Ohio § 5709.431
Full text of Ohio Ohio Revised Code § 5709.431, with citation guidance and answers to common questions.
§ 5709.431.
The amendment by H.B. 110 of the 134th General Assembly of section 5709.40 of the Revised Code applies to any projects commenced or completed, or ordinances adopted, on, before,
or after September 30, 2021, provided that, with respect to projects commenced or
completed, or ordinances adopted, before September 30, 2021, the legislative authority
of the municipal corporation adopts an ordinance after September 30, 2021, to confirm
the applicability of the amendment to the project or ordinance. The amendment by that act of section 5709.41 of the Revised Code applies to ordinances adopted after September 30, 2021, and also to ordinances adopted
on or before that date if, and to the extent that, the ordinance either specifies
the tax year in which the exemption commences, provides that the exemption commences
in the tax year in which the value of an improvement exceeds a specified amount or
in which the construction of one or more improvements is completed, or allows for
the exemption to commence in different tax years on a parcel-by-parcel basis.
Frequently Asked Questions About Ohio § 5709.431
What does Ohio Revised Code § 5709.431 cover?
Section 5709.431 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 5709.431?
A common citation format is "Ohio Revised Code § 5709.431" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 5709.431 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.