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HB69Introduced in the House

Regards taxpayer deduction for depreciation, enhanced expensing

IntroducedHouse Ways and Means

Introduced by Bob Peterson, District 91

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 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.

Where it stands

Referred to committee: Ways and Means

February 12, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Introduced

  2. Referred to committee: Ways and Means

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