Ohio HB87 amends tax laws to provide incentives for conceived children and certain child care items.

Ohio HB87 amends sections 5739.02, 5747.01, and 5747.025 of the Revised Code to introduce tax incentives for conceived children and specific child care items. The bill exempts certain child care items from sales tax and provides personal exemptions for conceived children. It also repeals existing sections and adjusts personal exemption amounts annually based on the gross domestic product deflator. The act is named the Strategic Tax Opportunities for Raising Kids (STORK) Act.

Ohio HB87 amends tax laws to provide incentives for conceived children and certain child care items.

Ohio HB87 amends sections 5739.02, 5747.01, and 5747.025 of the Revised Code to introduce tax incentives for conceived children and specific child care items. The bill exempts certain child care items from sales tax and provides personal exemptions for conceived children. It also repeals existing sections and adjusts personal exemption amounts annually based on the gross domestic product deflator. The act is named the Strategic Tax Opportunities for Raising Kids (STORK) Act.