds that many local areas throughout the state are experiencing economic stagnation or decline, and that the economic development programs...
• Section 166.03 - Facilities Establishment Fund.
  (A) There is hereby created the facilities establishment fund within the state treasury, consisting of proceeds from the issuance of obligations as specified under...
• Section 166.031 - [Repealed].
  Effective Date: 10-15-2007
• Section 166.032 - [Repealed].
  Effective Date: 06-06-2001
• Section 166.04 - Determining Whether Assistance Will Conform To Chapter.
  (A) Prior to entering into each agreement to provide assistance under sections 166.02, 166.06, and 166.07 of the Revised Code, the director of development...
• Section 166.05 - Selection Criteria.
  (A) In determining the projects to be assisted and the nature, amount, and terms of assistance to be provided for an eligible project under...
• Section 166.06 - Contracts To Guarantee Repayment Of Loans From Loan Guarantee Fund.
  (A) Subject to any limitations as to aggregate amounts thereof that may from time to time be prescribed by the general assembly and to...
• Section 166.07 - Lending Money From Facilities Establishment Fund.
  (A) The director of development, with the approval of the controlling board and subject to the other applicable provisions of this chapter, may lend...
• Section 166.08 - Issuing Obligations.
  (A) As used in this chapter: (1) "Bond proceedings" means the resolution, order, trust agreement, indenture, lease, and other agreements, amendments and supplements to...
• Section 166.09 - Crediting Loan Repayments.
  There shall be credited to the facilities establishment fund the moneys received by the state from the repayment of loans and recovery on loan...
• Section 166.10 - Authority Under Chapter Is In Addition To Powers Conferred By Other Laws.
  The authority provided by Chapter 166. of the Revised Code is in addition to and provides alternative methods for any other authority provided by...
• Section 166.11 - Limits On Aggregate Amounts Of Obligations And Guarantees.
  (A) The aggregate amount of debt service payable in any calendar year on project financing obligations issued under section 166.08 of the Revised Code...
• Section 166.12 - Public Policy To Assist In And Facilitate Establishment Or Development Of Eligible Innovation Projects.
  (A) The general assembly finds that in order to maintain and enhance the competitiveness of the Ohio economy and to improve the economic welfare...
• Section 166.13 - Determining Whether Assistance Will Conform To Chapter Requirements.
  (A) Prior to entering into each agreement to provide innovation financial assistance under sections 166.12, 166.15, and 166.16 of the Revised Code, the director...
• Section 166.14 - Determining Eligible Innovation Projects - Confidential Information.
  (A) In determining the eligible innovation projects to be assisted and the nature, amount, and terms of innovation financial assistance to be provided for...
• Section 166.15 - Contracts To Guarantee Repayment Or Payment Of Unpaid Principal Amount Of Loans.
  (A) Subject to any limitations as to aggregate amounts thereof that may from time to time be prescribed by the general assembly and to...
• Section 166.16 - Innovation Ohio Loan Fund.
  (A) The director of development, with the approval of the controlling board and subject to the other applicable provisions of this chapter, may lend...
• Section 166.17 - Establishment Or Development Of Eligible Research And Development Projects.
  (A) The general assembly finds that in order to enhance the economic opportunities available to and improve the economic welfare of all the people...
• Section 166.18 - Applications For Research And Development Financial Assistance.
  (A) Prior to entering into each agreement to provide research and development financial assistance, the director of development services shall determine whether the assistance...
• Section 166.19 - Considerations In Granting Assistance For Research And Development Financial Assistance.
  (A) (1) In determining the eligible research and development projects to be assisted and the nature, amount, and terms of the research and development...
• Section 166.20 - Research And Development Loan Fund.
  There is hereby created in the state treasury the research and development loan fund. The fund shall consist of moneys received from the issuance...
• Section 166.21 - Lending Moneys In Research And Development Loan Fund.
  (A) The director of development services, with the approval of the controlling board and subject to other applicable provisions of this chapter, may lend...
• Section 166.22 - [Repealed].
  Repealed by 130th General Assembly File No. 25, HB 59, §105.01, eff. 9/29/2013. Added by 128th General AssemblyFile No.9, HB 1, §101.01, eff. 10/16/2009.
• Section 166.25 - Loans From Logistics And Distribution Infrastructure Fund.
  (A) The director of development services, with the approval of the controlling board and subject to the other applicable provisions of this chapter, may...
• Section 166.26 - Logistics And Distribution Infrastructure Fund.
  (A) There is hereby created in the state treasury the logistics and distribution infrastructure fund. The fund shall consist of grants, gifts, and contributions...
• Section 166.27 - Minority Outreach For Rc 166.25 Loans.
  (A) As used in this section, "minority" has the same meaning as in section 184.17 of the Revised Code, except that the individual must...
• Section 166.28 - [Repealed].
  Repealed by 130th General Assembly File No. 25, HB 59, §105.01, eff. 9/29/2013. Added by 128th General AssemblyFile No.9, HB 1, §101.01, eff. 7/17/2009.
• Section 166.30 - Grants And Loans From Advanced Energy Research And Development Fund.
  (A) The Ohio air quality development authority, with the approval of the controlling board and subject to sections 3706.25 to 3706.30 of the Revised...
• Section 166.35 - Economic Development Support Fund.
  There is hereby created in the state treasury the economic development support fund. The fund shall consist of excess money received by the state...

Last modified: October 10, 2016