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Combs votes on tax relief legislation | Butler County News and Issues
 

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Combs votes on tax relief legislation

COLUMBUS — Ohio Rep. Courtney Combs, R-Hamilton, on Tuesday voted in support of House Bill 58 which proponents said can save taxpayers about $48.5 million over the next three fiscal years.

The legislation passed the Ohio House of Representatives 89-7. It now moves on to the Ohio Senate for consideration.

According to Combs’ office, the legislation incorporates into Ohio law the “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010,” which authorized a two-year extension of the Bush-era tax cuts, and was signed into federal law on December 17.

Combs’ office said the purpose of House Bill 58 is to update the state’s tax law, which incorporates with the Internal Revenue Code and other federal laws periodically. All but one of the federal amendments HB 58 would incorporate into the state law relates to exclusions or deductions.

If this is not done, according to Combs’ office, taxpayers would have to add the exclusions and deductions separately beginning in the 2011 tax year. For 2010, taxpayers who applied the adjustments on their federal taxes must add these amounts back to compute Ohio taxes.

“State legislators are working feverishly to find relief for Ohio taxpayers,” Combs said. “In this great time of need it is important to work together and focus on providing the most effective government we can for Ohio.”

Thoughts?

Permalink | Comments (6) | Post your comment | Categories: Taxes

Comments

By OTIS

February 16, 2011 2:30 PM | Link to this

OUR WATCHDOG IN COLUMBUS

By null

February 16, 2011 2:30 PM | Link to this

OUR WATCHDOG IN COLUMBUS

By Calling all Paparazzi

February 19, 2011 12:50 PM | Link to this

On a similar, related note…House Bill 5 should go a long-way in providing similar relief. And, in case there’s any doubt about it’s need and how out of touch with reality unions are look no further than where Lakota teachers will hold their annual banquet on April 28th – Wetherington. No one begrudges them for getting together, but what do they really have to celebrate and why this location? Two levy failures. Scores of teachers, busing and services have been cut and all of more are looming, yet they celebrate at a location perceived by most (rightly or wrongly) as this district’s most expensive. For a group that touts itself as being a highly-educated lot, celebrating now at a venue like this sends the wrong message. One can only imagine photos captured from this event being used in future anti-levy ads. To be honest, they’d be well-deserved.

By Calling All Lies

February 20, 2011 5:11 PM | Link to this

Calling All is trying to stir up crap here with a lie. There is no such event by the teachers at Wetherington or any other place.

By Why?

February 20, 2011 10:24 PM | Link to this

If people post opinions, such as the ones on the Clerk of Courts blog, that you don’t like, why not just remove the posts you don’t like and not all of them?

By LEA Banquet IS at Wetherington

February 21, 2011 10:34 AM | Link to this

Calling all Lies needs to apologize for theirs as if they went to http://www.lakotaea.org/ they’d read the following: Save the DATE! LEA Banquet at Wetherington Country Club, April 28 at 6:00 PM (Dinner at 6:30).

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