(A) A nonrefundable initial application fee of one hundred dollars shall accompany each application requesting a job training tax credit. The fee shall be made payable to the "State of Ohio - job training tax credit program."
Should an application not be approved, the director may in his discretion make a determination that the taxpayer should not assume the cost of review. If such a determination is made, the application fee shall be returned to the taxpayer.
(B) Upon receipt and confirmation of the information included in verification of eligible costs form, the director shall inform the taxpayer in writing of the amount to be issued on the job training tax credit certificate. Within thirty days, the taxpayer shall remit to the director a final application fee of one per cent of the credit amount, the maximum fee being one thousand dollars and the minimum fee being one hundred dollars. The fee shall be made payable to the "State of Ohio - job training tax credit program."
Applicants with an aggregate total of forty employees or less at all of its operations are not subject to the one per cent final application fee.
Should the fee not be received within the specified timeframe, the director shall notify the tax commissioner in writing to disallow any claim of the job training tax credit. The director shall inform the taxpayer that the job training tax credit certificate has been voided.