OH HB75

Creates the Ohio Historical Society Income Tax Contribution Fund (section 149.308) and the American Red Cross Ohio Disaster Response Readiness and Preparedness Fund (section 5502.23) to receive voluntary contributions from taxpayers through their income tax refunds.

Allows taxpayers to designate portions of their income tax refunds for contribution to the Ohio Historical Society fund and American Red Cross disaster preparedness fund (effective for tax years beginning January 1, 2010 or later), with minimum contribution of one dollar.

Permanently authorizes the Tax Commissioner to refund erroneously made commercial activity tax payments by persons not required to pay the tax, and permits consensual written extensions of the four-year time limit on assessments and refund requests by agreement between taxpayer and commissioner.

Allows refunds of annual minimum commercial activity tax paid in 2007, 2008, or 2009 for persons who were excluded from the tax and erroneously registered before failing to cancel registration by the tenth day of February of the respective year.

Modifies the income tax refund contribution system to allocate administrative costs equally (one-fifth each) among five funds instead of dividing equally among three funds.