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OH HB230

Bill

Official Source

Status

Introduced

7/11/2013

Primary Sponsor

Cheryl Grossman

Click for details

Origin

House of Representatives

130th General Assembly (2013-2014)

AI Summary

  • Authorizes an income tax or commercial activity tax credit for businesses that donate food inventory to charitable organizations
  • Applies to businesses donating qualifying food inventory rather than disposing of it
  • Credit amount and eligibility requirements determined by state tax law provisions
  • Encourages food donation by providing tax incentives to participating businesses
  • Aims to increase charitable food contributions while reducing business tax liability

Legislative Description

To authorize an income tax or commercial activity tax credit for businesses that donate food inventory to charitable organizations.

Tax credits-businesses that donate food inventory to charitable organizations

Last Action

To Ways and Means

7/11/2013

Full Bill Text

No bill text available