Showing 31–36 of 36
bills
All budget & taxes bills
HB 30 would replace Ohio's current progressive income tax structure with a single flat tax rate of 2.75% over two years. It directly affects all Ohio residents and businesses earning income in the state, including individuals, trusts, and estates. The bill eliminates current tax brackets (like the $26,050 threshold for lower rates) and sets a uniform 2.75% tax on all taxable income, regardless of earnings level. This change aims to simplify tax filing and provide uniformity, though it would reduce tax revenue for the state compared to the current system. The bill is currently in early stages (introduced February 2025) and has not yet been voted on.
To amend section 5747.98 and to enact section 5747.87 of the Revised Code to authorize an income tax credit for employers that subsidize employee insurance coverage for assisted reproduction.
SB 3 would replace Ohio's current progressive income tax system with a flat 2.75% rate over two years. It directly affects all Ohio residents and businesses earning income in the state, including individuals, trusts, and estates. The bill eliminates the current tax brackets (which tax higher incomes at increasingly higher rates) and sets a single tax rate of 2.75% on taxable income. This change aims to simplify the tax code and provide uniform tax relief for all income levels, though the bill does not alter the current tax base or exemptions.
To amend section 5747.01 of the Revised Code to allow a personal income tax deduction for certain donations to churches and to name this act the Tithing Protection Act.
To amend sections 5747.08 and 5747.98 and to enact section 5747.87 of the Revised Code to authorize a nonrefundable income tax credit for having a dog spayed or neutered or for completing a dog training course.
To amend section 718.04 and to enact section 718.041 of the Revised Code to require voter approval to modify a municipal income tax reciprocity credit and to allow a voter initiative to authorize, modify, or repeal such a credit.