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HB 617·OH·house

Enact the Ohio Capital Gains Tax Repeal Act

In CommitteeFiled Dec 1, 2025
Sponsor: Tom Young
Latest Action

Refer to Committee

Feb 4, 2026

Legislative status

  1. Introduced
  2. In Committee
  3. Reported by Committee
  4. Floor Vote Scheduled
  5. Passed One Chamber
  6. Passed Both Chambers
  7. Sent to Executive
  8. Signed into Law

Summary

The bill removes the capital‑gains tax that Ohio residents and municipalities currently levy, redefining related income categories and adjusting deductions. It affects individuals, trusts, pass‑through entities and local governments that previously collected the tax. A fiscal impact report must be prepared to assess revenue effects.

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History

  1. Referred to committee
  2. Introduced

Sponsors

  • Tom Young · sponsor

Bill text

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