Ohio Budget


Gov. John Kasich's 2017 biennial budget proposal was released Jan. 30.

It spells out major reforms to Ohio’s burdensome municipal income tax system and other types of state taxation, several of which were recommended last year by OSCPA’s Ohio Tax Reform Task Force. The group worked for more than a year developing recommendations after state leaders asked for guidance on how to make Ohio’s tax structure more competitive. OSCPA presented its recommendations to the Ohio Legislature in June, and Ohio Tax Commissioner Joe Testa met with the task force in September at OSCPA’s offices to learn more.

The budget contains provisions that will impact other Ohio taxes, education, economic development and more, including these ideas endorsed by OSCPA:

  • Elimination of the throwback rule used by a number of Ohio municipalities.
  • No increase in the Commercial Activity Tax rate for Ohio businesses.
  • Shrinking the number of income tax brackets from 9 to 5.
  • Also included were an income tax cut, a sales tax increase, and an expanded list of services to be taxed. 

The actual bill language will be revised significantly as the legislation progresses through the House and Senate, with a deadline for enactment of July 1, 2017.  Send your feedback to government@ohiocpa.com so we can find answers to your questions and make sure your insights are represented.

Latest budget news:

  • Jan 30, 2017

    Governor’s budget proposal tackles municipal income tax problems

    Governor John Kasich’s biennial budget proposal, released today, January 30, spells out major reforms to Ohio’s burdensome municipal income tax system and other types of state taxation, several of which were recommended last year by OSCPA’s Ohio Tax Reform Task Force.
  • Jan 19, 2017

    Proposed Ohio Budget expected at the end of the month

    While the eyes of the country have been on the presidential inauguration, at the state level the focus will increasingly be on the Governor’s office in anticipation of John Kasich’s biennial budget.
  • Sep 29, 2016

    Tax commissioner seeks CPA input

    Ohio Tax Commissioner Joe Testa and Deputy Commissioner Marjorie Kruse, CPA paid a visit to OSCPA’s Columbus office this week to get the CPA profession’s input on Ohio’s tax climate.
  • Dec 17, 2015

    Tax-extenders deal ‘eases uncertainty’

    Congressional leaders on Wednesday unveiled a wide-ranging deal on tax extenders, making some items permanent and extending others for multiple years.
  • Oct 29, 2015

    Small business tax problem avoided with passing of SB 208

    The Ohio House on Tuesday passed Senate Bill 208 by a vote of 84-6, fixing errors in the biennial budget bill that would have unnecessarily increased taxes for small businesses.