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Committee unanimously reports amended House Bill 14 to rules to align Ohio tax code with federal disaster tax relief changes
Summary
Representatives Romer and Workman presented sponsor testimony on amended House Bill 14 to incorporate post-2023 Internal Revenue Code changes from the Federal Disaster Tax Relief Act of 2023 into Ohio law; the committee voted unanimously to favorably report the amended bill to Rules and Reference.
Representatives Romer and Workman told the Senate Ways and Means Committee that amended House Bill 14 would codify recent changes to the Internal Revenue Code made by the Federal Disaster Tax Relief Act of 2023 into Ohio law.
Romer said the federal act allows taxpayers affected by federally declared disasters to deduct personal casualty losses without itemizing and without the…
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