Ohio § 5727.031
Full text of Ohio Ohio Revised Code § 5727.031, with citation guidance and answers to common questions.
§ 5727.031.
(A) A person that is engaged in some other primary business to which the supplying of
electricity to others is incidental shall file a report under section 5727.08 of the Revised Code as an electric company but shall only report therein as taxable property the amounts
required in divisions (B) and (C) of this section. All time limits and other procedural requirements of this chapter for the reporting
and assessment of property of electric companies apply to persons required to file
a report under this section. For the purposes of this section, “the supplying of electricity to others ” shall not include donating all of the electricity a person generates to a political
subdivision of the state. (B) A person subject to this section shall report the true value of the boilers, machinery,
equipment, and any personal property used to supply electricity to others, which shall
be the sum of the following: (1) The true value of the property that is production equipment as it would be determined
for an electric company under section 5727.11 of the Revised Code multiplied by the per cent of the electricity generated in the preceding calendar
year that was not used by the person who generated it; plus (2) The true value of the property that is not production equipment as it would be determined
for an electric company under section 5727.11 of the Revised Code multiplied by the per cent of the electricity generated in the preceding calendar
year that was not used by the person who generated it. (C) The property reported under division (B) of this section shall be listed and assessed
at an amount equal to the sum of the products determined under divisions (C)(1) and
(2) of this section. (1) Multiply the portion of the true value determined under division (B)(1) of this section
by the assessment rate in section 5727.111 of the Revised Code that is applicable to the production equipment of an electric company; (2) Multiply the portion of the true value determined under division (B)(2) of this section
by the assessment rate in section 5727.111 of the Revised Code that is applicable to the property of an electric company that is not production
equipment.
Frequently Asked Questions About Ohio § 5727.031
What does Ohio Revised Code § 5727.031 cover?
Section 5727.031 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 § 5727.031?
A common citation format is "Ohio Revised Code § 5727.031" (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 § 5727.031 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.