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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:

  • Jan 10, 2025

    Joint property tax study committee issues 21 recommendations in final report

    The Joint Committee on Property Tax Review and Reform on Jan. 2 released its final report after spending the past year studying Ohio’s property tax system over eight hearings and receiving testimony from 60 witnesses, issuing 21 recommendations while acknowledging some proposals may contradict others.
  • Jan 10, 2025

    Sales tax holiday transfer skews December revenues

    December tax collections either lagged or exceeded targets by big margins, depending on whether a transfer related to last year’s expanded sales tax holiday is factored into the totals, but normal revenue streams were generally on target.
  • Jan 10, 2025

    Politicos on the Move: Jan. 12, 2025

    U.S. Rep. Max Miller, a Rocky River Republican, was appointed to the House Ways and Means Committee’s subcommittees on Oversight, and Work and Welfare
  • Jan 10, 2025

    Week in Review: Jan. 12, 2025

    The Ohio Department of Transportation is asking for a nearly $1.5 billion increase in its proposed budget request for FY26-27, with a continued focus on safety for the upcoming biennium.
  • Jan 09, 2025

    DeWine signs CPA Pathways legislation

    Ohio Governor Mike DeWine signed House Bill 238 into law on Jan. 8, which includes OSCPA-backed legislation that will position Ohio as a national leader in addressing the dire CPA shortage.