If you’re one of the hundreds of Ohio employers that capitalized on job-creating state tax incentives a few years ago, expect to hear from state authorities shortly.
Attorney General Richard Cordray has an assignment for you: Prove Ohio’s subsidy paid off in actual jobs.
Organizations that took state money in exchange for promises to create jobs in 2004 and 2005 will receive a letter from the state directing them to complete a 60-page online questionnaire on how the incentives led to more hiring.
It’s a timed test. Employers have 30 days to submit their answers.
If employers have not lived up to their job creation promises, it could spell trouble. The attorney general can pursue recovery of money deemed to have been received fraudulently.
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