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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:

  • Feb 07, 2025

    Week in Review: Feb. 9, 2025

    A summary of Ohio's legislative news for the week ending Feb. 7, 2025.
  • Jan 24, 2025

    ODT hosts Ohio Virtual Tax Academy for Practitioners

    The Ohio Department of Taxation (ODT) hosted its Ohio Virtual Tax Academy (OVTA) on Jan. 15 with a focus on the tax practitioner community. Several resources were provided during the presentations that members may find valuable as we head into the 2025 tax filing season.
  • Jan 19, 2025

    Week in Review: Jan. 19, 2025

    The DeWine administration and defense technology company Anduril Industries announced Thursday the company had selected Pickaway County as the site for an advanced manufacturing facility that will bring over 4,000 new production and service jobs to the state by 2035.
  • Jan 17, 2025

    OSCPA Town Hall covers the political landscape for 2025

    Expect slim majorities and government funding to impact politics this year, said one expert from AICPA. 
  • Jan 17, 2025

    IRS, ODT announce Jan. 27 start to 2025 tax filing season

    The Internal Revenue Service and the Ohio Department of Taxation both recently announced that the 2025 tax season will start on Monday, Jan. 27, 2025, and will feature expanded and enhanced tools to help taxpayers as a result of their modernization efforts.