Budget & Taxes

To amend sections 5747.08 and 5747.98 and to enact section 5747.88 of the Revised Code to authorize a nonrefundable income tax credit for dog registration fees.

To amend sections 3701.021, 3701.023, 3701.025, 3701.027, and 3701.029 and to repeal section 3701.024 of the Revised Code to eliminate county contributions to the Program for Medically Handicapped Children and to make an appropriation.

HB 977 proposes to exempt the sale of aircraft to nonresidents from Ohio's sales tax. Currently, the state imposes a 5.75% tax on retail sales of aircraft, but this bill would create a specific exception for transactions where the buyer does not reside in Ohio. The legislation amends existing state tax codes to remove this particular charge while leaving other sales tax rules for aircraft and general retail items unchanged. This change would directly affect aircraft dealers and private buyers who are purchasing planes for use outside of the state.

To amend sections 5747.98 and 5751.98 and to enact sections 5747.053 and 5751.55 of the Revised Code to authorize a refundable tax credit for compensation paid to skilled trades instructors.

HB 981 amends state laws to allow local governments to create joint economic development districts where they can levy income taxes on businesses and employees operating within those areas. The bill defines specific rules for forming these districts, such as requiring the participating areas to be geographically connected and ensuring that no residents live inside the district boundaries. It also establishes how different local governments can share costs and revenue generated from these taxes to fund improvements and services. Additionally, the legislation clarifies which types of entities and individuals are considered businesses or owners for tax purposes and sets standards for what counts as mixed-use development.

To enact section 9.71 of the Revised Code to disallow companies associated with certain foreign countries from receiving state or local economic incentives and to name this act the Ohio Business Investment Act.

To amend sections 3313.669, 3314.03, 3326.11, and 5502.263 and to enact section 5502.264 of the Revised Code regarding threat assessment teams and model behavioral threat assessment plans and to make an appropriation.

To amend sections 151.01, 151.08, 164.03, 164.08, 3318.042, 3318.49, 3343.05, 5751.02, and 5751.20 and to enact sections 3318.33 and 3343.11 of the Revised Code and to amend Sections 357.09, 357.15, 357.16, 357.24, 357.28, 357.34, 357.36, 371.10, 371.20, 373.10, 373.15, 387.10, and 387.13 of H.B. 730 of the 136th General Assembly and Section 200.30 of H.B. 2 of the 135th General Assembly as subsequently amended to make capital appropriations for the biennium ending June 30, 2028, and to declare an emergency.

SB 460 proposes to exempt required fencing around oil and gas well pads from property taxes. This change directly affects landowners and operators who must install specific fencing as part of drilling permits. The bill creates a new tax exemption section that applies to tax years ending on or after the law takes effect. By removing the tax burden on this specific fencing, the legislation aims to reduce costs associated with compliance for energy development projects.

To amend section 5751.98 and to enact sections 3333.46 and 5751.55 of the Revised Code to enact the Joining-Opportunities Business and Schools (JOBS) Act to authorize and offer tax incentives for qualified education partnerships between institutions of higher education and private employers.