Ohio § 5747.26
Full text of Ohio Ohio Revised Code § 5747.26, with citation guidance and answers to common questions.
§ 5747.26.
(A) Terms used in this section have the same meanings as in section 3742.50 of the Revised Code . (B) There is hereby allowed a nonrefundable credit against a taxpayer's aggregate tax
liability under section 5747.02 of the Revised Code for a taxpayer to whom a lead abatement tax credit certificate was issued under section 3742.50 of the Revised Code . The credit equals the amount listed on the certificate and shall be claimed for
the taxable year in which the certificate was issued. The credit shall be claimed in the order required under section 5747.98 of the Revised Code . If the credit exceeds the taxpayer's aggregate tax due under section 5747.02 of the Revised Code for that taxable year after allowing for credits that precede the credit under this
section in that order, such excess shall be allowed as a credit in each of the ensuing
seven taxable years, but the amount of any excess credit allowed in any such taxable
year shall be deducted from the balance carried forward to the ensuing taxable year. (C) The taxpayer shall provide, upon request of the tax commissioner, any documentation
necessary to verify the taxpayer is entitled to the credit under this section.
Frequently Asked Questions About Ohio § 5747.26
What does Ohio Revised Code § 5747.26 cover?
Section 5747.26 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 5747.26?
A common citation format is "Ohio Revised Code § 5747.26" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 5747.26 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.