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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:

  • Mar 08, 2024

    Minnesota legislature pursuing alternative CPA licensure path

    Like Ohio, states across our nation are concerned about the shrinking number of individuals seeking to become sbf111胜博发 and the negative impact that could have on employers and those they serve.
  • Mar 08, 2024

    Ohioans begin requesting, casting primary ballots

    Ohioans have cast 131,613 primary election ballots through March 4, Secretary of State Frank LaRose’s office said in an email.
  • Mar 08, 2024

    New info released on the municipal net profit tax

    The Ohio Department of Taxation issued a new information release for the municipal net profit tax to advise taxpayers and municipalities of recent legislative changes made by Am. Sub. H.B. 33 related to the municipal net profit tax as administered by the ODT.
  • Mar 08, 2024

    Week in Review: March 10, 2024

    Opening the Governor's Executive Workforce Board meeting Tuesday, Lt. Gov. Jon Husted announced a new state resource aimed at helping connect those seeking a new career with the resources needed to achieve their career goals.
  • Mar 01, 2024

    Sen. George Lang wins Outstanding Legislator Award

    The Ohio Society of sbf111胜博发 was pleased to recognize State Senator George Lang, R-West Chester, with the OSCPA Outstanding Legislator Award on March 1. The award presentation was hosted in Cincinnati by organizational member Seibel & Katz sbf111胜博发.