Ohio House Passes the “Tax Code Streamlining and Correction Act”

Ohio House Passes the “Tax Code Streamlining and Correction Act”

COLUMBUS— State Representatives Jena Powell (R-Arcanum) and Derek Merrin (R-Monclova Township) today announced the Ohio House passage of House Bill 197, “Tax Code Streamlining and Corrections Act”; HB 197 makes over 100 changes to update the laws governing taxation. The legislation makes our tax code accurate and clear by fixing errors.

HB 197 updates the Ohio Revised Code (ORC) sections by addressing typographical errors, incorrect cross-references, removing obsolete sections, and rearranging organizational defects.

“The Tax Code Streamlining and Corrections Act is not a flashy bill, but corrects over 100 errors in the tax code,” said Powell. “Today, with a single bill, the Ohio House is fixing decades of accumulated mistakes and errors embedded into our tax laws…mistakes which undermine our legal code.”

“Ohioans and businesses will have a better opportunity to prosper with a clear and accurate tax code,” said Merrin.

This bill has garnered support from the Ohio Society of CPAs, the County Treasurers Association of Ohio, the County Auditors Association of Ohio, the National Federation of Independent Business (NFIB), and the Ohio Chamber of Commerce.

HB 197 passed the Ohio House unanimously and now heads to the Ohio Senate for further consideration.

For more information, contact Rep. Powell’s office at 614-466-8114 or Rep80@ohiohouse.gov or Rep. Merrin’s office at 614-466-1731 or Rep47@ohiohouse.gov

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