Bill Text: OH HB224 | 2009-2010 | 128th General Assembly | Introduced

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Bill Title: To authorize a nonrefundable tax credit for hiring and employing previously unemployed individuals.

Spectrum: Strong Partisan Bill (Republican 13-1)

Status: (Introduced - Dead) 2009-06-16 - To Ways & Means [HB224 Detail]

Download: Ohio-2009-HB224-Introduced.html

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As Introduced

128th General Assembly Regular Session 2009-2010

H. B. No. 224

Representatives Snitchler, Jordan 

Cosponsors: Representatives Boose, Ruhl, Wagner, Hall, Mandel, Burke, Grossman, Blessing, Huffman, Adams, J., Morgan, Domenick 

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A BILL

To amend sections 5725.98, 5729.98, 5733.01, 5733.98,

1

and 5747.98 and to enact sections 5725.34,

2

5729.17, 5733.60, and 5747.67 of the Revised Code

3

to authorize a nonrefundable tax credit for hiring

4

and employing previously unemployed individuals.

5

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

Section 1.  That sections 5725.98, 5729.98, 5733.01, 5733.98,	6
and 5747.98 be amended and sections 5725.34, 5729.17, 5733.60, and	7
5747.67 of the Revised Code be enacted to read as follows:	8

Sec. 5725.34.  (A) For purposes of this section, "credit	9
period" means, in the case of a dealer in intangibles, the	10
calendar year ending on the thirty-first day of December next	11
preceding the day the report is required to be returned under	12
section 5725.14 of the Revised Code and, in the case of a domestic	13
insurance company, the calendar year ending on the thirty-first	14
day of December next preceding the day the annual statement is	15
required to be returned under section 5725.18 of the Revised Code.	16

(B) A credit is hereby allowed against the tax levied under	17
section 5707.03 and assessed under section 5725.15 of the Revised	18
Code or the tax imposed by section 5725.18 of the Revised Code	19
for a dealer in intangibles or a domestic insurance company that	20
employs an employee meeting each of the following conditions:	21

(1) The employee was unemployed for the four consecutive	22
weeks immediately preceding the date the employee was hired.	23

(2) The employee was hired on or after July 1, 2009, but	24
before July 1, 2010.	25

(3) During employment the employee was lawfully employable in	26
the United States under federal law, as affirmed under division	27
(C) of this section, and resided in this state.	28

(4) The employee has been employed by the dealer in	29
intangibles or insurance company for twenty-four consecutive	30
months for compensation greater than or equal to the average	31
monthly employment compensation benefits paid to persons receiving	32
unemployment compensation pursuant to Chapter 4141. of the Revised	33
Code.	34

The credit equals two thousand four hundred dollars for each	35
such employee. The credit shall be claimed for the credit period	36
that includes the last day of the employee's twenty-fourth month	37
of employment. The credit shall be claimed in the order required	38
under section 5725.98 of the Revised Code. The amount of credit	39
claimed may not exceed the tax otherwise due after allowing for	40
all preceding credits in that order. Excess credit is allowed as a	41
credit in each of the ensuing two credit periods, but the amount	42
of any excess credit claimed in a credit period shall be deducted	43
from the balance carried forward. For purposes of determining	44
duration of employment, employment may include not more than	45
thirteen weeks of service for the employer as personnel provided	46
by a person providing employment service as defined under division	47
(JJ) of section 5739.01 of the Revised Code, except that division	48
(JJ)(2) of that section does not apply.	49

(C) The credit under this section shall not be allowed for a	50
dealer in intangibles or insurance company unless the dealer or	51
insurance company executes a notarized statement affirming that	52
the dealer or insurance company used the federal government's	53
electronic employment verification system, currently known as	54
"E-verify," or a successor system to verify the lawful employment	55
eligibility of each employee on the basis of whom the credit is	56
claimed. The dealer or insurance company shall make the statement	57
available for inspection by the tax commissioner, in the case of a	58
dealer, or by the superintendent of insurance, in the case of an	59
insurance company, upon the commissioner's or superintendent's	60
request.	61

Sec. 5725.98. (A) To provide a uniform procedure for	62
calculating the amount of tax imposed by section 5725.18 of the	63
Revised Code that is due under this chapter, a taxpayer shall	64
claim any credits and offsets against tax liability to which it is	65
entitled in the following order:	66

