Budget & Taxes (Business Taxes)

introduced · Ohio · House Jul 22, 2026

HB 981: Regards income tax levied in joint economic development district

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill enables local governments to levy income taxes within economic development districts, increasing revenue for fiscal management and funding.85% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives Tags Economic Development Local Government

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introduced · Ohio · Senate Jun 22, 2026

SB 460: Exempt from property tax fencing surrounding oil, gas well pads

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill provides tax relief by exempting specific fencing from property taxes, reducing compliance costs for energy projects.85% confidence ✓ EnergySupports EnergyBill reduces costs for oil and gas development by exempting fencing from property taxes, facilitating energy infrastructure projects.85% confidence

Sub-Topics Business Taxes Property Tax Tax Incentives Oil & Gas

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introduced · Ohio · Senate Jun 25, 2026

SB 462: Enact the Joining-Opportunities Business and Schools (JOBS) Act

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.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill enacts tax incentives for education partnerships, aligning with indicators for supporting taxation by providing tax relief to promote economic development and education.85% confidence ✓ EducationSupports EducationBill provides tax incentives for partnerships between higher education and private employers, aiming to strengthen economic ties and support educational institutions.75% confidence

Sub-Topics Business Taxes Tax Incentives Career & Technical Education Higher Education Tags Economic Development

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in committee · Ohio · House Jun 3, 2026

HB 957: Prohibit new data center sales tax exemptions from being granted

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.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill restricts state budget flexibility by prohibiting new tax exemptions, limiting fiscal tools for economic development.90% confidence ✗ EnergyOpposes EnergyBill restricts new data center sales tax exemptions, limiting infrastructure development and capital investment in energy-intensive facilities.85% confidence ✗ TechnologyOpposes TechnologyBill restricts technology infrastructure growth by prohibiting new tax exemptions for data centers, limiting expansion and investment.85% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives Tags Economic Development

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in committee · Ohio · House May 13, 2026

HB 844: Authorize tax credit for qualifying technology investments

To amend sections 107.036 and 5747.98 and to enact sections 122.863 and 5747.88 of the Revised Code to authorize an income tax credit for businesses that make qualifying technology investments.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill authorizes a tax credit for technology investments, providing tax relief to businesses and promoting economic development.90% confidence ✓ TechnologySupports TechnologyBill provides tax credits to incentivize technology investments, directly advancing the technology sector.90% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Tags Economic Development

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in committee · Ohio · House May 13, 2026

HB 850: Temporarily reduce motor fuel tax rates

HB 850 proposes to temporarily lower the state tax on gasoline and other motor fuels to help address rising fuel prices. Under this bill, the tax on each gallon of gasoline would be reduced to 19.25 cents, while taxes on compressed natural gas and other fuels would drop to 23.5 cents. The revenue collected during this period would still be distributed according to existing rules, but the specific dollar amounts allocated for certain purposes would be cut in half. The legislation includes an emergency declaration to make these changes take effect immediately.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill lowers motor fuel taxes to address rising prices, providing direct tax relief to consumers.85% confidence ✓ TransportationSupports TransportationBill lowers motor fuel taxes to reduce costs for drivers and address rising fuel prices, facilitating transportation use.85% confidence

Sub-Topics Business Taxes Transportation Funding

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in committee · Ohio · House Mar 18, 2026

HB 756: Expand research, development tax credit to apply to income tax

To amend sections 5747.98 and 5751.51 and to enact section 5747.88 of the Revised Code to expand a research and development tax credit to apply to the income tax.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands R&D tax credit to income tax, promoting economic development and providing tax relief for businesses investing in innovation.90% confidence

Sub-Topics Business Taxes Tax Credits Tax Incentives Tags Economic Development

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in committee · Ohio · Senate Mar 25, 2026

SB 374: Prohibit new data center sales tax exemptions

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.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill restricts new sales tax exemptions for data centers, limiting economic development incentives and reducing potential tax revenue flexibility.90% confidence ✗ EnergyOpposes EnergyBill restricts data center development by eliminating sales tax exemptions, which could limit energy infrastructure growth and increase costs for energy-intensive operations.75% confidence ✗ TechnologyOpposes TechnologyBill restricts data center development by eliminating tax exemptions, limiting infrastructure growth and potentially impacting internet access and digital infrastructure expansion.85% confidence

Sub-Topics Business Taxes Sales Tax Tax Incentives Tags Economic Development

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in committee · Ohio · House Feb 4, 2026

HB 642: Remove limit on certain tax net operating loss carry-forwards

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.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRemoves 5-year limit on municipal tax NOL carry-forwards, reducing municipal tax revenue and weakening fiscal management by limiting government tax base.90% confidence

Sub-Topics Business Taxes Income Tax

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in committee · Ohio · House Feb 4, 2026

HB 617: Enact the Ohio Capital Gains Tax Repeal Act

To amend sections 718.01 and 5747.01 and to repeal section 5747.79 of the Revised Code to exempt capital gains from state and municipal income taxation and to name this act the Ohio Capital Gains Tax Repeal Act.

Topics ✗ Budget & TaxesOpposes Budget & TaxesRepeals capital gains tax, reducing state tax revenue and weakening tax collection efforts under Budget & Taxes.95% confidence

Sub-Topics Business Taxes

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