OH HB655 | 2013-2014 | 130th General Assembly

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on November 10 2014 - 25% progression, died in committee
Action: 2014-11-10 - To Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

To amend sections 122.17 and 122.171 of the Revised Code to reduce the job retention and capital investment requirements of the Job Retention Tax Credit for businesses in targeted areas or industries, to require that a Job Creation or Retention Tax Credit awarded to such a business equal 100% of its new or retained income tax withholding, and to modify the credits' annual report requirement to provide that employers must submit reports only if required by the Director of Development Services.

Tracking Information

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Title

To reduce the job retention and capital investment requirements of the Job Retention Tax Credit for businesses in targeted areas or industries, to require that a Job Creation or Retention Tax Credit awarded to such a business equal 100% of its new or retained income tax withholding, and to modify the credits' annual report requirement to provide that employers must submit reports only if required by the Director of Development Services.

Sponsors


History

DateChamberAction
2014-11-10 To Ways and Means
2014-11-10 Introduced to House

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
1Amended CodeCitation Text
122Amended CodeCitation Text
12217Amended CodeCitation Text
122171Amended CodeCitation Text

Ohio State Sources


Bill Comments

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