Ohio § 5727.15

§ 5727.15.

When all the taxable property of a public utility is located in one taxing district,

the tax commissioner shall apportion the total taxable value thereof to that taxing

district. When taxable property of a public utility is located in more than one taxing district,

the commissioner shall apportion the total taxable value thereof among the taxing

districts as follows: (A)(1) In the case of a telegraph, interexchange telecommunications, or telephone company

that owns miles of wire in this state, the value apportioned to each taxing district

shall be the same percentage of the total value apportioned to all taxing districts

as the miles of wire owned by the company within the taxing district are to the total

miles of wire owned by the company within this state; (2) In the case of a telegraph, interexchange telecommunications, or telephone company

that does not own miles of wire in this state, the value apportioned to each taxing

district shall be the same percentage of the total value apportioned to all taxing

districts as the cost of the taxable property physically located in the taxing district

is of the total cost of all taxable property physically located in this state. (B) In the case of a railroad company: (1) The taxable value of real and personal property not used in railroad operations shall

be apportioned according to its situs; (2) The taxable value of personal property used in railroad operations shall be apportioned

to each taxing district in proportion to the miles of track and trackage rights, weighted

to reflect the relative use of such personal property in each taxing district; (3) The taxable value of real property used in railroad operations shall be apportioned

to each taxing district in proportion to its relative value in each taxing district. (C)(1) Prior to tax year 2001, in the case of an electric company: (a) Seventy per cent of the taxable value of all production equipment and of all station

equipment that is not production equipment shall be apportioned to the taxing district

in which such property is physically located;  and (b) The remaining value of such property, together with the value of all other taxable

personal property, shall be apportioned to each taxing district in the per cent that

the cost of all transmission and distribution property physically located in the taxing

district is of the total cost of all transmission and distribution property physically

located in this state. (c) If an electric company's taxable value for the current year includes the value of

any production equipment at a plant at which the initial cost of the plant's production

equipment exceeded one billion dollars, then prior to making the apportionments required

for that company by division (C)(1)(a) and (b) of this section, the tax commissioner

shall do the following: (i) Subtract four hundred twenty million dollars from the total taxable value of the

production equipment at that plant for the current tax year. (ii) Multiply the difference thus obtained by a fraction, the numerator of which is the

portion of the taxable value of that plant's production equipment included in the

company's total value for the current tax year, and the denominator of which is the

total taxable value of such equipment included in the total taxable value of all electric

companies for such year; (iii) Apportion the product thus obtained to taxing districts in the manner prescribed

in division (C)(1)(b) of this section. (iv) Deduct the amounts so apportioned from the taxable value of the company's production

equipment at the plant, prior to making the apportionments required by divisions (C)(1)(a)

and (b) of this section. For purposes of division (C)(1)(c) of this section, “ initial cost ” applies only to production equipment of plants placed in commercial operation on

or after January 1, 1987, and means the cost of all production equipment at a plant

for the first year the plant's equipment was subject to taxation. (2) For tax year 2001 and thereafter, in the case of an electric company: (a) The taxable value of all production equipment shall be apportioned to the taxing

district in which such property is physically located;  and (b) The value of taxable personal property, including energy conversion equipment but

excluding production equipment, shall be apportioned to each taxing district in the

proportion that the cost of such other taxable personal property physically located

in each taxing district is of the total cost of such other taxable personal property

physically located in this state. (D) For tax year 2011 and thereafter, in the case of the taxable property of an energy

company: (1) The taxable value of all production equipment shall be apportioned to the taxing

district in which such property is physically located. (2) The taxable value of all other taxable property, including energy conversion equipment,

shall be apportioned to each taxing district in the proportion that the cost of such

other taxable property physically located in each taxing district is of the total

cost of such other taxable property physically located in this state. (E) In the case of all other public utilities, the taxable value of the property to be

apportioned shall be apportioned to each taxing district in proportion to the entire

cost of such property within this state.