Bill > SB96

This bill establishes two new nonrefundable income tax credits for Ohio taxpayers related to firearms: a handgun training credit and a secure storage/locking device credit. For the handgun training credit, taxpayers can claim up to $250 for the cost of completing a state-approved handgun training course, which must be claimed in the taxable year the course is completed. For the secure storage/locking device credit, taxpayers can claim up to $250 for purchasing locked safes, cases, locks, or mechanical devices that disable firearms, with the requirement that taxpayers provide sales receipts to support their credit claim. Both credits can be claimed against a taxpayer's state income tax liability, and the tax commissioner is prohibited from maintaining a list of taxpayers who claim these credits. The bill amends existing tax code sections to integrate these new credits into the existing tax credit structure, specifying the order in which credits can be claimed and ensuring that the credits cannot be claimed more than once in a taxable year. The new credits will apply to taxable years ending on or after the bill's effective date.

Budget and Finance

https://www.legislature.ohio.gov/legislation/136/sb96