The bill amends various sections of the Revised Code to enhance regulations surrounding lead testing, certification, and tax credits. It introduces new definitions, such as "pre-cleaning," and establishes a certification process for software used in lead abatement. The bill requires local authorities to issue or deny certifications for properties free from lead hazards within thirty days and allows for resubmission of denied applications. It expands the definition of "lead abatement costs" to include expenses from pass-through entities and clarifies that eligible dwellings for tax credits must be residential units constructed before 1978. Additionally, it mandates that lead abatement specialists be licensed, aiming to improve public health protections and streamline the certification process.

The bill also modifies the lead abatement tax credit program, allowing taxpayers to apply for credits for eligible dwellings and assign their application rights to lead abatement specialists for discounts. It introduces a cap on the total amount of tax credit certificates issued annually and changes the nature of the credit from nonrefundable to refundable, enabling taxpayers to receive refunds if the credit exceeds their tax liability. Furthermore, the bill outlines adjustments to the management of traffic camera fines and the allocation of the undivided local government fund, ensuring fair distribution among local governments. It reinstates the refundable lead abatement credit and repeals several existing sections to streamline the tax credit process, ensuring taxpayers cannot claim the same credit more than once in a taxable year.

Statutes affected:
As Introduced: 3742.01, 3742.03, 3742.39, 3742.50, 5747.08, 5747.26, 5747.50, 5747.502, 5747.51, 5747.53, 5747.98