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Ohio Budget


The House on April 21 passed its version of Ohio's biennial budget, wrapping in the school funding plan from House Bill 1 and including a 2% across-the-board income tax cut, which would put more than $300 million back in taxpayers’ pockets. The Ohio Senate has already begun its own hearings on the legislation.

The budget – House Bill 110 – also appropriates $155 million in COVID-19 relief for small businesses and adds more oversight of the executive branch, including the creation of a Joint Legislative Oversight and Review Committee of Federal COVID Relief Aid and the referral of more spending initiatives by state agencies to the Controlling Board for approval. Here is a complete breakdown from the Ohio Legislative Service Commission.

If you have questions about the provisions in the Ohio Budget, contact OSCPA's Government Relations team.

Latest budget news:

  • Nov 03, 2023

    OSCPA urges DOL to withdraw proposed overtime changes

    OSCPA has signed a letter asking U.S. Senate and House members to urge the Department of Labor to withdraw its proposed changes to the regulations governing the “white collar” employee exemptions to federal overtime pay requirements under the Fair Labor Standards Act.
  • Nov 03, 2023

    Two OSCPA members appointed to the Accountancy Board

    Gov. Mike DeWine has appointed two OSCPA members to the Accountancy Board who also previously sat on OSCPA’s Board of Directors.
  • Nov 03, 2023

    Week in Review: Nov. 5, 2023

    Gov. Mike DeWine's administration announced Monday the approval of assistance for three projects expected to create 2,247 new jobs and retain 63 jobs statewide.
  • Oct 27, 2023

    Reminder: Changes are coming soon to Ohio's Commercial Activity Tax

    As a result of the recent passage of Am. Sub. H.B. 33 of the 135th Ohio General Assembly, beginning in 2024, businesses with taxable gross receipts of $3 million or less and, for tax periods beginning in 2025 and thereafter, businesses with taxable gross receipts of $6 million or less will no longer be subject to the CAT.
  • Oct 27, 2023

    Don’t forget to vote in Nov. 7 election

    With the Nov. 7 election getting closer, you have the chance to still vote early or submit an absentee ballot.