Ohio Governor Mike DeWine is attempting to double the tax rate from 10 percent to 20 percent just over a month after sports betting became legal in the state. This increase is part of his biennial executive budget plan for the 2024–2025 fiscal years.
The budget doubles the tax on sports wagering that casinos and teams operating mobile sportsbooks must pay. A Bloomberg Tax analysis shows that the tax is just a little bit higher than the average 19 percent levied by other states.
Two Republican state lawmakers in Ohio have introduced a bill to change the state’s medical marijuana regulations, which would allow more people to use cannabis for medicinal purposes and establish a new state agency to manage the program.
Senate Bill (SB) 9, sponsored by State Senators Steve Huffman (R-Tipp City) and Kirk Schuring (R-Canton), is similar to another proposal from the previous legislative session, SB 261, which was passed by the Ohio Senate in December 2021 but was defeated in the Ohio House of Representatives.
Ohio Senator Matt Huffman, (R-Lima) will once again serve as President of the Ohio Senate for the 135th General Assembly after a unanimous vote Tuesday, as reported by a release from the Senate.
Huffman was first elected to the Ohio Senate in 2016. He was re-elected to a second term in 2020 when he previously served as Senate President during the 134th General Assembly and prior to that as Majority Floor Leader. This follows his serving four terms in the Ohio House of Representatives building up to his election as Speaker Pro Tempore.
Ohio sports betting will begin early in 2023, as the Ohio Casino Control Commission detailed in their latest meeting.
January 1, 2023 will be the official launch date, as the Commission will begin accepting applications later this month.