HB 69 OH Introduced
Regards taxpayer deduction for depreciation, enhanced expensing
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Summary
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.
Sponsors (2)
- Bob Peterson Republican · primary
- Thaddeus J. Claggett Republican · primary
Action history (2)
- Feb 10, 2025 Introduced · lower
- Feb 12, 2025 Referred to committee · lower
Subjects
Taxation
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