HB 957 prevents the state from offering new sales tax exemptions for computer data centers, meaning future projects will not receive special breaks on taxes for purchasing or installing equipment. The bill defines specific criteria for what qualifies as a data center, including requirements for significant capital investment and job creation, but it stops the tax credit authority from granting these benefits to any new applicants. While the law allows existing agreements to remain in effect, it ensures that no future data center projects can secure tax-free status for their equipment purchases. This change directly affects technology companies and developers planning to build or expand data centers in the state after the bill takes effect.
This bill prohibits the state from granting new sales tax exemptions for computer data center equipment, affecting companies that wish to build or expand data centers in the state. Under current law, developers could apply for exemptions from sales taxes on equipment used in data centers if they met specific criteria, including making significant capital investments and paying substantial employee wages. The bill closes this pathway by preventing any new agreements from being approved after its enactment, though it does not affect existing exemptions already granted. The legislation defines what constitutes a data center and equipment, requiring that any future exemptions must demonstrate a positive economic impact on the state and local communities.
To amend sections 3794.03, 5739.02, and 5739.03 and to enact sections 3794.21, 3794.22, 3794.23, and 3794.24 of the Revised Code to regulate cigar bars and to exempt cigars smoked on the premises of a cigar bar from sales and use tax.
To amend section 5747.98 and to enact section 5747.87 of the Revised Code to authorize a nonrefundable income tax credit for small employers that cover their employees with an individual coverage health reimbursement arrangement.
To amend section 5747.98 and to enact section 5747.74 of the Revised Code to create an income tax credit for employers that provide a childbirth bonus and to name this act the Baby Bonus Act.
To amend sections 5733.40, 5747.01, and 5747.05 of the Revised Code to allow taxpayers to deduct in a single year the full bonus depreciation and enhanced expensing allowances the taxpayer deducts for federal income tax purposes.
SB 43 repeals the legal permission for Ohio counties to impose a special 3% lodging tax on hotel stays. This directly affects counties that previously had the authority to levy this tax, removing their ability to collect it for purposes like funding convention bureaus or public safety services. The bill eliminates the specific provision (Section 5739.09 of the Revised Code) that authorized the tax, ending the legal basis for counties to enact or maintain this tax without further legislative action.
To amend section 5739.21 and to enact section 122.97 of the Revised Code to create a music incubator program to provide sales tax rebates to certain music venues and festival promoters.
To amend sections 107.036 and 5747.98 and to enact sections 122.853 and 5747.68 of the Revised Code to temporarily authorize a refundable income tax credit for investing in a sound recording production company.
SB 89 would amend Ohio's income tax code to allow residents to deduct the cost of gym memberships and personal training sessions from their state taxable income. This change would directly affect Ohio taxpayers who pay for these fitness expenses, making them eligible for a tax reduction similar to existing deductions for medical expenses. The bill proposes adding these costs to the list of allowable itemized deductions under Ohio's tax code. It does not specify a dollar limit or eligibility requirements beyond the standard tax filing rules for deductions.
