123.10 Regulation and collection of tolls, rentals, and other revenues - state architect's fund.
123.10 Regulation and collection of tolls, rentals, and other revenues - state architect's fund.
(A) The director of administrative services shall regulate the rate of tolls to be collected on the public works of the state, and shall fix all rentals and collect all tolls, rents, fines, commissions, fees, and other revenues arising from any source in the public works, including the sale, construction, purchase, or rental of property, except that the director shall not collect a commission or fee from a real estate broker or the private owner when real property is leased or rented to the state.
(B) There is hereby created in the state treasury the state architect’s fund which shall consist of money received by the department of administrative services under division (A) of this section, fees paid under section 123.17 of the Revised Code, transfers of money to the fund authorized by the general assembly, and such amount of the investment earnings of the administrative building fund created in division (C) of this section as the director of budget and management determines to be appropriate and in excess of the amounts required to meet estimated federal arbitrage rebate requirements. Money in the fund shall be used by the department of administrative services for the following purposes:
(1) To pay personnel and other administrative expenses of the department;
(2) To pay the cost of conducting evaluations of public works;
(3) To pay the cost of building design specifications;
(4) To pay the cost of providing project management services;
(5) To pay the cost of operating the local administration competency certification program prescribed by section 123.17 of the Revised Code;
(6) Any other purposes that the director of administrative services determines to be necessary for the department to execute its duties under this chapter.
(C) There is hereby created in the state treasury the administrative building fund which shall consist of proceeds of obligations authorized to pay the cost of capital facilities. Except as provided in division (B) of this section, all investment earnings of the fund shall be credited to the fund. The fund shall be used to pay the cost of capital facilities designated by or pursuant to an act of the general assembly. The director of budget and management shall approve and provide a voucher for payments of amounts from the fund that represent the portion of investment earnings to be rebated or to be paid to the federal government in order to maintain the exclusion from gross income for federal income tax purposes on interest on those obligations pursuant to section 148(f) of the Internal Revenue Code.
As used in this division, “capital facilities” has the same meaning as under section 152.09 of the Revised Code.
Effective Date: 06-29-2004; 05-06-2005