House Bill 49, the state operating budget, will be the primary piece of legislation considered by the Ohio General Assembly until its constitutional deadline of passage of June 30. We briefed the budget upon initial introduction here. Hearings in the House continue this week.
Tax reforms that may negatively impact business include an increase to the sales tax rate and expansion of the sales tax base to include elective cosmetic surgery/procedures, landscape design, interior decorating/design, and travel agents/tours. If your business provides any of those services, contact your legislators now to communicate the proposed impact.
We are seeking input on a proposal broadly supported by the business community to centralize collection of the municipal net profits tax through the Ohio Business Gateway. The current process requires businesses that provide goods or services in multiple taxing jurisdictions to file separate returns in each municipality. Contact us now to provide feedback.
The Columbus Chamber submitted proponent testimony this week in support of H.B. 98, legislation sponsors by two of our Franklin County partners in the legislature, Representatives Duffey and Boggs, to require school districts to give employers at least two opportunities per school year to present career and employment information to high school students.