As Introduced

136th General Assembly

Regular Session S. B. No. 460

2025-2026

Senator Cutrona

To enact section 5709.29 of the Revised Code to exempt required fencing surrounding oil and gas well pads from property taxation.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:

Section 1. That section 5709.29 of the Revised Code be enacted to read as follows:

Sec. 5709.29. Terms used in this section have the same meanings as in section 1509.01 of the Revised Code. Fences surrounding the areas that are cleared or prepared for the drilling of oil or gas wells that are required pursuant to rules adopted by the chief of the division of oil and gas resources management under section 1509.03 of the Revised Code or by the terms and conditions attached to a permit issued under section 1509.06 of the Revised Code shall be exempt from taxation.

Section 2. The enactment by this act of section 5709.29 of the Revised Code applies to tax years ending on or after the effective date of this section.