Public Utility Excise Tax 5.01
Exemption for municipal utilities and non-profit waterworks Ohio Revised Code 5727.05; originally enacted 1896
Municipal utilities and non-profit corporations that are engaged exclusively in the treatment, distribution, and sale of water to consumers are exempt from the public utility excise tax. (Dollar Amounts in Millions) Estimates:
FY 2010 $ 68.1
FY 2011 $ 69.5
FY 2012 $ 71.1
FY 2013 $ 72.6
Data Source Code: (B) 5.02
Credit for certain natural gas companies Ohio Revised Code 5727.29; originally enacted 2000
Natural gas companies that pay the public utility excise tax on a current-quarter system are granted a tax credit for the transition costs from the previous tax schedule. (Dollar Amounts in Millions) Estimates:
FY 2010 $ 8.1
FY 2011 $ 8.1
FY 2012 $ 8.1
Data Source Code: (A)
Tax expenditures with revenue impact below $1 million 5.03
$25,000 exemption from gross receipts for each public utility company Ohio Revised Code 5727.33; originally enacted 1934, revised 2004
5.04
Sales to other public utilities for resale Ohio Revised Code 5727.33(B)(4); originally enacted 1961, revised 2004
41
FY 2013 $ 8.1