Ohio Rev. Code § 718.15
This is the official text of Ohio Rev. Code § 718.15, part of Ohio’s Ohio Revised Code — the complete compiled statutory law of Ohio, organized into 40+ numbered titles by subject.
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§ 718.15. Tax credit for businesses that foster new jobs in Ohio
Official statutory text
September 17, 2014 House Bill 492 - 130th General Assembly A municipal corporation, by ordinance, may grant a refundable or nonrefundable credit against its tax on income to a taxpayer to foster job creation in the municipal corporation. If a credit is granted under this section, it shall be measured as a percentage of the new income tax revenue the municipal corporation derives from new employees of the taxpayer and shall be for a term not exceeding fifteen years. Before the municipal corporation passes an ordinance granting a credit, the municipal corporation and the taxpayer shall enter into an agreement specifying all the conditions of the credit.
Status: in_force · Read it on the official government site
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