Screen Shot 2019-12-10 at 9.52.32 AM

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 05, 2022

    Guidance update on SALT & BID bills

    On Friday evening, the Ohio Department of Taxation released an initial round of guidance on the SALT deduction cap parity. Also, ODT recently presented at a conference where they provided further details on both the SALT and BID bills.
  • Jul 29, 2022

    Week in Review: July 31, 2022

    The Ohio Third Frontier Commission approved $82.32 million in funds to six regional partners to support entrepreneurs' efforts to "develop innovative products and grow technology startup companies."
  • Jul 29, 2022

    Don't miss Aug. 2 primary this week

    OSPCA is encouraging people to take advantage of their constitutional right to vote by participating in the upcoming primary election on Aug. 2.
  • Jul 29, 2022

    OSCPA to file amicus brief for 2020 municipal income tax refunds

    OSCPA plans to file an amicus brief on Aug. 15 to support taxpayers in their efforts to obtain 2020 refunds based on the Society's position that taxing persons who neither work nor live in a jurisdiction is unconstitutional.
  • Jun 17, 2022

    Week in Review: June 19, 2022

    Gov. Mike DeWine signed the $3.5 billion capital budget bill on Tuesday, telling reporters it's unlike any capital budget he's aware of in Ohio history.