Ohio § 5537.20 Turnpike and infrastructure projects, property, income, and bonds free from taxation

Ohio Statutes

§ 5537.20 — Turnpike and infrastructure projects, property, income, and bonds free from taxation

Ohio § 5537.20

Title 55Roads-Highways-Bridges

Ch. 5537Ohio Turnpike And Infrastructure Commission

This text of Ohio § 5537.20 (Turnpike and infrastructure projects, property, income, and bonds free from taxation) 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. § 5537.20 (2026).

Text

The exercise of the powers granted by this  chapter is in all respects for the benefit of the people of the  state, for the increase of their commerce and prosperity, and for  the improvement of their health and living conditions, and as the  construction, operation, and maintenance of the Ohio turnpike  system by the Ohio turnpike and infrastructure commission  constitute the performance of essential governmental functions,  the commission, except as provided in division (D) of section5537.05of the Revised Code, shall not be required to pay any  state or local taxes or assessments upon any turnpike project or  infrastructure project funded by it, or upon revenues or any  property acquired or used by the commission under this chapter, or  upon the income therefrom. The bonds issued under t

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The exercise of the powers granted by this chapter is in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions, and as the construction, operation, and maintenance of the Ohio turnpike system by the Ohio turnpike and infrastructure commission constitute the performance of essential governmental functions, the commission, except as provided in division (D) of section5537.05of the Revised Code, shall not be required to pay any state or local taxes or assessments upon any turnpike project or infrastructure project funded by it, or upon revenues or any property acquired or used by the commission under this chapter, or upon the income therefrom. The bonds issued under this chapter, their transfer, and the income therefrom, including any profit made on the sale thereof, shall at all times be free from taxation within the state.