Air-Quality Improvement Tax Incentives (Ohio)

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place	Ohio
Name	Air-Quality Improvement Tax Incentives
Incentive Type	Other Incentive
Applicable Sector	Commercial, Industrial
Eligible Technologies	Boilers, Central Air conditioners, Chillers, Custom/Others pending approval, Lighting, Processing and Manufacturing Equipment, Biomass, CHP/Cogeneration, Landfill Gas, Photovoltaics, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Solar Water Heat, Wind
Active Incentive	Yes
Implementing Sector	State/Territory
Energy Category	Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs
Program Administrator	Ohio Department of Development
Website	http://www.ohioairquality.org/clean air/default.asp
References	DSIRE

Summary

The Ohio Air Quality Development Authority (OAQDA) provides assistance for new air quality projects in Ohio, for both small and large businesses. For qualifying projects, the OAQDA also projects tax benefits.

For qualifying projects, the Ohio Air Quality Development Authority (OAQDA) can provide a 100 percent exemption from the tangible personal property tax (on property purchased as part of an air quality project), real property tax (on real property comprising an air quality project), a portion of the corporate franchise tax (under the net worth base calculation), sales and use tax (on the personal property purchased specifically for the air quality project only) as long as the bond or note issued by OAQDA is outstanding. Furthermore, interest income on bonds and notes issued by OAQDA is exempt from state income tax (and may be exempt in certain cases from the federal income tax).

Qualifying air quality facilities, which can be financed through the OAQDA, include:

1. Projects that modify or replace property, processes, devices, equipment, or structures that removes (or otherwise reduces, stores) air pollution and air contaminants.

2. Any property used for the collection, storage, treatment, processing, or final disposal of solid waste resulting from an air pollution control process.

3. Any energy efficiency or conservation project

4. Any project that uses renewable or biomass resources, including ethanol and other biofuel.

Incentive Contact

Contact Name	Information OAQDA
Department	Ohio Air Quality Development Authority
Address	50 W Broad Street
Address 2	Suite 1718
Place	Columbus, Ohio
Zip/Postal Code	43215
Phone	(800) 225-5051
Website	http://www.ohioairquality.org/

Authorities (Please contact the if there are any file problems.)

Authority 1:	ORC 3706 et seq.

• Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.