LSC analyses of the scholarship donation credit

Source. Ohio Legislative Service Commission. Three documents on R.C. 5747.73: the tax comparison document for H.B. 110 of the 134th General Assembly as pending in Senate committee; LSC’s final analysis of H.B. 110’s tax provisions; and the fiscal note for H.B. 66 of the 134th. Type. Primary source — the legislature’s own analysis of the bills that wrote the credit. Location. lsc.ohio.gov/assets/legislation/134/hb110/psc/files/hb110-tax-comparison-document-as-pending-in-senate-committee-134th-general-assembly.pdf, lsc.ohio.gov/assets/legislation/134/hb110/en/files/hb110-tax-bill-analysis-as-enrolled-134th-general-assembly.pdf, and the H.B. 66 fiscal note at legislature.ohio.gov/download?key=20201.

What they contain. The comparison document records the Senate’s version: a credit “of up to $1,000” for “taxable years beginning on or after January 1, 2021”. It gives Taxation’s cost as “uncertain, because of insufficient data”, in “a range with an upper end of $70 million”, and notes that GRF revenue losses reduce the Local Government Fund and the Public Library Fund, “which each receive 1.66% of GRF tax revenues”. The final analysis records the credit as enacted, at $750, and the Attorney General’s duties. The H.B. 66 fiscal note says that law “limits the credit to $750 per taxpayer; it does not include specific language regarding the treatment of joint returns”, and describes the $1,500 joint cap as “clarifying that both filers on a joint return are entitled to a $750 credit”.

Not retrieved by a connector. These are cited by hand. The statute itself is pinned through Ohio Revised Code — the sections this corpus cites.