(1) The credit for an insurance company or insurance company	67
group under section 5729.031 of the Revised Code.	68

(2) The credit for eligible employee training costs under	69
section 5725.31 of the Revised Code.	70

(3) The credit for hiring an unemployed individual under	71
section 5725.34 of the Revised Code.	72

(4) The offset of assessments by the Ohio life and health	73
insurance guaranty association permitted by section 3956.20 of the	74
Revised Code.	75

(4)(5) The refundable credit for Ohio job creation under	76
section 5725.32 of the Revised Code.	77

(5)(6) The refundable credit under section 5729.08 of the	78
Revised Code for losses on loans made under the Ohio venture	79
capital program under sections 150.01 to 150.10 of the Revised	80
Code.	81

(B) For any credit except the refundable credits enumerated	82
in divisions (A)(4) and (5) of this section, the amount of the	83
credit for a taxable year shall not exceed the tax due after	84
allowing for any other credit that precedes it in the order	85
required under this section. Any excess amount of a particular	86
credit may be carried forward if authorized under the section	87
creating that credit. Nothing in this chapter shall be construed	88
to allow a taxpayer to claim, directly or indirectly, a credit	89
more than once for a taxable year.	90

Sec. 5729.17.  (A) For purposes of this section, "credit	91
period" means the calendar year ending on the thirty-first day of	92
December next preceding the day the annual statement is required	93
to be returned under section 5729.02 of the Revised Code.	94

(B) A credit is hereby allowed against the tax assessed under	95
Chapter 5729. of the Revised Code for a foreign insurance company	96
that employs an employee meeting each of the following conditions:	97

(1) The employee was unemployed for the four consecutive	98
weeks immediately preceding the date of hire.	99

(2) The employee was hired on or after July 1, 2009, but	100
before July 1, 2010.	101

(3) During employment the employee was lawfully employable in	102
the United States under federal law, as affirmed under division	103
(C) of this section, and resided in this state.	104

(4) The employee has been employed by the insurance company	105
for twenty-four consecutive months for compensation greater than	106
or equal to the average monthly employment compensation benefits	107
paid to persons receiving unemployment compensation pursuant to	108
Chapter 4141. of the Revised Code.	109

The credit equals two thousand four hundred dollars for each	110
such employee. The credit shall be claimed for the credit period	111
that includes the last day of the employee's twenty-fourth month	112
of employment. The credit shall be claimed in the order required	113
under section 5729.98 of the Revised Code. The amount of credit	114
claimed may not exceed the tax otherwise due after allowing for	115
all preceding credits in that order. Excess credit is allowed as a	116
credit in each of the ensuing two credit periods, but the amount	117
of any excess credit claimed in a credit period shall be deducted	118
from the balance carried forward. For purposes of determining	119
duration of employment, employment may include not more than	120
thirteen weeks of service for the employer as personnel provided	121
by a person providing employment service as defined under division	122
(JJ) of section 5739.01 of the Revised Code, except that division	123
(JJ)(2) of that section does not apply.	124

(C) The credit under this section shall not be allowed for a	125
foreign insurance company unless the company executes a notarized	126
statement affirming that the company used the federal government's	127
electronic employment verification system, currently known as	128
"E-verify," or a successor system to verify the lawful employment	129
eligibility of each employee on the basis of whom the credit is	130
claimed. The insurance company shall make the statement available	131
for inspection by the superintendent of insurance upon the	132
superintendent's request.	133

Sec. 5729.98. (A) To provide a uniform procedure for	134
calculating the amount of tax due under this chapter, a taxpayer	135
shall claim any credits and offsets against tax liability to which	136
it is entitled in the following order:	137

(1) The credit for an insurance company or insurance company	138
group under section 5729.031 of the Revised Code.	139

(2) The credit for eligible employee training costs under	140
section 5729.07 of the Revised Code.	141

(3) The credit for hiring an unemployed individual under	142
section 5729.17 of the Revised Code.	143

(4) The offset of assessments by the Ohio life and health	144
insurance guaranty association against tax liability permitted by	145
section 3956.20 of the Revised Code.	146

(4)(5) The refundable credit for Ohio job creation under	147
section 5729.032 of the Revised Code.	148

