Remove limit on certain tax net operating loss carry-forwards
Summary
To amend sections 718.01, 718.81, and 718.84 of the Revised Code to remove a five-year limit on municipal income tax net operating loss carry-forwards.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 12, 2026
Last action Feb 4, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 4, 2026
Committee
Referred to committee
lower
Jan 12, 2026
Introduced
Introduced
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Steve Demetriou
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 642
Scope: OH
Hi! I can help you understand HB 642. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline