Ohio House Passes Legislation Providing Tobacco Wholesalers a Bad Debt Refund

The Ohio House of Representatives passed legislation that aims to allow wholesalers experiencing “bad debt” to claim a refund on cigarette, tobacco and vapor products from the state for the tax they pay upfront when they are unable to obtain reimbursement from a retailer.

The House passed the legislation by an 85-3 vote with all Republicans and all but three Democrats voting in favor of the bill.

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Ohio House Republican Re-Introduces Legislation Aiming to Limit Tax Penalties

A Republican Ohio House representative re-introduced legislation that would place limits on municipal income tax late filing penalties.

House Bill (HB) 105, sponsored by State Representative Jim Thomas (R-Jackson Township), aims to put in place protections for Ohio taxpayers against excessive late penalties and notices.

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Ohio Governor DeWine Signs Executive Order Launching Ohio Adoption Grant Program

Ohio Governor Mike DeWine signed an executive order on Friday to launch the Ohio Adoption Grant Program, which provides up to $20,000 to parents adopting a child.

DeWine signed the Ohio Adoption Grant Program as part of House Bill (HB) 45 into law in January. It gives parents a grant who adopt children under the age of 18. It includes adoptions that are privately planned as well as adoptions made through a public children services agency, including adoptions made by foster parents and family members. It excludes adoptions conducted by a stepparent.

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State Senate Passes Legislation Requiring Reporting and Review of Ohioans’ Property Tax Exemptions

A Republican-supported bill that would provide more transparency for local property tax exemptions passed in the Ohio Senate.

House Bill (HB) 66 sponsored by state Representative James Hoops (R-Napoleon) would require the Ohio Tax Commissioner’s biennial tax expenditure report to include information on local property tax exemptions and to require the Tax Expenditure Review Committee to periodically review local property tax exemptions.

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Ohio Lawmakers Pass Bill Revising Ohio’s Unemployment Compensation System to Stop Fraud

Ohio lawmakers gave final approval Thursday, on a Republican-backed bill that aims to cut down on unemployment fraud by revising and updating the state’s unemployment compensation system.

Senate Bill (SB) 302, sponsored by State Senators Bill Reineke (R-Tiffin) and Bob Hackett (R-London), looks to tighten the rules for verifying the identity of applicants for unemployment benefits in the state.

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Ohio Supreme Court Halts State’s Attempt to Collect More Taxes from NASCAR

The Ohio Supreme Court ruled Tuesday morning that revenue earned by NASCAR from selling the rights to broadcast stock car races and merchandise to Ohio fans is not subject to state business taxes.

In a unanimous decision, the Supreme Court rejected the Ohio Tax Commissioner, Jeffrey McClain’s, order that NASCAR owes the state almost $550,000 for money earned from broadcasting races, online marketing, and sponsorship fees.

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Ohio Businesses in Line for Easier City Income Tax Filing Process

Bill Roemer

Filing municipal income taxes for businesses might get a little easier if a bill passed unanimously by the Ohio General Assembly gets Gov. Mike DeWine’s signature.

State Rep. Bill Roemer, R-Richfield, said House Bill 228 will reduce unnecessary state and municipality paperwork for Ohio businesses and simplify the tax filing process.

“The way we currently file municipal net profits taxes in Ohio places an unneeded burden on business owners,” Roemer said. “The last thing businesses need is another hoop to jump through. This bill streamlines the filing process so business owners can get back to creating jobs and contributing to their communities. I am very pleased that both the House and Senate have unanimously agreed to send this bill to Governor DeWine.”

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