(B) There is allowed a refundable credit against the tax imposed by section 5751.02 of the Revised Code for any person that is the certificate owner of a tax credit certificate issued under section 122.85 of the Revised Code. The credit shall be claimed for the tax period in which the certificate is issued by the director of development services. The credit amount equals the amount stated in the certificate. The credit shall be claimed in the order required under section 5751.98 of the Revised Code. If the credit amount exceeds the tax otherwise due under section 5751.02 of the Revised Code after deducting all other credits in that order, the excess shall be refunded.
(C) Nothing in this section allows a person to claim more than one credit per tax credit-eligible production.
Cite as R.C. § 5751.54
History. Added by 129th General AssemblyFile No.186, HB 510, §1, eff. 3/27/2013.