Effective: July 23, 1969
Latest Legislation: House Bill 826 - 108th General Assembly
The exercise of the powers granted by Chapter 5593. of the Revised Code, is, in all respects, for the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions, and as the operation and maintenance of bridges by a bridge commission constitutes the performance of essential governmental functions, the commission shall not be required to pay any taxes or assessments upon any bridge or upon any property acquired or used by the commission under Chapter 5593. of the Revised Code, or upon the income therefrom, and the bonds issued under such chapter, their transfer, and the income therefrom, including any profit made on the sale thereof, shall at all times be free from taxation within the state.
Structure Ohio Revised Code
Title 55 | Roads-Highways-Bridges
Chapter 5593 | Bridge Commissions
Section 5593.01 | Bridge Commissions Definitions.
Section 5593.03 | Construction and Acquisition of Bridges.
Section 5593.05 | Bridge Commission of County or City Appointed.
Section 5593.06 | Organization of Commission - Inspection of Bridges.
Section 5593.07 | Restrictions as to Members or Employees of Bridge Commissions.
Section 5593.08 | Bridge Commissions - Powers and Duties.
Section 5593.10 | Issuance of Bridge Revenue Bonds.
Section 5593.11 | Bonds Not a Debt of State.
Section 5593.12 | Trust Indenture.
Section 5593.13 | Bridge Commission to Fix and Collect Tolls - Use.
Section 5593.14 | Bond Proceeds and Revenues to Be Held in Trust.
Section 5593.16 | Bridge Revenue Refunding Bonds.
Section 5593.161 | Protection and Enforcement of Rights of Bondholder and Trustees.
Section 5593.19 | Chapter Supplementary and Additional.
Section 5593.20 | Bylaws and Rules.
Section 5593.21 | Conveying Property to Bridge Commission.
Section 5593.22 | Operation and Maintenance of Bridges by Bridge Commission Exempt From Taxation.
Section 5593.23 | Bridges Become Part of Highway System Upon Bridge Bond Payment.