House Bill 5 becomes law!
Ohio’s municipal income tax system has long been an area of frustration and burden for Ohio's business community. OSCPA’s top legislative priority for years has been achieving meaningful, common sense reforms. House Bill 5 helped make that goal a reality.
Gov. Kasich signs House Bill 5 into law on Dec. 19, 2014 surrounded by OSCPA staff and other supporters.
The passage of House Bill 5 is a great example of CPA leadership in action and demonstrates the power of what a strong and unified voice for the profession can do. Thank you for your support, steadfastness and staying the course during the past four years.
OSCPA prepared a summary of the key provisions as a benefit to members and the business community.
We also deeply appreciate the legislators who supported the interests of CPAs and the Ohio business community – especially Reps. Cheryl Grossman, R-Grove City, and Mike Henne, R-Clayton and Sen. Bob Peterson, R-Sabina. They devoted countless hours to crafting a bill that significantly improves Ohio’s municipal tax system yet also considers the needs of our communities.
To help drive this change, OSCPA organized the Municipal Tax Reform Coalition, a partnership of 33 organizations in Ohio driving reform of Ohio’s municipal income tax code. Together, they represent a large share of the business and individual taxpayers who are the lifeblood of Ohio’s economy and are impacted most by the current structure.
OSCPA has testified repeatedly that the Ohio municipal tax system is overly burdensome for taxpayers, and that change is sorely needed.
Gov. Kasich signed the bill into law on Dec. 19, 2014. The effective date for most provisions is Jan. 1, 2016.
Contact the Governmental Affairs team for more information on this and other legislative priorities:
Latest news on municipal income tax reform:
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Feb 29, 2016
The Ohio Society of CPAs recently recognized five Ohio legislators with its Outstanding Legislator Award for their significant efforts to improve Ohio’s business climate.
Feb 25, 2016
Ohio’s new municipal income tax law is now in effect. To check on how things are evolving with city and village operations, we gathered some recent news stories from around the state.