4923.12 Disposition of taxes imposed on motor transportation companies and motor carriers.
(A) The taxes imposed by sections 4921.18 and 4923.11 of the Revised Code shall be paid to the treasurer of state. The first received remittances of the taxes in each fiscal year shall be credited to the public utilities fund until the aggregate credit from the taxes, and from the fees collected under division (B) of this section, in a fiscal year amounts to a sum equal to the appropriation from the public utilities fund made by the general assembly for defraying all expenses incident to maintaining the nonrailroad transportation activities of the public utilities commission. Receipt of the taxes subsequent thereto, after receipt by the treasurer of state of certifications from the commissioners of the sinking fund certifying, as required by sections 5528.15 and 5528.35 of the Revised Code, that there are sufficient moneys to the credit of the highway improvement bond retirement fund created by section 5528.12 of the Revised Code to meet in full all payments of interest, principal, and charges for the retirement of bonds and other obligations issued pursuant to Section 2g of Article VIII, Ohio Constitution and sections 5528.10 and 5528.11 of the Revised Code, due and payable during the current calendar year, and that there are sufficient moneys to the credit of the highway obligations bond retirement fund created by section 5528.32 of the Revised Code to meet in full all payments of interest, principal, and charges for the retirement of highway obligations issued pursuant to Section 2i of Article VIII, Ohio Constitution and sections 5528.30 and 5528.31 of the Revised Code due and payable during the current calendar year, shall be paid into the state treasury to the credit of the state highway safety fund created by section 4501.06 of the Revised Code, and shall be subject to appropriation solely for the expense of operation and maintenance of the department of public safety.
(B) The fees set by the commission in accordance with sections 4919.76 and 4919.77 of the Revised Code shall be credited to the public utilities fund except for those fees collected on behalf of other states participating in the single state insurance registration program, which shall be credited to the base state registration fund, which is hereby created in the state treasury.
(C) The forfeitures imposed by sections 4919.99, 4921.99, and 4923.99 of the Revised Code shall be paid to the treasurer of state. The first received remittances of the forfeitures in each fiscal year shall be credited to the transportation enforcement fund, which is hereby created in the state treasury, until the aggregate credit in the fiscal year is equal to the appropriation in the fund for the fiscal year less any outstanding unencumbered cash balance from the previous fiscal year in the fund. All forfeitures subsequently received shall be credited to the general revenue fund. The public utilities commission shall use the transportation enforcement fund to administer the civil forfeiture program of sections 4919.99, 4921.99, and 4923.99 of the Revised Code.
(D) If the director of budget and management determines that the balance of the public utilities fund will be less than the appropriations from the fund, the director shall transfer from the general revenue fund to the public utilities fund an amount equal to the difference between the balance of the public utilities fund and the amount needed to support the appropriations from that fund. If the director subsequently determines that the balance and revenues of the public utilities fund during the fiscal year will exceed the amount needed to support the appropriations from the fund, the director shall transfer the excess, up to the amount of the original transfer, back to the general revenue fund.
4923.12 Disposition of taxes imposed on motor transportation companies and motor carriers.
(A) The taxes imposed by sections 4921.18 and 4923.11 of the Revised Code shall be paid to the treasurer of state. The first received remittances of the taxes in each fiscal year shall be credited to the public utilities fund until the aggregate credit from the taxes, and from the fees collected under division (B) of this section, in a fiscal year amounts to a sum equal to the appropriation from the public utilities fund made by the general assembly for defraying all expenses incident to maintaining the nonrailroad transportation activities of the public utilities commission. Receipt of the taxes subsequent thereto, after receipt by the treasurer of state of certifications from the commissioners of the sinking fund certifying, as required by sections 5528.15 and 5528.35 of the Revised Code, that there are sufficient moneys to the credit of the highway improvement bond retirement fund created by section 5528.12 of the Revised Code to meet in full all payments of interest, principal, and charges for the retirement of bonds and other obligations issued pursuant to Section 2g of Article VIII, Ohio Constitution and sections 5528.10 and 5528.11 of the Revised Code, due and payable during the current calendar year, and that there are sufficient moneys to the credit of the highway obligations bond retirement fund created by section 5528.32 of the Revised Code to meet in full all payments of interest, principal, and charges for the retirement of highway obligations issued pursuant to Section 2i of Article VIII, Ohio Constitution and sections 5528.30 and 5528.31 of the Revised Code due and payable during the current calendar year, shall be paid into the state treasury to the credit of the state highway safety fund created by section 4501.06 of the Revised Code, and shall be subject to appropriation solely for the expense of operation and maintenance of the department of public safety.
