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Senate Bill 132

General Assembly: 132

Short Title: Establish pilot tax credit if redeploy for jobs or energy in FTZ   [ Show Long Title ]

Long Title: To amend section 5751.98 and to enact section 5751.15 of the Revised Code to establish a five-year pilot program whereby taxpayers with facilities in this state with activated foreign trade zone status may claim a nonrefundable commercial activity tax credit equal to the amount redeployed by the taxpayer to job creation and renewable energy resources.

Primary Sponsor: Senator Dolan

Version: As Introduced

Legislation Text : View Current Version

Co-Sponsors Sen. Eklund
Subjects Taxation, Economic Development
Committees Senate Ways and Means
Effective Date
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