(A)One hundred per cent of all money deposited into the state treasury under sections5739.01to5739.31of the Revised Code that is not required to be distributed as provided in section5739.102of the Revised Code or division (B) of this section shall be credited to the general revenue fund.
(B)(1) In any case where any county or transit authority has levied a tax or taxes pursuant to section5739.021,5739.023, or5739.026of the Revised Code, the tax commissioner shall, within forty-five days after the end of each month, determine and certify to the director of budget and management the amount of the proceeds of such tax or taxes received during that month from billings and assessments, or associated with tax returns or reports filed during that month, to be returned to the county or transit a
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(A) One hundred per cent of all money deposited into the state treasury under sections5739.01to5739.31of the Revised Code that is not required to be distributed as provided in section5739.102of the Revised Code or division (B) of this section shall be credited to the general revenue fund.
(B)(1) In any case where any county or transit authority has levied a tax or taxes pursuant to section5739.021,5739.023, or5739.026of the Revised Code, the tax commissioner shall, within forty-five days after the end of each month, determine and certify to the director of budget and management the amount of the proceeds of such tax or taxes received during that month from billings and assessments, or associated with tax returns or reports filed during that month, to be returned to the county or transit authority levying the tax or taxes. The amount to be returned to each county and transit authority shall be a fraction of the aggregate amount of money collected with respect to each area in which one or more of such taxes are concurrently in effect with the tax levied by section5739.02of the Revised Code. The numerator of the fraction is the rate of the tax levied by the county or transit authority and the denominator of the fraction is the aggregate rate of such taxes applicable to such area. The amount to be returned to each county or transit authority shall be reduced by the amount of any refunds of county or transit authority tax paid pursuant to section5739.07of the Revised Code during the same month, or transfers made pursuant to division (B)(2) of section5703.052of the Revised Code.
(2) On a periodic basis, using the best information available, the tax commissioner shall distribute any amount of a county or transit authority tax that cannot be distributed under division (B)(1) of this section. Through audit or other means, the commissioner shall attempt to obtain the information necessary to make the distribution as provided under that division and, on receipt of that information, shall make adjustments to distributions previously made under this division.
(3) Eight and thirty-three one-hundredths of one per cent of the revenue collected from the tax due under division (A) of section5739.029of the Revised Code shall be distributed to the county where the sale of the motor vehicle is sitused under section5739.033of the Revised Code. The amount to be so distributed to the county shall be apportioned on the basis of the rates of taxes the county levies pursuant to sections5739.021and5739.026of the Revised Code, as applicable, and shall be credited to the funds of the county as provided in divisions (A) and (B) of section5739.211of the Revised Code.
(C) The aggregate amount to be returned to any county or transit authority shall be reduced by one per cent, which shall be certified directly to the credit of the local sales tax administrative fund, which is hereby created in the state treasury. For the purpose of determining the amount to be returned to a county and transit authority in which the rate of tax imposed by the transit authority has been reduced under section5739.028of the Revised Code, the tax commissioner shall use the respective rates of tax imposed by the county or transit authority that results from the change in the rates authorized under that section.
(D) The director of budget and management shall transfer, from the same funds and in the same proportions specified in division (A) of this section, to the permissive tax distribution fund created by division (B)(1) of section4301.423of the Revised Code and to the local sales tax administrative fund, the amounts certified by the tax commissioner. The tax commissioner shall then, on or before the twentieth day of the month in which such certification is made, provide for payment of such respective amounts to the county treasurer and to the fiscal officer of the transit authority levying the tax or taxes. The amount transferred to the local sales tax administrative fund is for use by the tax commissioner in defraying costs incurred in administering such taxes levied by a county or transit authority.