Latest Posts

Governor approves tax expenditure review committee

Posted on Tuesday, January 10, 2017 by Gary Hunt

OSCPA staff report

Gov. Kasich on Dec. 19 signed House Bill 9, which will create a tax expenditure review committee to periodically review existing and proposed tax expenditures.

OSCPA has been a leader at promoting HB 9 and other legislation seeking greater transparency, accountability and efficiency at all levels of government.

The bill, sponsored by Rep. Terry Boose, R-Norwalk, was approved Dec. 8 by the legislature in a flurry of action before lawmakers adjourned sine die. It will go into effect March 19.

The law is a part of OSCPA’s effort for sensible tax policy that continued last year, when Tom Zaino, CPA, JD, then chair-elect of OSCPA Executive Board, testified on tax expenditures. Reviewing tax expenditures was also a major theme throughout the Ohio Society’s Tax Reform Task Force report.

Leave a comment