{"data":{"id":"us-oh/ohio-rev.-code-718.151","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 718.151","heading":"Tax credits to foster job retention.","body":"A municipal corporation, by ordinance, may grant a refundable or nonrefundable credit against its tax on income to a taxpayer for the purpose of fostering job retention in the municipal corporation. If a credit is granted under this section, it shall be measured as a percentage of the income tax revenue the municipal corporation derives from the retained employees of the taxpayer, and shall be for a term not exceeding fifteen years. Before a municipal corporation passes an ordinance allowing such a credit, the municipal corporation and the taxpayer shall enter into an agreement specifying all the conditions of the credit.","path":["Title 7 Municipal Corporations","Chapter 718 Municipal Income Taxes"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-718.151","current_through":"2014-09-17 (House Bill 492 - 130th General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:27Z","sha256":"281c1223bda3ed8698b2463762764d453f9dc63b69a7fc74bedd8169abc934c3","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-718.15","next":"us-oh/ohio-rev.-code-718.16"},"notice":"GroundRules: Original legal text. Not legal advice."}