Ohio House Passes Municipal Tax Reform Bill!
After two years of discussions, hearings and negotiations, the Ohio House of Representatives passed the Municipal Income Tax Reform bill, Substitute House Bill 5 ("Sub. H.B. 5" or "the bill") today. The bill was sponsored by Rep. Cheryl Grossman and Rep. Michael Henne, and adopted by the Ways and Means Committee under the leadership of its Chairman, Rep. Peter Beck, CPA. The bill was supported by the Municipal Tax Uniformity Coalition, a group of 30 major Ohio business associations representing nearly 300,000 employers (see our previous SALT Buzzes for more background on how this bill developed).