Tax Credits Available for Commercial Driver Training in Ohio
COLUMBUS, Ohio – Applications are now open for the second round of tax credits aimed at lessening the financial burden on companies offering training for commercial drivers.
The Commercial Driver’s License Training Program gives employers the opportunity to upskill current and future employees in the high-demand industry.
“Ohio has a long-standing reputation as the heart of manufacturing, and commercial drivers play an essential role in the supply chain,” said Lydia Mihalik, director of the Department of Development. “Through this tax credit, we’re ensuring that employers have the skilled workforce they need to keep distribution running smoothly while helping to keep their costs down.”
Employers of all sizes and industries registered to do business in Ohio and who employ Ohio resident W-2 employees are eligible to apply. Employers can earn tax credits for half of approved training costs, up to $25,000 in tax credits.
The tax credit applies to the credentialing of both current and prospective employees. Eligible training can be conducted by external training providers on the Ohio-approved CDL course provider list or internal qualified training instructors. Credentials must be for Class A or Class B state-issued CDLs and endorsements.
The current application round closes Dec. 1. Applications are reviewed and awarded on a first come, first served basis. Employers can apply HERE.
Published by The Business Journal, Youngstown, Ohio.