The bill amends section 5747.98 and enacts section 5747.74 of the Revised Code to establish a nonrefundable income tax credit for employers who provide paid leave to employees who are organ donors. The new section defines key terms such as "employee donor," "qualifying employer," and "donation leave benefits." It specifies that the credit is available to qualifying employers who pay donation leave benefits to employee donors, with the credit amount capped at the lesser of the benefits paid or $300 per day for up to 30 days. Additionally, the total amount of donation leave benefits eligible for the credit per taxable year is limited to $54,000.

The bill also modifies the order in which tax credits are claimed by inserting the new credit for organ donation leave benefits into the existing list of credits under section 5747.98. The tax commissioner is tasked with reporting on the credit's usage annually, and the bill allows for the carryforward of any excess credit for up to three taxable years. Existing section 5747.98 is repealed, and the new provisions apply to taxable years ending on or after the effective date of the enactment.

Statutes affected:
As Introduced: 5747.98
As Reported By House Committee: 5747.98
As Passed By House: 5747.98