Bill > SB9

This bill updates Ohio law to align with recent changes in the federal Internal Revenue Code (IRC), which is the body of federal tax law in the United States. Specifically, it amends sections of Ohio's Revised Code that define terms and rules for state income tax purposes, ensuring that references to the IRC are current. The primary change is to update the date used to determine which version of the IRC is incorporated into Ohio law from March 15, 2023, to March 7, 2025. This means that any tax provisions in the federal IRC enacted or amended between those two dates will now be recognized and applied for Ohio income tax calculations, unless specifically excluded. The bill also repeals the existing versions of these sections, effectively replacing them with the updated language.

Budget and Finance

https://www.legislature.ohio.gov/legislation/136/sb9