Ohio Code > Chapter 717 > § Section 717.053 Ohio Code 717.053 – Application of tax exemption period Current as of: 2023 | Check for updates | Other versions The tax exemption provided by section 717.051 of the Revised Code applies only so long as the period provided in section 717.051 of the Revised Code. Thereafter, the tax exemption and the payments in lieu of taxes shall terminate. Previous sectionNext section Chapter 717 Contents