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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 01, 2024

    ODT sent errant refunds; seeking money back

    ODT recently informed OSCPA that a small number of taxpayers received refunds or increases to credit carryforward amounts that should not have occurred.
  • Nov 01, 2024

    Remember to vote on Tuesday!

    If you haven’t cast your vote yet for the 2024 General Election, your last chance to do so is this Tuesday.
  • Oct 25, 2024

    Meet the candidates who will maintain stability, integrity and fairness on Ohio’s highest court

    Amid all the attention the election generates, it is important that voters not lose sight of a crucial decision facing Ohio voters this November—the election of Ohio Supreme Court justices.
  • Oct 25, 2024

    Week in Review: Oct. 27, 2024

    The Ohio Third Frontier announced Tuesday it had approved almost $6.5 million in grants to support research and commercialization of medical, military and scientific technology as part of the Technology Validation and Start-up Fund.
  • Oct 18, 2024

    OH|TAX eServices update coming in December

    This update will let taxpayers file more types of returns, including sales, public utility personal property, employer and school district withholding, adult use cannabis, public utility excise, and natural gas excise taxes.