Ohio Statutes
§ 3334.16 — Exemption from federal tax liability
Ohio § 3334.16
JurisdictionOhio
Title 33Education-Libraries
Ch. 3334College Savings Program; Variable College Savings Program
This text of Ohio § 3334.16 (Exemption from federal tax liability) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ohio Rev. Code Ann. § 3334.16 (2026).
Text
The general assembly hereby finds that the prepaid tuition program providing for the sale of tuition credits units by the Ohio tuition trust authority is an official state function, offered through an agency of this state, which agency receives state appropriations. Therefore, the authority is directed by the state of Ohio to assume it is exempt from federal tax liability.
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Legislative History
Effective: September 29, 2005 | Latest Legislation: House Bill 66 - 126th General Assembly
Nearby Sections
15
§ 3334.03
Ohio tuition trust authority§ 3334.04
College savings bonds§ 3334.08
Trust authority powers§ 3334.09
Tuition payment contracts§ 3334.11
Ohio tuition trust fund§ 3334.12
Evaluation of actuarial soundness of tuition trust fund - termination - annual financial report§ 3334.16
Exemption from federal tax liabilityCite This Page — Counsel Stack
Bluebook (online)
Ohio § 3334.16, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/3334.16.