(A) This section applies only if there is a change in the assessment rates on gas pipelines imposed under state law.
(B) If at any time division (A) of this section applies and if the change in assessment rates described in that division affects a school district's valuation as determined under division (P) of section 3318.01 of the Revised Code by greater than ten per cent and if the Ohio school facilities commission had determined the state and school district portion of the basic project cost of such a district's project under section 3318.36 or 3318.37 of the Revised Code prior to that change in valuation, the commission shall adjust the state and school district portions of the basic project cost of the school district's project using the valuation altered by the change in assessment rates described in division (A) of this section.
Effective Date: 12-21-2000
Section: Previous 3318.023 3318.024 3318.03 3318.031 3318.032 3318.033 3318.034 3318.035 3318.04 3318.041 3318.042 3318.05 3318.051 3318.052 3318.053 NextLast modified: October 10, 2016