OH HB297

Creates a nonrefundable income tax credit for taxpayers who make cash contributions to qualifying pregnancy resource centers between January 1, 2021 and December 31, 2025.

Credit amount equals 50% of aggregate contributions during the taxable year, with a maximum of $1,000 per year.

Qualifying pregnancy resource centers must be nonprofit organizations exempt under IRC section 501(c) that provide free services like pregnancy tests, ultrasounds, and counseling; excludes hospitals, nursing homes, and organizations that perform, promote, or contract for nontherapeutic abortions.

Requires taxpayers to provide documentation from the center acknowledging the contribution amount to claim the credit.

For pass-through entities, the credit may be allocated among equity owners proportionally or according to mutual agreement.