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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:

  • Jul 12, 2024

    Week in Review: July 14, 2024

    The Ohio Department of Transportation and DriveOhio recently announced the opening of two new vehicle charging stations built using federal funds through the National Electric Vehicle Infrastructure program.
  • Jul 09, 2024

    Attention farmers and fishers: Hold those School District Income Tax Notices

    Several members recently reached out to OSCPA concerning SDIT 2210 penalty and interest notices received by their farming and fishing clients and OSCPA secured guidance for impacted taxpayers and their CPAs.
  • Jun 28, 2024

    Legislature sends capital bill to governor

    Referred to as perhaps the largest capital budget in Ohio history, the Senate passed and the House agreed to amended House Bill 2 (Cutrona-Upchurch) June 26, sending the bill to Gov. Mike DeWine.
  • Jun 28, 2024

    Politicos on the Move: Tex Fischer replaces Cutrona in House

    The Ohio House voted June 26 to appoint political consultant Tex Fischer to the House District 58 seat being vacated by Rep. Al Cutrona (R-Canfield).
  • Jun 28, 2024

    Week in Review: June 30, 2024

    Gov. Mike DeWine's administration announced June 24 the approval of assistance for nine projects expected to create 707 new jobs and retain 1,614 jobs statewide.