• H.B. 110 enacts new R.C. 122.17(C)(2) to establish a new rank-ordering of Job Retention Tax Credit application priorities (new R.C. 122.171(C)(2)).
  • H.B. 110 makes a change to the State of Ohio’s Opportunity Zone tax credits (R.C. 122.84) to  increase to $2 million limits on credits awarded to individual taxpayers each fiscal biennium;
  • H.B. 110 helps further define production contractors from those which may claim the state’s film and theater tax credit (R.C. 122.85);
  • H.B. 110 authorizes an income tax deduction for capital gains received by investors in certain Ohio-based venture capital operating companies (new R.C. 122.851);
  • H.B. 110 lastly authorizes an extension of the state’s Transformational Mixed Use Tax Credit (R.C. 122.09) from 2023 to 2025 and sets at $100 million the maximum annual credit allotment during those two extra years.