Ohio legislation · 136th General Assembly
Ohio HB981: Regards income tax levied in joint economic development district
Status: Introduced, July 22, 2026
To amend section 715.72 of the Revised Code regarding the maximum income tax that can be levied in a joint economic development district.
What the bill says
To amend section 715.72 of the Revised Code regarding the maximum income tax that can be levied in a joint economic development district.
From the introduced text, July 22, 2026:
To amend section 715.72 of the Revised Code regarding the maximum income tax that can be levied in a joint economic development district. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO: Section 1. That section 715.72 of the Revised Code be amended to read as follows: Sec. 715.72. (A) As used in this section: (1) "Contracting parties" means one or more municipal corporations, one or more townships, and, under division (D) of this section, one or more counties that have entered into a contract under this section to create a joint economic development district. (2) "District" means a joint economic development district created under this section. (3) "Contract for utility services" means a contract under which a municipal corporation agrees to provide to a township or another municipal corporation water, sewer, electric, or other utility services necessary to the public health, safety, and welfare. (4) "Business" means a sole proprietorship, a corporation for profit, a pass-through entity as defined in section 5733.04 of the Revised Code, the federal government, the state, the state's political subdivisions, a nonprofit organization, or a school district. (5) "Owner" means a partner of a partnership, a member of a limited liability company, a majority shareholder of an S corporation, a person with a majority ownership interest in a pass-through entity, or …
Sponsors
- Jeff LaRe (R, 73) · primary sponsor
Latest actions
- : Introduced
Subjects: Taxation, Economic Development, State and Local Government, Local Government
Common questions
- What is HB981?
- HB981 is a bill in the Ohio Legislature (136th General Assembly): Regards income tax levied in joint economic development district.
- What does HB981 do?
- In its own words: To amend section 715.72 of the Revised Code regarding the maximum income tax that can be levied in a joint economic development district.
- What is the status of HB981?
- Introduced as of July 22, 2026. Latest action: Introduced (July 22, 2026).
- Who sponsored HB981?
- Jeff LaRe (R, 73).
- Where is the official record for HB981?
- On the Ohio Legislature website: https://www.legislature.ohio.gov/legislation/136/hb981
Source: official Ohio record. Tracked by Delilah, AI for legislation across all 50 states and Congress.