The bill amends sections 5747.08 and 5747.98 of the Revised Code and enacts section 5747.87 to establish a nonrefundable income tax credit for taxpayers who have their dogs spayed or neutered or who complete a dog training course. This new section specifies that the credit will cover the costs associated with the surgery or training, with a maximum claim of $350 per taxable year. Taxpayers are limited to claiming one credit per year, and the credit must be claimed in the year the expense is incurred. The tax commissioner may also require supporting documentation, such as a sales receipt, to validate the claim.

Additionally, the bill includes an insertion in section 5747.98, which incorporates the new credit for spaying or neutering or training a dog into the list of business credits that can be claimed. This aims to promote responsible pet ownership and improve social behavior among dogs. The bill also updates the joint filing credit from division (G) to division (E) of section 5747.05 and clarifies that the amount claimed for any credit, except for certain refundable credits, cannot exceed the taxpayer's aggregate tax due, with any excess potentially carried forward. Furthermore, the bill repeals existing sections 5747.08 and 5747.98, likely to streamline the tax credit process and remove outdated provisions.

Statutes affected:
As Introduced: 5747.08, 5747.98