Exempts fencing around oil and gas well pads from property tax in Ohio.
The bill amends the Ohio Revised Code to exempt fencing surrounding areas cleared or prepared for oil or gas well drilling from property tax. This exemption applies to fences required by rules from the Division of Oil and Gas Resources Management. The changes take effect for tax years ending after the bill's enactment.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.