OSCPA staff report
The Ohio Department of Taxation in the coming fiscal year will begin a two-year project to modernize the personal income tax and school district income tax computer system.
That was one of the highlights of a biennial budget bill hearing this week, as Tax Commissioner Jeff McClain testified before the Senate Local Government Committee.
McClain told the committee the project will:
The budget bill – House Bill 110 – also appropriates $155 million in COVID-19 relief for small businesses and adds more oversight of the executive branch, including the creation of a Joint Legislative Oversight and Review Committee of Federal COVID Relief Aid and the referral of more spending initiatives by state agencies to the Controlling Board for approval. All totaled, this spring the state will address allocation of more than $5 billion in recent federal funding from the American Recovery Act.