HB642Introduced in the House
Remove limit on certain tax net operating loss carry-forwards
IntroducedHouse Ways and Means
Introduced by Steve Demetriou, District 35
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
To amend sections 718.01, 718.81, and 718.84 of the Revised Code to remove a five-year limit on municipal income tax net operating loss carry-forwards.
Where it stands
Referred to committee: Ways and Means
February 4, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced
Referred to committee: Ways and Means
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