Fiscal Note & Local Impact Statement
127 th General Assembly of Ohio
BILL: |
DATE: |
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STATUS: |
SPONSOR: |
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LOCAL IMPACT
STATEMENT REQUIRED: |
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CONTENTS: |
To generally
authorize a board of county commissioners to appropriate funds to tax-exempt
501(c)(3) organizations that serve a community purpose. |
·
No
direct fiscal effect on the state.
·
No
direct fiscal effect on counties, but the bill would allow counties to use
general fund revenues for this additional purpose. Presumably, counties would only make appropriations to these
eligible organizations if there were sufficient general fund moneys to do so.
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Bill description
The bill authorizes boards
of county commissioners to appropriate money from a county's general fund to an
organization that the board determines serves a "community" purpose
and that is exempted from federal income taxation as an Internal Revenue Code
section 501(c)(3) organization. This
authority is granted to townships in section 505.707 of the Revised Code.
Eligibility
Such organizations include
those organized and operated for charitable, religious, educational, literary,
scientific, or public safety testing purposes, to prevent cruelty to children
or animals, or to foster national or international amateur sports
competition. However, none of the
organization's income may inure to the benefit of a private person or
shareholder, nor may the organization's activities substantially consist of
propaganda or attempting to influence legislation, including participation in
political campaigns for political office.
Example
An example of such a situation
could involve a situation in which county commissioners have available funds
that they wish to use to help a county veterans' memorial committee finance the
construction and operation of a memorial.
Under current law, the commissioners cannot appropriate money from the
county general fund for this purpose.
This bill is permissive and would have no new direct impact on
counties. Presumably, counties would
only exercise this option when there were enough general fund revenues to do
so.
LSC fiscal staff: Terry Steele, Budget Analyst