(B) The fees set by the commission in accordance with sections 4919.76 and 4919.77 of the Revised Code shall be credited to the public utilities fund except for those fees collected on behalf of other states participating in the single state insurance registration program, which shall be credited to the base state registration fund, which is hereby created in the state treasury.
(C) The forfeitures imposed by sections 4919.99, 4921.99, and 4923.99 of the Revised Code shall be paid to the treasurer of state. The first received remittances of the forfeitures in each fiscal year shall be credited to the transportation enforcement fund, which is hereby created in the state treasury, until the aggregate credit in the fiscal year is equal to the appropriation in the fund for the fiscal year less any outstanding unencumbered cash balance from the previous fiscal year in the fund. All forfeitures subsequently received shall be credited to the general revenue fund. The public utilities commission shall use the transportation enforcement fund to administer the civil forfeiture program of sections 4919.99, 4921.99, and 4923.99 of the Revised Code.
(D) If the director of budget and management determines that the balance of the public utilities fund will be less than the appropriations from the fund, the director shall transfer from the general revenue fund to the public utilities fund an amount equal to the difference between the balance of the public utilities fund and the amount needed to support the appropriations from that fund. If the director subsequently determines that the balance and revenues of the public utilities fund during the fiscal year will exceed the amount needed to support the appropriations from the fund, the director shall transfer the excess, up to the amount of the original transfer, back to the general revenue fund.
4923.12 Disposition of taxes imposed on motor transportation companies and motor carriers.
(A) The taxes imposed by sections 4921.18 and 4923.11 of the Revised Code shall be paid to the treasurer of state. The first received remittances of the taxes in each fiscal year shall be credited to the public utilities fund until the aggregate credit from the taxes, and from the fees collected under division (B) of this section, in a fiscal year amounts to a sum equal to the appropriation from the public utilities fund made by the general assembly for defraying all expenses incident to maintaining the nonrailroad transportation activities of the public utilities commission. Receipt of the taxes subsequent thereto, after receipt by the treasurer of state of certifications from the commissioners of the sinking fund certifying, as required by sections 5528.15 and 5528.35 of the Revised Code, that there are sufficient moneys to the credit of the highway improvement bond retirement fund created by section 5528.12 of the Revised Code to meet in full all payments of interest, principal, and charges for the retirement of bonds and other obligations issued pursuant to Section 2g of Article VIII, Ohio Constitution and sections 5528.10 and 5528.11 of the Revised Code, due and payable during the current calendar year, and that there are sufficient moneys to the credit of the highway obligations bond retirement fund created by section 5528.32 of the Revised Code to meet in full all payments of interest, principal, and charges for the retirement of highway obligations issued pursuant to Section 2i of Article VIII, Ohio Constitution and sections 5528.30 and 5528.31 of the Revised Code due and payable during the current calendar year, shall be paid into the state treasury to the credit of the state highway safety fund created by section 4501.06 of the Revised Code, and shall be subject to appropriation solely for the expense of operation and maintenance of the department of public safety.
(B) The fees set by the commission in accordance with sections 4919.76 and 4919.77 of the Revised Code shall be credited to the public utilities fund except for those fees collected on behalf of other states participating in the single state insurance registration program, which shall be credited to the base state registration fund, which is hereby created in the state treasury.
(C) The forfeitures imposed by sections 4919.99, 4921.99, and 4923.99 of the Revised Code shall be paid to the treasurer of state. The first received remittances of the forfeitures in each fiscal year shall be credited to the transportation enforcement fund, which is hereby created in the state treasury, until the aggregate credit in the fiscal year is equal to the appropriation in the fund for the fiscal year less any outstanding unencumbered cash balance from the previous fiscal year in the fund. All forfeitures subsequently received shall be credited to the general revenue fund. The public utilities commission shall use the transportation enforcement fund to administer the civil forfeiture program of sections 4919.99, 4921.99, and 4923.99 of the Revised Code.
(D) If the director of budget and management determines that the balance of the public utilities fund will be less than the appropriations from the fund, the director shall transfer from the general revenue fund to the public utilities fund an amount equal to the difference between the balance of the public utilities fund and the amount needed to support the appropriations from that fund. If the director subsequently determines that the balance and revenues of the public utilities fund during the fiscal year will exceed the amount needed to support the appropriations from the fund, the director shall transfer the excess, up to the amount of the original transfer, back to the general revenue fund.
