(A) Ordinance No. O-15-30, effective January 1, 2016, and corresponding changes to ORC 718, apply to municipal taxable years beginning on or after January 1, 2016. All provisions of this Chapter 881 apply to taxable years beginning 2016 and succeeding taxable years.
(B) Ordinance No. O-15-30 does not repeal the existing sections of Chapter 880 for any taxable year prior to 2016, but rather runs concurrently with Chapter 880 effective January 1, 2016. For municipal taxable years beginning before January 1, 2016, the Municipality shall continue to administer, audit, and enforce the income tax of the Municipality under ORC 718 and ordinances and resolutions of the Municipality as that chapter and those ordinances and resolutions existed before January 1, 2016.
(Ord. 15-30. Passed 11-19-15.)
(C) The tax imposed by this chapter for the sole purpose of providing funds for capital improvements shall not expire and shall be levied, collected or paid with respect to the salaries, wages, commissions or other compensation of employees and the net profits of businesses.
(D) All provisions of Chapter 881 of the Codified Ordinances of the City of Springboro apply to taxable years beginning 2016 and succeeding taxable years and Chapter 880 shall be deleted from Codification effective January 1, 2017 but shall have full force and effect for taxable years preceding 2016.
(Ord. 16-9. Passed 5-19-16.)