NEW REAL ESTATE TAX BREAKS FOR COMMERCIAL PROPERTY
The exemption is intended to benefit properties that have not yet, but will be, developed or redeveloped with new construction of commercial or industrial buildings. No part of an eligible commercial or industrial building may contain a dwelling.
The law provides procedures for applying for the exemption with local governments.
This new commercial/industrial property tax exemption may provide a great incentive for new development or redevelopment of industrial and commercial buildings, structures and improvements.
Link to Ohio Senate Bill 235
OHIO’S PERMITTED CONCEAL CARRY GUN LAWS BROADENED
Ohio colleges and universities will be able to allow concealed firearms on their campuses. State and local governments may enact regulations allowing concealed guns in their premises.
Active duty members of the United States armed services may carry a concealed firearm without a state permit so long as he or she possesses valid military identification and evidence of firearms training.
Link to Ohio Senate Bill 199
CHURCH TAX EXEMPTION FOR HOUSES OF WORSHIP EXPANDED
In a 4-3 decision, the Supreme Court ruled that a 2.28-acre facility which included a Christian radio station office and building, radio tower with a chapel and meeting room, all qualified as exempt from real estate taxes as part of a house of worship. Earlier the Ohio tax commissioner had denied this exemption reasoning that it should only apply “where people gathered to profess their faith or observe and participate in religious rituals or ceremonies.” The Supreme Court majority disagreed.
Suffice it to say that the three Justice dissent found calling a Christian radio station a public house of worship a stretch.
Still, the ruling stands as the final decision of the Supreme Court in this particular case and expands the real estate tax exemption available for religious enterprises.
Link to Christian Voice of Cent. Ohio v. Testa, Slip Opinion No. 2016-Ohio-1527
If you have any questions about these topics, feel free to contact Dana Rose or your Weston Hurd attorney.