Local governments would be barred from exempting data centers from property taxes

Political subdivisions would be prohibited from authorizing local tax incentives for data centers. This covers Ohio townships, cities, and counties, and local programs that exempt property from taxation in whole or in part. The ban covers data centers used for digital information services or virtual currency mining. Any local tax incentive authorized in violation would be void. The prohibition would apply on or after the section's effective date.

The tax commissioner and county auditors would be prohibited from approving applications for data-center tax exemptions under section 5715.27. The rule applies to applications for tax exemptions for data centers, including facilities that manage, store, process, or distribute electronic data and virtual currency-mining facilities. An exemption approved in violation would be void. The approval ban would apply on or after the section's effective date.