Rep. Newman Applauds Passage of Senate Bill 9 Through Ohio Hosue

State Representative Johnathan Newman (R-Troy) today announced that the Ohio House of Representatives passed Senate Bill 9, legislation conforming Ohio’s tax code to Federal tax changes following passage of the “One, Big, Beautiful Bill Act” in July. 

Senate Bill 9 provides $90 million in tax cuts for taxpayers and businesses over the next two years. Swift action on the bill, as included through the emergency clause approved wednesday, ensures these changes take effect before the tax filing deadline, making it easier for Ohioans to comply this year. 

“I’m proud that the Ohio House was able to pass this important piece of legislation,” said Rep. Newman. “Conforming with Federal tax changes ensures that Ohioans can take advantage of the cost-saving provisions included in President Trump’s ‘One, Big, Beautiful’ bill when they file their taxes – and the emergency clause we passed, ensures that savings can begin this tax season.” 

Provisions that Impact Ohio Taxpayers: 

• Makes permanent that rollovers from a 529 college savings account to an ABLE account are tax-free. 
• Creates a new federal tax credit for charitable cash donations to scholarship-granting organizations, investing in Ohio students. 
• Expands 529 plans to cover primary and secondary school tuition, supporting students of all ages. 
• Allows 529 plans to be used for postsecondary job training and credentialing programs, strengthening Ohio’s workforce. 
• Makes the Paid Family and Medical Leave Credit permanent, supporting working families and increasing healthcare accessibility.
• Increases the amount an individual can claim for the Child and Dependent Care Tax Credit from 35% to 50% of eligible expenses, tiered based on taxpayer income, to better support working families. 
• Allows a full deduction or a nonrefundable credit of domestic research and experimental expenses, promoting innovation and advancement. 
• Increases the amount and expands the types of depreciable property eligible for tax adjustment, supporting one of Ohio’s top industries - manufacturing. 
• Increases the capital gains exemption for quailed small business stock options and expands which business stock qualifies, helping Ohioans save for retirement and supporting small start-ups. 

“Passing this measure of conformity to federal tax reforms for Ohioans means you will pay lower income tax keeping more of your money at home to provide for your family,” said Newman.

Senate Bill 9 now goes back to the Senate for a concurrence vote.