Ohio § 5747.66 Credit for any individual who is the certificate owner of a tax credit certificate

Ohio Statutes

§ 5747.66 — Credit for any individual who is the certificate owner of a tax credit certificate

Ohio § 5747.66

Title 57Taxation

Ch. 5747Income Tax

This text of Ohio § 5747.66 (Credit for any individual who is the certificate owner of a tax credit certificate) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 5747.66 (2026).

Text

(A)Any term used in this section has the same meaning as in section122.85of the Revised Code.

(B)There is allowed a credit against a taxpayer's aggregate tax liability under section5747.02of the Revised Code for any individual who, on the last day of the individual's taxable year, is the certificate owner of a tax credit certificate issued under section122.85of the Revised Code. The credit shall be claimed for the taxable year that includes the date the certificate was issued by the director of development. The credit amount equals the amount stated in the certificate. The credit shall be claimed in the order required under section5747.98of the Revised Code. If the credit amount exceeds the aggregate amount of tax otherwise due under section5747.02of the Revised Code after deducting all

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(A) Any term used in this section has the same meaning as in section122.85of the Revised Code.

(B) There is allowed a credit against a taxpayer's aggregate tax liability under section5747.02of the Revised Code for any individual who, on the last day of the individual's taxable year, is the certificate owner of a tax credit certificate issued under section122.85of the Revised Code. The credit shall be claimed for the taxable year that includes the date the certificate was issued by the director of development. The credit amount equals the amount stated in the certificate. The credit shall be claimed in the order required under section5747.98of the Revised Code. If the credit amount exceeds the aggregate amount of tax otherwise due under section5747.02of the Revised Code after deducting all other credits in that order, the excess shall be refunded.

Nothing in this section limits or disallows pass-through treatment of the credit.