Keeping Law SimpleLegislation, clearly explained
Back to Ohio
Ohio2026Passed Legislature

HB113

HB113: Updates to Financial Disclosure and Tax Exemption Rules

Last scannedAug 25, 2026, 4:32 AM

In one sentence

This bill updates rules for which public officials must file financial disclosure forms and requires school district approval for certain property tax exemptions.

What it does

  • Requires specific state, county, city, and school officials to file annual financial disclosure statements with ethics commissions.
  • Lists the types of income that elected representatives must report in set dollar ranges.
  • Protects the privacy of clients for attorneys and patients for doctors when they are required to disclose income sources from legislative agents.
  • Requires school district approval before granting property tax exemptions in residential community reinvestment areas.

Who it affects

  • State, county, and city elected officials and candidates
  • Members of the state board of education and specific high-ranking state agency employees
  • Employees of state retirement systems, workers' compensation boards, and higher education institutions
  • School business managers, treasurers, superintendents, and board members in districts with 12,000 or more students

Limits and unknowns

  • The provided text does not state the exact date this law will take effect.
  • The full list of income ranges and detailed rules are cut off in the source material, specifically regarding privacy protections for professionals.
  • The bill summary mentions annexation changes, but the specific details on how annexation laws change are not included in the excerpt.

Plain language

Terms to know

Financial disclosure statement
A form where public officials list their income sources to show potential conflicts of interest.
Legislative agent
A person or group that tries to influence laws or government decisions, often called a lobbyist.
Residential community reinvestment area property tax exemption
A reduction in taxes for homes located in specific areas designated for economic improvement.

Official record

Sources

Source attached
Official bill pageStored full record

Official summary

Regards annexation and financial disclosure forms, tax exemptions

Official activity

Bill history

  1. As Introduced