Complete Story
03/07/2025
Ohio’s Biennial Budget Process Begins
Here are key tax proposals to watch
Every two years, Ohio embarks on crafting a new state budget, and 2025 is no exception. Governor Mike DeWine initiated this process on Feb. 11 by introducing his proposed budget, House Bill 96 (H.B. 96), in the Ohio House of Representatives.
Over the coming months, the House will review, hold hearings and pass its version of the bill before the Ohio Senate takes up deliberations. With the new fiscal biennium beginning on July 1, lawmakers and the Governor are expected to finalize the budget before that deadline.
Beyond funding state agencies and programs, the biennial budget also includes important tax policy changes that impact revenue collection. DeWine’s proposal outlines several key tax measures.
Please select this link to read the complete article from OSAP Mission Partner Clark Schaefer Hackett (CSH).