Ohio Statutes
§ 5709.112 — Exemption of tangible personal property used in oil or gas recovery
Ohio § 5709.112
This text of Ohio § 5709.112 (Exemption of tangible personal property used in oil or gas recovery) 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. § 5709.112 (2026).
Text
For tax year 2006 and each tax year thereafter, all tangible personal property used in the recovery of oil or gas, when installed and located on the premises or leased premises of the owner, shall be exempt from taxation. Such tangible personal property shall be subject to taxation if it is not installed on the premises or leased premises of the owner, or if it is used for the transmission, transportation, or distribution of oil or gas, as provided in section5711.22of the Revised Code. The tax commissioner may adopt rules governing the administration of the exemption provided by this section.
This section does not apply to any taxpayer that is required to file a report under section5727.08of the Revised Code.
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Legislative History
Effective: June 30, 2005 | Latest Legislation: House Bill 66 - 126th General Assembly
Nearby Sections
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§ 5709.04
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Exemption of public propertyCite This Page — Counsel Stack
Bluebook (online)
Ohio § 5709.112, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/5709.112.