To amend sections 319.202, 319.302, 323.155, 323.158, 4503.0610, and 5323.02 and to enact sections 323.21 and 323.22 of the Revised Code to allow eligible homeowners to defer the payment of a portion of their property taxes.
HB 40 increases the homestead property tax exemption for disabled veterans and their surviving spouses in Ohio. It raises the exemption value from $25,000 to $100,000 for veterans with income under $125,000 (adjusted annually), and to $50,000 for those over $125,000. The bill also expands the exemption to surviving spouses of disabled veterans (and public service officers killed in duty) who meet income limits, with annual adjustments tied to the GDP deflator. This change replaces existing exemptions under related tax sections and applies to only one homestead per eligible person.
To amend sections 107.036 and 5747.98 and to enact sections 122.853 and 5747.68 of the Revised Code to temporarily authorize a refundable income tax credit for investing in a sound recording production company.
HB 120 exempts the sale of firearm safety devices (such as trigger locks or gun safes) from Ohio's sales and use tax. This change directly affects consumers purchasing these devices and retailers selling them, removing the tax obligation on these specific products. The bill amends Ohio Revised Code sections 5739.01-5739.17 to create this tax exemption, making it a concrete policy change for firearm safety device transactions. The legislation does not alter tax treatment for other firearm-related items or general sales.
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.
HB 39 would amend Ohio's tax code (section 5747.01) to allow taxpayers to deduct overtime wages from their state taxable income, similar to regular wages. This change would directly affect Ohio residents who earn overtime pay, such as hourly workers, by reducing their taxable income for state income tax purposes. The bill modifies existing tax provisions to explicitly include overtime wages under the deduction for "wages and salaries" previously only applied to base pay. It does not change tax rates or create new credits, but expands the scope of deductible income under current Ohio tax law. The bill is currently pending in committee after introduction on February 3, 2025.
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.
HB 286 seeks to restrict how tax revenue generated from any legal internet gaming within the state may be used. This bill would establish specific limitations on the permissible purposes for these funds, narrowing the range of state programs or initiatives that could receive this revenue. It directly affects state budgeting and the allocation of funds derived from internet gaming taxes.
SB 26 creates the Joint Law Enforcement Oversight Committee (JLEOC) to evaluate Ohio's training standards and programs for all peace officers. The committee, composed of six bipartisan members (three from the Senate and three from the House), will review existing training requirements, recommend improvements to statutes or rules, and assess related legislation. JLEOC may subpoena witnesses, hold public hearings, and employ technical staff to assist its work. This bill directly affects peace officer training oversight by establishing a formal legislative body to monitor and evaluate current standards.