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OH HB258
Bill
Status
6/14/2011
Primary Sponsor
Courtney Combs
Click for details
AI Summary
HB 258 Summary
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Allows individuals who complete registered apprenticeship programs to deduct earned income from Ohio state income tax for five years following completion, with the deduction available for the year of certificate issuance plus four subsequent years or the following year plus four subsequent years.
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Allows individuals who graduate with a baccalaureate degree from qualifying Ohio institutions of higher education to deduct earned income from Ohio state income tax for five years following graduation, with the same timing options as the apprenticeship deduction.
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Prohibits the Apprenticeship Council from establishing apprentice-to-journeyperson ratio requirements stricter than federal regulations or from discriminating against employers operating open or merit shops in apprenticeship program registration and standards.
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Both income deductions expire for taxable years beginning January 1, 2022, and require individuals to claim the deduction within two consecutive years or forfeit eligibility for the remaining four-year period.
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Directs the Department of Job and Family Services and Ohio Board of Regents to publicize these new deductions to apprenticeship programs, educational institutions, and the general public.
Legislative Description
To exempt from taxation for five years the earned income of an individual who obtains journeyperson status or a baccalaureate degree and works in Ohio, and to prohibit the Apprenticeship Council from adopting standards for apprenticeship ratios that are stricter than those requirements specified in the federal regulations governing apprenticeship programs and from discriminating against open or merit shops.
Apprenticeships-tax exemption/ratios/ shop discrimination
Last Action
To Ways & Means
6/14/2011