The bill amends sections 5747.08 and 5747.98 of the Revised Code and enacts a new section, 5747.88, to introduce a nonrefundable income tax credit specifically for dog registration fees. Under the new section, taxpayers can claim a credit against their aggregate tax liability for the lesser of the dog registration fees paid during the taxable year or twenty dollars for each dog registered. This credit must be claimed in accordance with the order outlined in section 5747.98, which details the sequence for applying various tax credits. The inclusion of this credit aims to provide financial relief to dog owners and promote responsible pet ownership.

Additionally, the bill includes an insertion in section 5747.98 to incorporate the new dog registration fee credit into the existing list of credits available to taxpayers. The bill also repeals the previous versions of sections 5747.08 and 5747.98, streamlining the tax credit process and ensuring clarity regarding the application of credits related to tax obligations. Overall, the legislative changes are designed to enhance the tax benefits available to Ohio residents while simplifying the credit claiming process.

Statutes affected:
As Introduced: 5747.08, 5747.98