Explanation
This is a resolution strongly opposing a portion of the 2017-2018 Budget, House Bill H.B. 49 as introduced, which has been submitted by the Governor of the State of Ohio. The budget as introduced proposes centralized collection of net profit tax returns and other provisions related to the municipal income tax. The budget as introduced will cause a loss in revenue needed to support the health, safety, welfare and economic development efforts of Ohio Municipalities. This resolution is also being submitted as an emergency.
Title
A resolution strongly opposing the 2017-2018 biennial state budget which has been submitted by the Governor of the State of Ohio - House Bill 49, as introduced, is proposing centralized collection of net profit tax returns and other provisions related to the municipal income tax - this proposal, as introduced, will cause a loss in revenue needed to support the health, safety, welfare and economic development efforts of Ohio municipalities, and to declare an emergency.
Body
WHEREAS, the Mayor and Council have been advised of a proposal by Ohio Governor Kasich and his administration to institute a state-operated program for the centralized collection of Ohio Municipal Business Net Profit Income Tax; and
WHEREAS, the proposal for a state takeover of the administration and collection of the municipal business net profit income taxes of municipal corporations such as Columbus is a clear attack on the home rule powers granted to municipal corporations by the Ohio Constitution; and
WHEREAS, this proposed language also includes a provision that would eliminate a portion of the sales factor, known as "throwback", substantially reducing reportable tax revenue to municipalities with warehouses, distribution centers, and any business providing online sales; and
WHEREAS, Columbus strenuously objects to this latest attack on municipal home rule under consideration by the State of Ohio and urges all ...
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