(A) Significant and wide-ranging amendments to ORC 718 were enacted by Am Sub H.B. 5, passed by the 130th General Assembly in December 2014, and H.B. 5 required municipal corporations to conform to and adopt the provisions of ORC 718 in order to have the authority to impose, enforce, administer and collect a municipal income tax.
(B) As mandated by H.B. 5, municipal income tax Ordinance 2015-76, effective January 1, 2016, enacted Chapter 174 in accordance with the provisions of ORC 718 to allow the Municipality to continue the income tax and withholding tax administration and collection efforts on behalf of the Municipality.
(C) As mandated by H.B. 49 passed by the 132nd General Assembly in 2017, municipal income tax Ordinance 2018-2, effective January 1, 2018, amends Chapter 174 in accordance with the provisions of ORC 718.80 to 718.95. Businesses may elect to be subject to ORC 718.80 to 718.95 which will designate the State of Ohio Tax Commissioner as the administrator of the municipal net profit tax(es).
(D) This chapter may be amended by the Municipality to the extent permitted by the Ohio Revised Code and the Ohio Constitution.
(E) As mandated by H.B. 33 passed by the 135th General Assembly in 2023, municipal income tax ordinance 2022-02, effective January 1, 2024, amends Chapter 174 in accordance with provisions of ORC 718 to exempt the income of individuals under eighteen years of age, to permit businesses with remote workers to use a modified apportionment formula for their net profit returns, to add an extra month to business net profit extensions, to reduce the maximum late filing penalty, and to bar the Tax Administrator from making an inquiry into a return that is on extension.
(F) This chapter may be amended by the Municipality to the extent permitted by the Ohio Revised Code and the Ohio Constitution.
(Ord. 2024-02. Passed 3-14-24.)