Sub. H.B. No. 165 Summary

• Establishes a nonrefundable tax credit of five cents per gallon for retail dealers who sell and dispense higher ethanol blend motor fuel (15-85% ethanol content) through metered pumps at retail service stations in Ohio.

• Requires retail dealers to apply to the director of development services between January 1-20 following the calendar year in which sales occur, with applications processed within 15 days.

• Caps total tax credits awarded at $10 million and limits credit availability to sales occurring within four calendar years after the law's effective date.

• Creates separate tax credit mechanisms for individual income tax (section 5747.74) and commercial activity tax (section 5751.55), with excess credits carried forward to subsequent years.

• Establishes legislative intent to offset retailer infrastructure costs and expand consumer access to high-blend biofuels as an alternative fuel option in Ohio's market.