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Read. Follow. Verify.Ohio House Bill 617 exempts capital gains from state and municipal income taxes
Last action · February 4, 2026: Referred to Ways and MeansSponsor: Tom Young
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What This Bill Would Do
Ohio HB 617 exempts from state and municipal income taxation by amending sections 718.01 and 5747.01 and repealing section 5747.79 of the Revised Code. The change applies to taxable years ending on or after the effective date of the act. Additionally, the Director of Budget and Management must prepare a fiscal impact report on or before June 30, 2027.
Who It Would Affect
Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.
Individual taxpayers
Municipal corporations
Municipalities will experience changes in municipal taxable income calculations due to the exemption of capital gains.
Director of Budget and Management
The Director is required to prepare and submit a comprehensive fiscal impact report by June 30, 2027.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What does Ohio House Bill 617 do?
When do these tax changes take effect?
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Votes, people, money & the original sourceWhere This Stands
Currently in committee. The next step in the legislative lifecycle is Floor Vote.
Procedural history
2 actions- Feb 4, 2026HouseCommitteeReferred to Ways and Means
- Dec 1, 2025HouseIntroducedIntroduced
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Elimination of Capital Gains Taxation
The measure shifts state and municipal tax policy by removing capital gains from taxable income calculations under Revised Code chapters 718 and 5747.
Connected Entities
Sources
www.legislature.ohio.gov
Analysis Score
0–100- Significance85How much this matters to a regular citizen
- Controversy75Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz60Current news / social attention level
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