OH HB66

Enacts Section 5743.06 to allow wholesale dealers to claim refunds for cigarette tax stamps related to bad debts that have been uncollected for at least six months and meet Internal Revenue Code standards.

Requires wholesale dealers to charge off bad debts on their books as uncollectible before claiming refunds and to provide documentation including original invoices, proof of delivery, evidence of non-payment, and reasonable collection efforts.

Amends Section 5743.53 to allow distributors and vapor distributors to claim refunds for tobacco and vapor product taxes paid on bad debts under similar conditions, including a six-month uncollected threshold and documentation requirements.

Imposes a three-year deadline for filing refund requests from the date the bad debt became uncollectible and requires dealers to remit prorated taxes back to the commissioner if the customer later pays all or part of the bad debt.

Applies to bad debts charged off as uncollectible on or after January 1, 2024, and exempts regulatory rules adopted under this section from standard administrative procedure requirements.