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 organ donation leave benefits credit into the existing list of credits under section 5747.98. This ensures that the new credit is considered in the calculation of a taxpayer's aggregate tax liability. The tax commissioner is tasked with reporting on the credit's usage annually, and the bill includes provisions for the commissioner to require supporting documentation from taxpayers claiming the credit. The enactment of this section applies to taxable years ending on or after its effective date.

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