(5)(6) The refundable credit under section 5729.08 of the	149
Revised Code for losses on loans made under the Ohio venture	150
capital program under sections 150.01 to 150.10 of the Revised	151
Code.	152

(B) For any credit except the refundable credits enumerated	153
in divisions (A)(4) and (5) of this section, the amount of the	154
credit for a taxable year shall not exceed the tax due after	155
allowing for any other credit that precedes it in the order	156
required under this section. Any excess amount of a particular	157
credit may be carried forward if authorized under the section	158
creating that credit. Nothing in this chapter shall be construed	159
to allow a taxpayer to claim, directly or indirectly, a credit	160
more than once for a taxable year.	161

Sec. 5733.01.  (A) The tax provided by this chapter for	162
domestic corporations shall be the amount charged against each	163
corporation organized for profit under the laws of this state and	164
each nonprofit corporation organized pursuant to Chapter 1729. of	165
the Revised Code, except as provided in sections 5733.09 and	166
5733.10 of the Revised Code, for the privilege of exercising its	167
franchise during the calendar year in which that amount is	168
payable, and the tax provided by this chapter for foreign	169
corporations shall be the amount charged against each corporation	170
organized for profit and each nonprofit corporation organized or	171
operating in the same or similar manner as nonprofit corporations	172
organized under Chapter 1729. of the Revised Code, under the laws	173
of any state or country other than this state, except as provided	174
in sections 5733.09 and 5733.10 of the Revised Code, for the	175
privilege of doing business in this state, owning or using a part	176
or all of its capital or property in this state, holding a	177
certificate of compliance with the laws of this state authorizing	178
it to do business in this state, or otherwise having nexus in or	179
with this state under the Constitution of the United States,	180
during the calendar year in which that amount is payable.	181

(B) A corporation is subject to the tax imposed by section	182
5733.06 of the Revised Code for each calendar year that it is so	183
organized, doing business, owning or using a part or all of its	184
capital or property, holding a certificate of compliance, or	185
otherwise having nexus in or with this state under the	186
Constitution of the United States, on the first day of January of	187
that calendar year.	188

(C) Any corporation subject to this chapter that is not	189
subject to the federal income tax shall file its returns and	190
compute its tax liability as required by this chapter in the same	191
manner as if that corporation were subject to the federal income	192
tax.	193

(D) For purposes of this chapter, a federally chartered	194
financial institution shall be deemed to be organized under the	195
laws of the state within which its principal office is located.	196

(E) For purposes of this chapter, any person, as defined in	197
section 5701.01 of the Revised Code, shall be treated as a	198
corporation if the person is classified for federal income tax	199
purposes as an association taxable as a corporation, and an equity	200
interest in the person shall be treated as capital stock of the	201
person.	202

(F) For the purposes of this chapter, "disregarded entity"	203
has the same meaning as in division (D) of section 5745.01 of the	204
Revised Code.	205

(1) A person's interest in a disregarded entity, whether held	206
directly or indirectly, shall be treated as the person's ownership	207
of the assets and liabilities of the disregarded entity, and the	208
income, including gain or loss, shall be included in the person's	209
net income under this chapter.	210

(2) Any sale, exchange, or other disposition of the person's	211
interest in the disregarded entity, whether held directly or	212
indirectly, shall be treated as a sale, exchange, or other	213
disposition of the person's share of the disregarded entity's	214
underlying assets or liabilities, and the gain or loss from such	215
sale, exchange, or disposition shall be included in the person's	216
net income under this chapter.	217

(3) The disregarded entity's payroll, property, and sales	218
factors shall be included in the person's factors.	219

(G) The tax a corporation is required to pay under this	220
chapter shall be as follows:	221

(1)(a) For financial institutions, the greater of the minimum	222
payment required under division (E) of section 5733.06 of the	223
Revised Code or the difference between all taxes charged the	224
financial institution under this chapter, without regard to	225
division (G)(2) of this section, less any credits allowable	226
against such tax.	227

(b) A corporation satisfying the description in division	228
(E)(5), (6), (7), (8), or (10) of section 5751.01 of the Revised	229
Code that is not a financial institution, insurance company, or	230
dealer in intangibles is subject to the taxes imposed under this	231
chapter as a corporation and not subject to tax as a financial	232
institution, and shall pay the greater of the minimum payment	233
required under division (E) of section 5733.06 of the Revised Code	234
or the difference between all the taxes charged under this	235
chapter, without regard to division (G)(2) of this section, less	236
any credits allowable against such tax.	237

