On September 20, 2011 the Job Tax Credit bill (H.B. 327) was introduced in the Ohio House of Representatives by Representative Anne Gonzales.
If enacted as introduced, the credit would provide for a six-year trial period in which employers may receive a job creation or job retention tax credit for the employment of home-based employees. A home-based employee is currently being defined as an employee whose services are performed primarily from the employee’s Ohio residence. To qualify for the program, the minimum wage threshold would be $9.50 per hour. The legislation would place administration of the program within the Ohio Department of Development and the credit would require Ohio Tax Credit Authority approval.
At the end of the six-year period, the Director of Development would be required to issue a report gauging the effectiveness of the program and to provide a recommendation, if any, for extension of the program. For more information on the proposed program, read the full text of H.B. 327.
