SB 43 repeals the legal permission for Ohio counties to impose a special 3% lodging tax on hotel stays. This directly affects counties that previously had the authority to levy this tax, removing their ability to collect it for purposes like funding convention bureaus or public safety services. The bill eliminates the specific provision (Section 5739.09 of the Revised Code) that authorized the tax, ending the legal basis for counties to enact or maintain this tax without further legislative action.
To amend section 5739.21 and to enact section 122.97 of the Revised Code to create a music incubator program to provide sales tax rebates to certain music venues and festival promoters.
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.
SB 307 amends Ohio law to permit local governments to use tax increment financing (TIF) for constructing or renovating police and firefighting facilities. This change directly affects cities and counties seeking to fund public safety infrastructure, as it allows them to leverage future increases in property tax revenue from a designated area to cover project costs. The key mechanism involves designating a specific geographic zone where new tax revenue generated by development (beyond pre-project levels) is redirected to pay for the facility construction. This expands existing TIF rules, which previously excluded public safety facilities, enabling these projects to be financed through a tool commonly used for economic development.
To amend sections 5747.08 and 5747.98 and to enact section 5747.87 of the Revised Code to authorize a refundable income tax credit or rebate for homeowners and renters whose property taxes or a portion of their rent exceed five per cent of their income and to name this act the Property Tax Refund Act.
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.
