Ohio bill would provide tax break to address ‘driver shortage’

A bill in the Ohio Senate would address a proclaimed “driver shortage” in the trucking industry. The Senate Ways and Means Committee recently held the first hearing on a bill to aid motor carriers wanting to bring more drivers into the industry. Specifically, HB222 would provide a tax credit to motor carriers for eligible training expenses for prospective drivers. The bill would cap the tax credit at $3 million annually with the amount allotted to a single employer set at $25,000.