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.
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