States / Ohio / HB 69

HB 69 In Committee

Regards taxpayer deduction for depreciation, enhanced expensing

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

To amend sections 5733.40, 5747.01, and 5747.05 of the Revised Code to allow taxpayers to deduct in a single year the full bonus depreciation and enhanced expensing allowances the taxpayer deducts for federal income tax purposes.

Chamber
House
Introduced
Feb 10, 2025
Last action
Feb 12, 2025 — Referred to committee
Session
136
Momentum
29 · Low