Join Small Business Owners From Across Ohio At
NFIB Small Business Day at the Capitol
June 3, 2015
Sheraton Columbus at Capitol Square & Ohio Statehouse Atrium
|OPGA members may attend the 2015 NFIB/Ohio Small Business Day at the Capitol scheduled for Wednesday, June 3, 2015. The event will take place at the Sheraton - Downtown Columbus before moving to the Ohio Statehouse for a luncheon with state legislative leaders.NFIB is allowing OPGA members to join NFIB members in this opportunity to come to the statehouse and talk with lawmakers about the importance of small businesses to Ohio's economy.
Mark your calendars and register today!
Following Lunch - Legislator and/or Session Visits
This event will be held as the new, biennial budget is being finalized, and state tax reform promises to be a hot-button issue. There is no better time than now for lawmakers to see and hear from the small businesses that create the jobs that drive our economy! We hope you can attend and join the hundreds of fellow small-business owners on June 3!
Cost is $40 for the first OPGA member ($25 for additional employees).
U.S. propane stocks increased by 2.6 million barrels last week to 71.0 million barrels as of May 15, 2015, 31.1 million barrels (78.0%) higher than a year ago. Gulf Coast inventories increased by 2.2 million barrels while Midwest and East Coast inventories both increased by 0.2 million barrels. Rocky Mountain/West Coast inventories increased by 0.1 million barrels. Propylene non-fuel-use inventories represented 7.6% of total propane inventories.
House Approves 6.3% Income Tax Cut
After weeks of studying the sweeping proposals from Gov. John Kasich in his executive budget for FY16-17, House Republicans unveiled their version Tuesday that largely strips out the proposed sales tax expansion to consultants and others as well as the severance, tobacco and CAT taxes and dedicates more money to school districts so that fewer will lose funds in the next biennium.
The House proposal will give a 6.3 percent across-the-board income tax cut beginning in Tax Year 2015 worth $1.2 billion over the biennium, which will lower the top tax rate to 4.997 percent. The substitute bill will also make the 75 percent small business tax deduction that was adopted by the 130th General Assembly permanent.
On March 24 the Ohio House of Representatives Judiciary Committee unanimously approved HB 71 which would prohibit certain indemnity agreements in motor vehicle carrier transportation contracts.
Written proponent testimony was provided by Jeff Smith, director of government affairs and general counsel for the Professional Independent Agents Association of Ohio. He made the following statement: