OH SB11

Amends section 5747.113 of the Revised Code to add the Ohio veterans' home agency income tax contribution fund as a charitable option for taxpayers designating portions of their income tax refunds.

Creates section 5907.111 establishing the Ohio veterans' home agency income tax contribution fund in the state treasury, funded through refund contributions and direct donations.

Fund moneys shall be distributed by the board of trustees to residents' benefit funds and used specifically for advancement of veterans' services and assisting veterans with significant financial need.

Requires the superintendent of the Ohio veterans' home agency to report biennially in January of odd-numbered years on the fund's effectiveness, including contribution amounts and expenditure purposes for the previous five years.

Changes administrative cost allocation from one-third shares among three funds to one-fourth shares among four funds (natural areas, nongame wildlife, military injury relief, and veterans' home), with administrative costs capped at 2.5 percent of annual contributions.