(A) Significant and wide-ranging amendments to ORC chapter 718 were enacted by Am Sub HB 5, passed by the 130th General Assembly, and signed by Governor Kasich on December 19, 2014, and H.B. 5 required municipal corporations to conform to and adopt the provisions of ORC chapter 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 O-40-2015, effective January 1, 2016, comprehensively amends Chapter 171 of the Codified Ordinances of the City of Troy, Ohio in accordance with the provisions of ORC Chapter 718 to allow the Municipality to continue the income tax and withholding tax administration and collection efforts on behalf of the Municipality. (Ord. 40-15. Passed 11-16-15.)