To amend sections 5107.05, 5107.10, and 5107.20 of the Revised Code regarding the pass-through of support payments under the Ohio Works First program.
To amend sections 122.15, 122.151, 122.152, 122.153, 122.154, 122.155, 5725.98, and 5729.98 of the Revised Code to modify the availability of and eligibility for tax credits awarded under the rural business growth program.
To amend sections 5733.40, 5747.01, and 5747.05 of the Revised Code to allow taxpayers to deduct in a single year the full bonus depreciation and enhanced expensing allowances the taxpayer deducts for federal income tax purposes.
SB 325 amends Ohio's tax code to allow contractors to exclude payments made to subcontractors from the Commercial Activity Tax (CAT). This change directly affects contractors who hire subcontractors for construction or similar projects, as it removes those specific payments from the tax base. The bill modifies section 5751.01 of the Revised Code to create this exclusion, meaning contractors would no longer pay CAT on amounts paid to subcontractors. This is a technical adjustment to the tax calculation, not a new tax or benefit.
To amend sections 351.01, 351.021, 353.06, 5739.01, 5739.08, 5739.09, 5739.091, and 5741.01 of the Revised Code to extend sales and use taxes and local lodging taxes to short-term rentals and to require collection of those taxes by short-term rental platforms.
HCR 8 is a non-binding resolution urging the U.S. Congress to permanently extend the tax provisions from the 2017 Tax Cuts and Jobs Act. It does not change tax law itself but formally requests federal lawmakers to make the 2017 tax cuts permanent. The resolution directly affects the state legislature's position and its representatives who may advocate for this stance with federal officials. It has no legal effect on current tax rates or policy.
To amend sections 128.35, 128.37, 128.38, 306.70, 307.697, 322.02, 345.02, 353.06, 511.07, 715.691, 715.70, 715.71, 715.72, 718.04, 718.09, 718.10, 757.02, 3318.06, 4301.421, 4504.02, 4504.15, 4504.21, 5739.021, 5739.026, 5739.09, 5743.021, 5743.024, 5743.026, 5748.021, 5748.03, 5748.08, and 5748.09 and to enact section 5705.17 of the Revised Code to increase the approval threshold required for passage of local taxes subject to voter approval.
SB 89 would amend Ohio's income tax code to allow residents to deduct the cost of gym memberships and personal training sessions from their state taxable income. This change would directly affect Ohio taxpayers who pay for these fitness expenses, making them eligible for a tax reduction similar to existing deductions for medical expenses. The bill proposes adding these costs to the list of allowable itemized deductions under Ohio's tax code. It does not specify a dollar limit or eligibility requirements beyond the standard tax filing rules for deductions.
SB 116 reduces the tangible personal property tax rate for pipeline companies in Ohio from 88% to 25% of true value. This directly affects pipeline companies operating in Ohio, lowering their property tax burden on taxable assets like pipelines and related equipment. The bill amends Revised Code section 5727.111 to implement this rate change for all pipeline company property first taxed in Ohio after the effective date. The key provision is the uniform 25% tax rate, replacing the previous 88% rate for this specific industry.
HB 209 would remove income taxes on tips earned by workers at restaurants, bars, and similar service businesses. Currently, tips are counted as taxable income for state, city, and school district taxes. The bill changes the law so tips are excluded from taxable income calculations under these tax systems. This means tipped employees would pay less tax on their tip earnings.
