OH HB375

Authorizes a refundable income tax credit for individuals who pay extracurricular activity fees on behalf of students from families with income not exceeding 175% of the federal poverty guidelines.

Defines eligible students as those entitled to attend Ohio public schools (including community schools, STEM schools, and college preparatory boarding schools) whose family income meets the low-income threshold.

Defines extracurricular activities as school-sponsored clubs, organizations, programs, or activities involving music, drama, fine arts, or athletics that are not part of the school's graded course of study; excludes club-sponsored sports and amounts charged for uniforms, equipment, or travel.

Allows one credit per eligible student per taxable year; if multiple taxpayers pay fees for the same student, the first payer receives the credit unless the payers mutually agree otherwise; excess credits beyond tax liability are refunded to the taxpayer.

Applies to taxable years ending on or after the bill's effective date and adds the extracurricular activity fee credit as the last credit claimed in the order of tax credits under Ohio law.