Ohio Code 3706.491 – Use of solar generation fund for administrative costs
(A) Except as provided in division (B) of this section, each fiscal year, beginning July 1, 2021, and ending June 30, 2029, and subject to controlling board approval, the Ohio air quality development authority may use, from the solar generation fund created under section 3706.49 of the Revised Code, up to a maximum of three hundred thousand dollars to pay for the authority’s administrative costs for that year under sections 3706.40 to 3706.65 of the Revised Code.
Terms Used In Ohio Code 3706.491
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(B) In addition to the amount approved in division (A) of this section for fiscal year 2022 and subject to controlling board approval, the authority may use the following amounts in fiscal year 2022 from the solar generation fund:
(1) Up to three hundred thousand dollars to pay for the authority’s administrative costs incurred in fiscal year 2020;
(2) Up to three hundred thousand dollars to pay for the authority’s administrative costs incurred in fiscal year 2021.
Last updated May 17, 2021 at 4:09 PM