OH SB21

Creates a nonrefundable tax credit for employers in Ohio who hire individuals previously convicted of felonies, known as "qualified reforming felons," for tax years 2010-2011 for corporations and 2009 onwards for pass-through entities.

Defines "qualified reforming felon" as someone convicted of a felony who was hired within one year after conviction or release from incarceration, and whose family income is at or below 70% of the federal lower living standard income level.

Provides credit amounts of 40% of wages (capped at $2,400) for employees working at least 400 hours annually, and 25% of wages (capped at $1,500) for employees working 120-399 hours annually.

Excludes employers who received federal on-the-job training payments and prohibits credits for replacing striking workers; reduces credits proportionally if employees are terminated before 12 months unless termination is voluntary, due to disability/death, or for cause.

Designates the credit within the tax credit claim order for both corporate (section 5733.421) and individual income taxes for pass-through entity owners (section 5747.391), with provisions to carry forward unused credits.