Authorize tax credit for qualifying technology investments
Refer to Committee
Summary
The bill creates an income‑tax credit for independently owned Ohio businesses with fewer than 50 employees that buy approved hardware or software. The credit equals 30% of the eligible spend, capped at $75,000 per business, and the state limits total credits to $20 million each fiscal year. Ten percent of the credits are reserved for firms in distressed areas or owned in part by veterans.
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