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OH HB311
Bill
Status
12/19/2013
Primary Sponsor
Terry Boose
Click for details
AI Summary
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Clarifies that persons eligible for homestead exemption without income limits continue receiving the exemption if their homestead changes, by adding "for any homestead" language to sections 323.152 and 4503.065.
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Extends the availability of rehabilitation tax credit certificates with effective dates on or before December 31, 2013, allowing certificate owners to claim credits for tax year 2014 or prior years until October 15, 2014.
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Amends Section 803.80 of Am. Sub. H.B. 59 to clarify the effective dates of income tax deduction and credit provisions, applying specified amendments to taxable years beginning on or after January 1, 2013 or 2014.
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Confirms that amendments made by H.B. 72 of the 130th General Assembly to sections 323.152 and 4503.065 are retained and effective January 30, 2014.
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Declares the act an emergency measure effective immediately to ensure tax deductions and credits are available before the close of the current tax period.
Legislative Description
And Section 803.80 of Am. Sub. H.B. 59 of the 130th General Assembly to clarify the effective date of an income tax deduction, to extend the availability of a corporation franchise tax credit, to clarify that a person eligible for the homestead exemption without income limits continues to receive that exemption if the person's homestead changes, and to declare an emergency.
Zoo levies-lengthen term/modify recent tax amendments
Last Action
Effective Date
12/19/2013