The bill amends various sections of the Revised Code to enhance the requirements for filing liens and tax assessments. It mandates that any lien filed must include the last known address of the lien debtor, ensuring that this address is not a post office box. Additionally, it requires that a memorandum of trust or other qualifying instruments concerning real property be recorded, clarifying the necessary documentation for property transactions involving trusts. The bill also specifies that certified copies of tax assessments must include the party's name and last known address when filed with the court, aiming to improve transparency and accountability in the management of liens and property transactions.

Moreover, the bill clarifies the responsibilities of vendors, consumers, employers, and taxpayers regarding tax collection and remittance. It establishes personal liability for vendors who collect taxes but fail to remit them, and outlines the process for assessments by the tax commissioner, including the ability to audit sales or purchases. The bill introduces new requirements for the filing of assessments, mandating that a certified copy of the commissioner's entry must include the debtor's name and last known address. It also repeals several existing sections of the Revised Code to streamline the legal framework surrounding tax assessments and collections, while ensuring that unpaid assessments accrue interest until fully paid. Overall, the bill aims to enhance the efficiency and clarity of tax collection processes and the assessment framework.

Statutes affected:
As Introduced: 3123.67, 4123.78, 4141.23, 5301.071, 5301.255, 5719.04, 5739.13, 5747.13, 5749.07