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OH HB529

Bill

Official Source

Status

Introduced

10/15/2025

Primary Sponsor

Mark Sigrist

Click for details

Origin

House of Representatives

136th General Assembly

AI Summary

  • Refundable tax credits available to employers who hire veterans, disabled veterans, National Guard members, military reservists, or spouses of any such individuals
  • Credit amounts for disabled veterans: $750/year for full-time employees or $375/year for part-time employees; for other qualifying employees: $500 (first year) then $200/year for full-time, or $250 (first year) then $100/year for part-time
  • Credits can be claimed for up to 5 years per qualifying employee, provided the employee remains employed at least 180 days per year and employer submits annual continuing applications
  • Total program capped at $1 million in tax credits per calendar year, with priority given to continuing applications over new ones
  • Credits apply against multiple Ohio taxes including commercial activity tax, income tax, insurance premiums tax, and financial institutions tax

Legislative Description

Authorize tax credit if hiring veterans, service members, spouses

Military and Veterans

Last Action

Referred to committee: Ways and Means

10/22/2025

Committee Referrals

Ways and Means10/22/2025

Full Bill Text

No bill text available