(2) For all corporations other than those persons described	238
in division (G)(1)(a) or (b) of this section, the amount under	239
division (G)(2)(a) of this section applicable to the tax year	240
specified less the amount under division (G)(2)(b) of this	241
section:	242

(a)(i) For tax year 2005, the greater of the minimum payment	243
required under division (E) of section 5733.06 of the Revised Code	244
or the difference between all taxes charged the corporation under	245
this chapter and any credits allowable against such tax;	246

(ii) For tax year 2006, the greater of the minimum payment	247
required under division (E) of section 5733.06 of the Revised Code	248
or four-fifths of the difference between all taxes charged the	249
corporation under this chapter and any credits allowable against	250
such tax, except the qualifying pass-through entity tax credit	251
described in division (A)(29) and the refundable credits described	252
in divisions (A)(30) to (34) of section 5733.98 of the Revised	253
Code;	254

(iii) For tax year 2007, the greater of the minimum payment	255
required under division (E) of section 5733.06 of the Revised Code	256
or three-fifths of the difference between all taxes charged the	257
corporation under this chapter and any credits allowable against	258
such tax, except the qualifying pass-through entity tax credit	259
described in division (A)(29) and the refundable credits described	260
in divisions (A)(30) to (34) of section 5733.98 of the Revised	261
Code;	262

(iv) For tax year 2008, the greater of the minimum payment	263
required under division (E) of section 5733.06 of the Revised Code	264
or two-fifths of the difference between all taxes charged the	265
corporation under this chapter and any credits allowable against	266
such tax, except the qualifying pass-through entity tax credit	267
described in division (A)(29) and the refundable credits described	268
in divisions (A)(30) to (34) of section 5733.98 of the Revised	269
Code;	270

(v) For tax year 2009, the greater of the minimum payment	271
required under division (E) of section 5733.06 of the Revised Code	272
or one-fifth of the difference between all taxes charged the	273
corporation under this chapter and any credits allowable against	274
such tax, except the qualifying pass-through entity tax credit	275
described in division (A)(29) and the refundable credits described	276
in divisions (A)(30), (31), (32), and (33) of section 5733.98 of	277
the Revised Code;	278

(vi) For tax year 2010 and each tax year thereafter, no tax.

279

(b) A corporation shall subtract from the amount calculated	280
under division (G)(2)(a)(ii), (iii), (iv), or (v) of this section	281
any qualifying pass-through entity tax credit described in	282
division (A)(29) and any refundable credits described in divisions	283
(A)(30) to (34) of section 5733.98 of the Revised Code to which	284
the corporation is entitled. Any unused qualifying pass-through	285
entity tax credit is not refundable.	286

(c) For the purposes of computing the amount of a credit that	287
may be carried forward to a subsequent tax year under division	288
(G)(2) of this section, a credit is utilized against the tax for a	289
tax year to the extent the credit applies against the tax for that	290
tax year, even if the difference is then multiplied by the	291
applicable fraction under division (G)(2)(a) of this section.	292

(3) Nothing in division (G) of this section eliminates or	293
reduces the tax imposed by section 5733.41 of the Revised Code on	294
a qualifying pass-through entity.	295

Sec. 5733.60.  A credit is hereby allowed against the tax	296
levied under section 5733.06 of the Revised Code for a taxpayer	297
that employs an employee meeting each of the following conditions:	298

(A) The employee was unemployed for the four consecutive	299
weeks immediately preceding the date of hire.	300

(B) The employee was hired on or after July 1, 2009, but	301
before July 1, 2010.	302

(C) During employment the employee was lawfully employable in	303
the United States under federal law, as affirmed under this	304
section, and resided in this state.	305

(D) The employee has been employed by the taxpayer for	306
twenty-four consecutive months for compensation greater than or	307
equal to the average monthly employment compensation benefits paid	308
to persons receiving unemployment compensation pursuant to Chapter	309
4141. of the Revised Code.	310

