OH HB17

Amends Ohio income tax law to create a $2,400 income tax withholding credit for employers who hire previously unemployed individuals between January 1, 2011 and January 1, 2012.

Employee must have been unemployed for four consecutive weeks immediately before hire and employed continuously for 24 months at compensation equal to or greater than average monthly unemployment benefits.

Employee must be lawfully employable in the United States and reside in Ohio; employer must verify employment eligibility using E-Verify or successor federal system and provide notarized statement to claim credit.

Credit is deducted from undeposited taxes due in the partial weekly withholding period containing the employee's 24th month of employment, with excess credit applied to subsequent withholding periods until fully utilized.

Requires employers to report employee names, social security numbers, hire dates, and credit amounts on annual tax returns; existing sections 5747.07 and 5747.15 are amended to implement the credit provisions.