To amend sections 5747.98 and 5751.98 and to enact sections 5747.053 and 5751.55 of the Revised Code to authorize a refundable tax credit for compensation paid to skilled trades instructors.
HB 981 amends state laws to allow local governments to create joint economic development districts where they can levy income taxes on businesses and employees operating within those areas. The bill defines specific rules for forming these districts, such as requiring the participating areas to be geographically connected and ensuring that no residents live inside the district boundaries. It also establishes how different local governments can share costs and revenue generated from these taxes to fund improvements and services. Additionally, the legislation clarifies which types of entities and individuals are considered businesses or owners for tax purposes and sets standards for what counts as mixed-use development.
To enact section 9.71 of the Revised Code to disallow companies associated with certain foreign countries from receiving state or local economic incentives and to name this act the Ohio Business Investment Act.
To amend sections 3313.669, 3314.03, 3326.11, and 5502.263 and to enact section 5502.264 of the Revised Code regarding threat assessment teams and model behavioral threat assessment plans and to make an appropriation.
Requires contractors with the office of alcoholism and substance abuse services maintain an operating reserve to be used to address financial issues that occur during a contract year.
Establishes the indigenous clean biofuel innovation and resource partnership pilot program to develop and deploy low-carbon bio-blended fuels in alignment with the state's clean fuel standards.
This bill creates a pilot program in New York's capital district and surrounding areas to capture black carbon pollution and repurpose it for manufacturing advanced solar technologies. The initiative requires the state to partner with Indigenous Nations, giving them significant roles in decision-making, site selection, and ownership of projects. It includes funding for cleaning up contaminated sites, building local solar manufacturing facilities, and installing solar systems on various lands while prioritizing disadvantaged communities. A $50 million appropriation is provided to cover the costs of this program, which will be evaluated after five years to determine if it should be expanded statewide.
Requires the refund of certain excess school taxes collected by school districts located within Rockland County resulting from erroneous tax levy increases for the 2024--2025 school tax levy.
Requires that all funding to the office for people with developmental disabilities reflect current economic conditions; establishes mandatory minimum funding.
This bill repeals specific sections of the state tax law that currently limit how businesses can deduct expenses. By removing these restrictions, the legislation aims to align the state's tax code with federal rules regarding business expensing. The changes apply directly to businesses operating within the state and take effect immediately upon passage.