The credit equals two thousand four hundred dollars for each	311
such employee. The credit shall be claimed for the taxpayer's	312
taxable year that includes the last day of the employee's	313
twenty-fourth month of employment. The credit shall be claimed in	314
the order required under section 5733.98 of the Revised Code. The	315
amount of credit claimed may not exceed the tax otherwise due	316
after allowing for all preceding credits in that order. Excess	317
credit is allowed as a credit for each of the ensuing two taxable	318
years, but the amount of any excess credit claimed for a taxable	319
year shall be deducted from the balance carried forward. For	320
purposes of determining duration of employment, employment may	321
include not more than thirteen weeks of service for the employer	322
as personnel provided by a person providing employment service as	323
defined under division (JJ) of section 5739.01 of the Revised	324
Code, except that division (JJ)(2) of that section does not apply.	325

The credit under this section shall not be allowed for a	326
taxpayer unless the taxpayer executes a notarized statement	327
affirming that the taxpayer used the federal government's	328
electronic employment verification system, currently known as	329
"E-verify," or a successor system to verify the lawful employment	330
eligibility of each employee on the basis of whom the credit is	331
claimed. The taxpayer shall make the statement available for	332
inspection by the tax commissioner upon the commissioner's	333
request.	334

Sec. 5733.98.  (A) To provide a uniform procedure for	335
calculating the amount of tax imposed by section 5733.06 of the	336
Revised Code that is due under this chapter, a taxpayer shall	337
claim any credits to which it is entitled in the following order,	338
except as otherwise provided in section 5733.058 of the Revised	339
Code:	340

(1) For tax year 2005, the credit for taxes paid by a	341
qualifying pass-through entity allowed under section 5733.0611 of	342
the Revised Code;	343

(2) The credit allowed for financial institutions under	344
section 5733.45 of the Revised Code;	345

(3) The credit for qualifying affiliated groups under section	346
5733.068 of the Revised Code;	347

(4) The subsidiary corporation credit under section 5733.067	348
of the Revised Code;	349

(5) The savings and loan assessment credit under section	350
5733.063 of the Revised Code;	351

(6) The credit for recycling and litter prevention donations	352
under section 5733.064 of the Revised Code;	353

(7) The credit for employers that enter into agreements with	354
child day-care centers under section 5733.36 of the Revised Code;	355

(8) The credit for employers that reimburse employee child	356
care expenses under section 5733.38 of the Revised Code;	357

(9) The credit for maintaining railroad active grade crossing	358
warning devices under section 5733.43 of the Revised Code;	359

(10) The credit for purchases of lights and reflectors under	360
section 5733.44 of the Revised Code;	361

(11) The job retention credit under division (B) of section	362
5733.0610 of the Revised Code;	363

(12) The credit for tax years 2008 and 2009 for selling	364
alternative fuel under section 5733.48 of the Revised Code;	365

(13) The second credit for purchases of new manufacturing	366
machinery and equipment under section 5733.33 of the Revised Code;	367

(14) The job training credit under section 5733.42 of the	368
Revised Code;	369

(15) The credit for qualified research expenses under section	370
5733.351 of the Revised Code;	371

(16) The credit for hiring an unemployed individual under	372
section 5733.60 of the Revised Code;	373

(17) The enterprise zone credit under section 5709.66 of the	374
Revised Code;	375

(17)(18) The credit for the eligible costs associated with a	376
voluntary action under section 5733.34 of the Revised Code;	377

(18)(19) The credit for employers that establish on-site	378
child day-care centers under section 5733.37 of the Revised Code;	379

(19)(20) The ethanol plant investment credit under section	380
5733.46 of the Revised Code;	381

(20)(21) The credit for purchases of qualifying grape	382
production property under section 5733.32 of the Revised Code;	383

(21)(22) The export sales credit under section 5733.069 of	384
the Revised Code;	385

(22)(23) The credit for research and development and	386
technology transfer investors under section 5733.35 of the Revised	387
Code;	388

(23)(24) The enterprise zone credits under section 5709.65 of	389
the Revised Code;	390

(24)(25) The credit for using Ohio coal under section 5733.39	391
of the Revised Code;	392

(25)(26) The credit for small telephone companies under	393
section 5733.57 of the Revised Code;	394

(26)(27) The credit for eligible nonrecurring 9-1-1 charges	395
under section 5733.55 of the Revised Code;	396

