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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:

  • Aug 07, 2025

    Sign up now: In-person OH|TAX testing for CPAs – Sept. 9 or 11

    The Ohio Department of Taxation's next updates to the OH|TAX e-Services platform are set to launch in November 2025. The updates expand the functionality to include additional tax types and enhanced user features. Members can sign up for a test session.
  • Aug 07, 2025

    IRS update: August 2025

    Check out the latest information from the IRS: Hot topics, scams and security alerts, outreach, resources and more.
  • Aug 01, 2025

    Ohio Property Tax Workgroup launches, schedules closed-door meeting

    Gov. DeWine’s property tax workgroup began its work July 24 with an in-person, open meeting. The next one is a closed-door, virtual meeting on Wednesday, Aug. 6. DeWine said the vetoed measures posed too great a financial burden on schools when combined.
  • Aug 01, 2025

    New IRS Commissioner aims to modernize agency amid major tax changes

    New IRS Commissioner Billy Long, a former Missouri congressman and auctioneer rather than a tax specialist, brings an unconventional perspective to the agency at a time of staffing cuts and the rollout of the expansive One Big Beautiful Bill Act.
  • Aug 01, 2025

    Politicos on the Move: Aug. 1, 2025

    Senate President Pro Tempore Bill Reineke (R-Tiffin) and Senate Finance Chairman Jerry Cirino (R-Kirkland) have both announced they intend to seek the Senate presidency for Ohio's 137th General Assembly.