Air-Quality Improvement Tax Incentives (Ohio)
Last modified on February 12, 2015.
Financial Incentive Program
|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|
|Energy Category||Energy Efficiency Incentive Programs, Renewable Energy Incentive Programs|
|Program Administrator||Ohio Department of Development|
|Date added to DSIRE||2000-01-01|
|Last DSIRE Review||2013-04-11|
| Last Substantive Modification
to Summary by DSIRE
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.
|Contact Name||Information OAQDA|
|Department||Ohio Air Quality Development Authority|
|Address||50 W Broad Street|
|Address 2||Suite 1718|
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.