Ohio SB9 incorporates Internal Revenue Code changes into Ohio law to avoid increased compliance costs for taxpayers.

Ohio SB9 amends the state's Revised Code to incorporate recent changes in the Internal Revenue Code into Ohio law. This bill allows taxpayers to make an irrevocable election to apply federal tax provisions for their 2024 tax returns, preventing increased compliance costs. The bill repeals existing section 5701.11 of the Revised Code and declares itself an emergency measure necessary for the immediate preservation of the public peace, health, and safety.

Ohio SB9 incorporates Internal Revenue Code changes into Ohio law to avoid increased compliance costs for taxpayers.

Ohio SB9 amends the state's Revised Code to incorporate recent changes in the Internal Revenue Code into Ohio law. This bill allows taxpayers to make an irrevocable election to apply federal tax provisions for their 2024 tax returns, preventing increased compliance costs. The bill repeals existing section 5701.11 of the Revised Code and declares itself an emergency measure necessary for the immediate preservation of the public peace, health, and safety.