Ohio law requires political committees to report the name, mailing address, and name of employer for each individual whose contributions aggregate in excess of $100 in a calendar year. Ohio Law limits contributions to $12,532.34 per donor per election cycle. Corporate contributions are prohibited by law. Not a charitable contribution for federal income tax purposes.
Contributions or gifts to Dave Yost for Ohio are not tax deductible. Corporate contributions are prohibited. Partnerships, LLCs and other unincorporated entities may contribute, but must include the name of an owner to whom to attribute the contribution. Ohio law requires that all contributors must provide their name and address regardless of the amount of the contribution and the name of their employer if the contribution is for more than $100. If the contributor is self employed, the business name and occupation of the contributor must be provided. Ohio law in general prohibits the award of state contracts to individuals and businesses if contributions from owners of the contracting entity or their spouses or an affiliated PAC have exceeded certain limits during the 24 months prior to the award of the contract. The law also limits contributions after the award of a contract.
The State of Ohio allows you to support state candidates while also providing you with a tax credit. The Ohio Political Contributions tax credit (Line 52 on your Ohio IT-1040) allows residents to take a dollar for dollar tax credit, up to $100 for joint filers and $50 for individuals, for contributions made to candidates running for State office. If you file jointly and send $100 to Dave Yost for Ohio, you can reduce the tax you pay to the State of Ohio by $100!