A municipal corporation shall grant a credit against its tax on income to a resident of the municipal corporation who works in a joint economic development zone created under R.C. § 715.691 or a joint economic development district created under R.C. §§ 715.70, 715.71 or 715.72 to the same extent that it grants a credit against its tax on income to its residents who are employed in another municipal corporation.
(R.C. § 718.16) (Prior Code, § 35.08.03)