The Ferguson Formula is a simple, six-page plan to protect local government and first responders if property taxes are abolished. This bill reallocates a portion of Ohio’s state sales tax to keep police, fire, and EMS fully funded while we redesign a fairer tax system for everyone.
This bill does one very specific thing: it protects local government and first responders from losing funding if Ohio abolishes property taxes. It does not address school funding, or other programs funded by property tax, yet — those pieces will be addressed in future legislation. The Ferguson Formula simply reallocates part of the state sales tax to keep essential services whole while we modernize the tax system.
Below you can read the full text of the bill exactly as it has been submitted. As edits and improvements are made, this page will always show the most current version so citizens, officials, and stakeholders can stay informed.