Ohio § 5709.112
Full text of Ohio Ohio Revised Code § 5709.112, with citation guidance and answers to common questions.
§ 5709.112.
For tax year 2006 and each tax year thereafter, all tangible personal property used
in the recovery of oil or gas, when installed and located on the premises or leased
premises of the owner, shall be exempt from taxation. Such tangible personal property shall be subject to taxation if it is not installed
on the premises or leased premises of the owner, or if it is used for the transmission,
transportation, or distribution of oil or gas, as provided in section 5711.22 of the Revised Code . The tax commissioner may adopt rules governing the administration of the exemption
provided by this section. This section does not apply to any taxpayer that is required to file a report under section 5727.08 of the Revised Code .
Frequently Asked Questions About Ohio § 5709.112
What does Ohio Revised Code § 5709.112 cover?
Section 5709.112 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 § 5709.112?
A common citation format is "Ohio Revised Code § 5709.112" (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 § 5709.112 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.