Bill

Bill > HB503


OH HB503

OH HB503
Regards voter approval of municipal income tax reciprocity credit


summary

Introduced
10/07/2025
In Committee
02/18/2026
Crossed Over
02/25/2026
Passed
Dead

Introduced Session

136th General Assembly

Bill Summary

To amend section 718.04 and to enact section 718.041 of the Revised Code to require voter approval to reduce or repeal a municipal income tax reciprocity credit, to allow a voter initiative to enact or increase such a credit, and to require the Department of Taxation to conduct a study of municipal income taxation.

AI Summary

This bill requires voter approval for any reduction or repeal of a municipal income tax reciprocity credit, which is a credit allowed to residents for taxes paid to another municipality. It also allows voters to initiate a process to enact or increase such a credit through a petition. Additionally, the bill mandates that the Department of Taxation conduct a study on municipal income taxation, including its impact on taxpayers and potential reforms, and report its findings to the General Assembly by December 31, 2026.

Committee Categories

Budget and Finance

Sponsors (20)

Last Action

Introduced (on 02/26/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...