(27)(28) For tax year 2005, the credit for providing programs	397
to aid the communicatively impaired under division (A) of section	398
5733.56 of the Revised Code;	399

(28)(29) The research and development credit under section	400
5733.352 of the Revised Code;	401

(29)(30) For tax years 2006 and subsequent tax years, the	402
credit for taxes paid by a qualifying pass-through entity allowed	403
under section 5733.0611 of the Revised Code;	404

(30)(31) The refundable credit for rehabilitating a historic	405
building under section 5733.47 of the Revised Code;	406

(31)(32) The refundable jobs creation credit under division	407
(A) of section 5733.0610 of the Revised Code;	408

(32)(33) The refundable credit for tax withheld under	409
division (B)(2) of section 5747.062 of the Revised Code;	410

(33)(34) The refundable credit under section 5733.49 of the	411
Revised Code for losses on loans made to the Ohio venture capital	412
program under sections 150.01 to 150.10 of the Revised Code;	413

(34)(35) For tax years 2006, 2007, and 2008, the refundable	414
credit allowable under division (B) of section 5733.56 of the	415
Revised Code.	416

(B) For any credit except the refundable credits enumerated	417
in divisions (A)(30) to (34) of this section, the amount of the	418
credit for a tax year shall not exceed the tax due after allowing	419
for any other credit that precedes it in the order required under	420
this section. Any excess amount of a particular credit may be	421
carried forward if authorized under the section creating that	422
credit.	423

Sec. 5747.67.  A credit is hereby allowed against the tax	424
levied under section 5747.02 of the Revised Code for a taxpayer	425
that employs an employee meeting each of the following conditions:	426

(A) The employee was unemployed for the four consecutive	427
weeks immediately preceding the date of hire.	428

(B) The employee was hired on or after July 1, 2009, but	429
before July 1, 2010.	430

(C) During employment the employee was lawfully employable in	431
the United States under federal law, as affirmed under this	432
section, and resided in this state.	433

(D) The employee has been employed by the taxpayer for	434
twenty-four consecutive months for compensation greater than or	435
equal to the average monthly employment compensation benefits paid	436
to persons receiving unemployment compensation pursuant to Chapter	437
4141. of the Revised Code.	438

The credit equals two thousand four hundred dollars for each	439
such employee. The credit shall be claimed for the taxpayer's	440
taxable year that includes the last day of the employee's	441
twenty-fourth month of employment. The credit shall be claimed in	442
the order required under section 5747.98 of the Revised Code. The	443
amount of credit claimed may not exceed the tax otherwise due	444
after allowing for all preceding credits in that order. Excess	445
credit is allowed as a credit in each of the ensuing two taxable	446
years, but the amount of any excess credit claimed in a taxable	447
year shall be deducted from the balance carried forward. For	448
purposes of determining duration of employment, employment may	449
include not more than thirteen weeks of service for the employer	450
as personnel provided by a person providing employment service as	451
defined under division (JJ) of section 5739.01 of the Revised	452
Code, except that division (JJ)(2) of that section does not apply.	453

The credit under this section shall not be allowed for a	454
taxpayer unless the taxpayer executes a notarized statement	455
affirming that the taxpayer used the federal government's	456
electronic employment verification system, currently known as	457
"E-verify," or a successor system to verify the lawful employment	458
eligibility of each employee on the basis of whom the credit is	459
claimed. The taxpayer shall make the statement available for	460
inspection by the tax commissioner upon the commissioner's	461
request.	462

Nothing in this section prohibits or disallows pass-through	463
treatment of the credit by a pass-through entity.	464

Sec. 5747.98.  (A) To provide a uniform procedure for	465
calculating the amount of tax due under section 5747.02 of the	466
Revised Code, a taxpayer shall claim any credits to which the	467
taxpayer is entitled in the following order:	468

(1) The retirement income credit under division (B) of	469
section 5747.055 of the Revised Code;	470

(2) The senior citizen credit under division (C) of section	471
5747.05 of the Revised Code;	472

(3) The lump sum distribution credit under division (D) of	473
section 5747.05 of the Revised Code;	474

(4) The dependent care credit under section 5747.054 of the	475
Revised Code;	476

(5) The lump sum retirement income credit under division (C)	477
of section 5747.055 of the Revised Code;	478

(6) The lump sum retirement income credit under division (D)	479
of section 5747.055 of the Revised Code;	480

