The bill introduces a nonrefundable income tax credit for taxpayers who have their dogs spayed or neutered or who complete a dog training course, amending sections 5747.08 and 5747.98 of the Revised Code and enacting section 5747.87. This new credit allows taxpayers to claim up to $350 per taxable year for these expenses, with the stipulation that it can only be claimed once per year and must be reported in the year the expense is incurred. The tax commissioner may require supporting documentation, such as a sales receipt, to validate the claim.

Additionally, the bill includes the new credit in section 5747.98 as part of the list of credits available against aggregate tax liability, promoting responsible pet ownership and potentially reducing the number of stray animals. It 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 cannot exceed the taxpayer's aggregate tax due, with provisions for carrying forward any excess. The bill repeals existing sections 5747.08 and 5747.98, aiming to streamline the tax credit process and refine the overall tax credit system.

Statutes affected:
As Introduced: 5747.08, 5747.98