Ohio § 5727.031 Report by entity incidentally supplying electricity

Ohio Statutes

§ 5727.031 — Report by entity incidentally supplying electricity

Ohio § 5727.031

Title 57Taxation

Ch. 5727Public Utilities

This text of Ohio § 5727.031 (Report by entity incidentally supplying electricity) 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. § 5727.031 (2026).

Text

(A)A person that is engaged in some other primary business to which the supplying of electricity to others is incidental shall file a report under section5727.08of the Revised Code as an electric company but shall only report therein as taxable property the amounts required in divisions (B) and (C) of this section. All time limits and other procedural requirements of this chapter for the reporting and assessment of property of electric companies apply to persons required to file a report under this section. For the purposes of this section, "the supplying of electricity to others" shall not include donating all of the electricity a person generates to a political subdivision of the state.

(B)A person subject to this section shall report the true value of the boilers, machinery, equipmen

Free access — add to your briefcase to read the full text and ask questions with AI

(A) A person that is engaged in some other primary business to which the supplying of electricity to others is incidental shall file a report under section5727.08of the Revised Code as an electric company but shall only report therein as taxable property the amounts required in divisions (B) and (C) of this section. All time limits and other procedural requirements of this chapter for the reporting and assessment of property of electric companies apply to persons required to file a report under this section. For the purposes of this section, "the supplying of electricity to others" shall not include donating all of the electricity a person generates to a political subdivision of the state.

(B) A person subject to this section shall report the true value of the boilers, machinery, equipment, and any personal property used to supply electricity to others, which shall be the sum of the following:

(1) The true value of the property that is production equipment as it would be determined for an electric company under section5727.11of the Revised Code multiplied by the per cent of the electricity generated in the preceding calendar year that was not used by the person who generated it; plus

(2) The true value of the property that is not production equipment as it would be determined for an electric company under section5727.11of the Revised Code multiplied by the per cent of the electricity generated in the preceding calendar year that was not used by the person who generated it.

(C) The property reported under division (B) of this section shall be listed and assessed at an amount equal to the sum of the products determined under divisions (C)(1) and (2) of this section.

(1) Multiply the portion of the true value determined under division (B)(1) of this section by the assessment rate in section5727.111of the Revised Code that is applicable to the production equipment of an electric company;

(2) Multiply the portion of the true value determined under division (B)(2) of this section by the assessment rate in section5727.111of the Revised Code that is applicable to the property of an electric company that is not production equipment.