SB96

Ohio SB96 authorizes a tax credit for handgun training and firearms storage.

Ohio SB96 amends the Revised Code to create a nonrefundable tax credit for the cost of handgun training courses and the purchase of secure storage devices or locking devices for firearms. The credit for handgun training is limited to $250 per taxable year, while the credit for secure storage devices or locking devices is limited to the lesser of $250 or the purchase price of the device. The bill specifies the order in which credits must be claimed and allows for the carryforward of unused credits. The provisions apply to taxable years ending on or after the effective date of the act.