OH HB342

Creates a nonrefundable income tax credit of $1,000 per employee for Ohio employers who pay marriage bonuses to employees who get married during the calendar year

Requires employers to have a qualifying marriage bonus policy offering at least $1,000 to all employees upon submission of a marriage license or marriage record

Caps the total marriage bonuses eligible for the credit at $50,000 per employer per taxable year

Allows unused credit amounts to be carried forward for up to five taxable years

Requires employers to maintain records for at least five years and authorizes the Tax Commissioner to request supporting documentation including the bonus policy and pay stubs