OH SB193

Enacts a $2,400 income tax withholding credit for employers who hire and retain previously unemployed individuals for 24 consecutive months.

Employee must have been unemployed for four consecutive weeks immediately before hire and hired between January 1, 2010 and December 31, 2010.

Employee must be lawfully employable in the United States and a state resident, earning compensation at or above average unemployment benefits under Ohio law.

Credit is deducted from employer's remittance of undeposited taxes during the partial weekly withholding period including the employee's 24th month of employment, with excess credit applied to subsequent periods.

Employer must execute a notarized statement affirming use of the federal E-Verify employment verification system or successor system to claim the credit.