HB 66 Summary

• Revises multiple sections of Ohio tax law and appropriates operating funds for fiscal year 2022-2023 and capital funds through June 30, 2024.

• Creates a new commercial driver's license training tax credit allowing employers to claim up to $50,000 annually in certified training expenses, with a statewide annual cap of $3 million plus carryover from prior years.

• Amends property tax exemption procedures to allow certain properties to apply for retroactive exemptions and tax relief through December 31, 2021 for school district acquisitions and through 12 months after enactment for county agricultural societies.

• Appropriates $30 million for minor league baseball team relief grants and $35 million for cultural and sports facilities projects, including $30 million for Gateway Economic Development Corporation infrastructure and $5 million for Dayton Dragons improvements.

• Modifies tax expenditure reporting requirements and exempts boats from use tax during storage and repair work in Ohio to support the state's marine industry.