2025-2026 Regular SessionOhio Legislature

HB69: Regards taxpayer deduction for depreciation, enhanced expensing

Legislative Summary

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.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

Unlock Full Demographic Insights

Go beyond the overall score.

Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.

Enable full analysis features for your organization.

Contact Sales to Learn More

Or email us directly at sales@legiequity.us.

Bill History

2/10/2025
Introduced
House of Representatives
2/12/2025
Referred to committee: Ways and Means
House of Representatives

Status Information

Current Status
Introduced(2/10/2025)
Chamber
House of Representatives
Committee
Ways and Means(House of Representatives)

Sponsors

Republican: 2

Primary Sponsor

Bob Peterson
Bob Peterson
Republican

Documents

Introduced
Bill Text1/1/1970310.4 KB
Analysis
Analysis1/1/1970186.5 KB