Ohio § 3737.948 Purpose of powers of release compensation board

Ohio Statutes

§ 3737.948 — Purpose of powers of release compensation board

Ohio § 3737.948

Title 37Health-Safety-Morals

Ch. 3737Fire Marshal; Fire Safety

This text of Ohio § 3737.948 (Purpose of powers of release compensation board) 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. § 3737.948 (2026).

Text

The exercise of the powers granted by sections3737.90to3737.948of the Revised Code shall be in all respects for the benefit of the people of the state, for the improvement of their health, safety, convenience, and welfare, and for the enhancement of their residential, agricultural, recreational, economic, commercial, and industrial opportunities and is a public purpose. Because the oversight of corrective actions and victim compensation concerning releases of petroleum constitutes the performance of essential governmental functions, the petroleum underground storage tank release compensation board is not required to pay any taxes upon any property acquired or used by the board under sections3737.90to3737.948of the Revised Code, or upon the income therefrom.

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The exercise of the powers granted by sections3737.90to3737.948of the Revised Code shall be in all respects for the benefit of the people of the state, for the improvement of their health, safety, convenience, and welfare, and for the enhancement of their residential, agricultural, recreational, economic, commercial, and industrial opportunities and is a public purpose. Because the oversight of corrective actions and victim compensation concerning releases of petroleum constitutes the performance of essential governmental functions, the petroleum underground storage tank release compensation board is not required to pay any taxes upon any property acquired or used by the board under sections3737.90to3737.948of the Revised Code, or upon the income therefrom.