Chapter 122:13-3 Confidentiality

(A) All job training tax credit application information, particularly tax return and financial documents, is confidential and is not considered a public record subject to section 149.43 of the Revised Code. The director may use non-financial information not limited to the name of the applicant, number of eligible employees receiving training, total training costs and the amount of the credit granted in issuing public reports and press releases.

(B) As part of the application and certification process, the director may request source documentation verifying that the eligibility of the training activities undertaken, the final costs of each eligible training activity, and the basis of determination for all eligible employees meet the requirements of the job training tax credit program. At the request of the director, this information may be forwarded to the agency or made available at the taxpayer’s location within a reasonable time period not to exceed fourteen calendar days after the written request. This audit and compliance review authority begins at the time an application is filed and continues for three years after the training tax credit certificate is issued.

(C) Beginning in 2001, the director shall compile a report of the activities of the job training tax credit program for the governor, the president of the senate and the speaker of the house. This report is to be submitted by September thirtieth for each of the four years of job training tax credit authority. In addition to the details of each job training tax credit, the report shall include an estimate of the impact of the credits on Ohio’s economy. The analysis of impact shall consider the potential benefits and lost economic value for eligible employees whose skill deficiencies were expected to result in loss of employment.

(D) Each approved applicant must file an annual report with the director for the three-year period following the completion of the eligible training program. This report will be in a format designated by the director and provide information current through December thirty-first of the calendar year. The report will be due on March thirty-first of the following calendar year. The report will specify whether the eligible employees receiving training have maintained employment with the company and to what extent the taxpayer has used the credit.

HISTORY: Eff 12-30-99 (Emer.); 10-6-00

Rule promulgated under: RC 119.03

Rule authorized by: RC 5733.42(F)

Rule amplifies: RC 5733.42

RC 119.032 Review Dates: October 6, 2005