Ohio HB341 authorizes a tax credit for employers who provide insurance coverage for assisted reproduction.

Ohio HB341 introduces a tax credit for employers who offer insurance coverage for assisted reproduction. The credit amount varies based on the number of full-time equivalent employees, with a maximum of $500,000 for employers with 50 or more employees. Employers must provide a qualifying health insurance plan to all employees to qualify. The credit is nonrefundable and applies to taxable years ending on or after the effective date of the bill.

Ohio HB341 authorizes a tax credit for employers who provide insurance coverage for assisted reproduction.

Ohio HB341 introduces a tax credit for employers who offer insurance coverage for assisted reproduction. The credit amount varies based on the number of full-time equivalent employees, with a maximum of $500,000 for employers with 50 or more employees. Employers must provide a qualifying health insurance plan to all employees to qualify. The credit is nonrefundable and applies to taxable years ending on or after the effective date of the bill.