(7) The lump sum retirement income credit under division (E)	481
of section 5747.055 of the Revised Code;	482

(8) The low-income credit under section 5747.056 of the	483
Revised Code;	484

(9) The credit for displaced workers who pay for job training	485
under section 5747.27 of the Revised Code;	486

(10) The campaign contribution credit under section 5747.29	487
of the Revised Code;	488

(11) The twenty-dollar personal exemption credit under	489
section 5747.022 of the Revised Code;	490

(12) The joint filing credit under division (G) of section	491
5747.05 of the Revised Code;	492

(13) The nonresident credit under division (A) of section	493
5747.05 of the Revised Code;	494

(14) The credit for a resident's out-of-state income under	495
division (B) of section 5747.05 of the Revised Code;	496

(15) The credit for employers that enter into agreements with	497
child day-care centers under section 5747.34 of the Revised Code;	498

(16) The credit for employers that reimburse employee child	499
care expenses under section 5747.36 of the Revised Code;	500

(17) The credit for adoption of a minor child under section	501
5747.37 of the Revised Code;	502

(18) The credit for hiring an unemployed individual under	503
section 5747.67 of the Revised Code;	504

(19) The credit for purchases of lights and reflectors under	505
section 5747.38 of the Revised Code;	506

(19)(20) The job retention credit under division (B) of	507
section 5747.058 of the Revised Code;	508

(20)(21) The credit for selling alternative fuel under	509
section 5747.77 of the Revised Code;	510

(21)(22) The second credit for purchases of new manufacturing	511
machinery and equipment and the credit for using Ohio coal under	512
section 5747.31 of the Revised Code;	513

(22)(23) The job training credit under section 5747.39 of the	514
Revised Code;	515

(23)(24) The enterprise zone credit under section 5709.66 of	516
the Revised Code;	517

(24)(25) The credit for the eligible costs associated with a	518
voluntary action under section 5747.32 of the Revised Code;	519

(25)(26) The credit for employers that establish on-site	520
child day-care centers under section 5747.35 of the Revised Code;	521

(26)(27) The ethanol plant investment credit under section	522
5747.75 of the Revised Code;	523

(27)(28) The credit for purchases of qualifying grape	524
production property under section 5747.28 of the Revised Code;	525

(28)(29) The export sales credit under section 5747.057 of	526
the Revised Code;	527

(29)(30) The credit for research and development and	528
technology transfer investors under section 5747.33 of the Revised	529
Code;	530

(30)(31) The enterprise zone credits under section 5709.65 of	531
the Revised Code;	532

(31)(32) The research and development credit under section	533
5747.331 of the Revised Code;	534

(32)(33) The credit for rehabilitating a historic building	535
under section 5747.76 of the Revised Code;	536

(33)(34) The refundable credit for rehabilitating a historic	537
building under section 5747.76 of the Revised Code;	538

(34)(35) The refundable jobs creation credit under division	539
(A) of section 5747.058 of the Revised Code;	540

(35)(36) The refundable credit for taxes paid by a qualifying	541
entity granted under section 5747.059 of the Revised Code;	542

(36)(37) The refundable credits for taxes paid by a	543
qualifying pass-through entity granted under division (J) of	544
section 5747.08 of the Revised Code;	545

(37)(38) The refundable credit for tax withheld under	546
division (B)(1) of section 5747.062 of the Revised Code;	547

(38)(39) The refundable credit under section 5747.80 of the	548
Revised Code for losses on loans made to the Ohio venture capital	549
program under sections 150.01 to 150.10 of the Revised Code.	550

(B) For any credit, except the refundable credits enumerated	551
in divisions (A)(33) to (38) of this section and the credit	552
granted under division (I) of section 5747.08 of the Revised	553
Code, the amount of the credit for a taxable year shall not	554
exceed the tax due after allowing for any other credit that	555
precedes it in the order required under this section. Any excess	556
amount of a particular credit may be carried forward if	557
authorized under the section creating that credit. Nothing in	558
this chapter shall be construed to allow a taxpayer to claim,	559
directly or indirectly, a credit more than once for a taxable	560
year.	561

Section 2.  That existing sections 5725.98, 5729.98, 5733.01,	562
5733.98, and 5747.98 of the Revised Code are hereby repealed.	563