Bill > HB122

This bill creates a new income tax credit for qualifying employers who provide paid leave to employees donating organs, such as liver, pancreas, kidney, intestine, lung, or bone marrow. To be eligible, employers must be registered with the E-Verify employment verification program and provide compensation to the employee donor that equals their regular wages during medically necessary recovery time. The tax credit is nonrefundable and can be claimed for up to 30 days of donation leave, with a maximum credit of $300 per day and a total annual limit of $54,000 per employer. Employers can carry forward any unused credit for up to three taxable years. The bill requires the tax commissioner to issue an annual report detailing the number of taxpayers claiming the credit and its total value. Employers may need to provide documentation like pay stubs or employee attestations to support their credit claim. The new tax credit is added to the existing list of credits that taxpayers can claim against their Ohio state income tax liability, and it will apply to taxable years ending on or after the bill's effective date.

Budget and Finance

https://www.legislature.ohio.gov/legislation/136/hb122