Ohio § 1728.112

Full text of Ohio Ohio Revised Code § 1728.112, with citation guidance and answers to common questions.

§ 1728.112.

A municipal corporation may establish an urban redevelopment tax increment equivalent

fund, by resolution or ordinance of its legislative authority, into which shall be

deposited service payments in lieu of taxes distributed to the municipal corporation

by the county treasurer as provided in section 1728.111 of the Revised Code .  Moneys deposited in the urban redevelopment tax increment equivalent fund shall

be used for such purposes as are authorized in the resolution or ordinance establishing

the fund.  Any incidental surplus remaining in the urban redevelopment tax increment equivalent

fund upon its dissolution shall be transferred to the general fund of the municipal

corporation.

Frequently Asked Questions About Ohio § 1728.112

What does Ohio Revised Code § 1728.112 cover?

Section 1728.112 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 § 1728.112?

A common citation format is "Ohio Revised Code § 1728.112" (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 § 1728.112 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.