The bill, Am. S. B. No. 101, amends various sections of the Revised Code to enhance the requirements for filing liens and recording trust-related documents. 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, the bill requires that a memorandum of trust or other qualifying instrument concerning real property must be recorded, clarifying the necessary documentation for property transactions involving trusts. Key changes include the specification of including the last known address for both obligors and employers in lien filings, as well as the requirement for a memorandum of trust to be recorded when real property is conveyed by or to a trustee.

The bill also introduces significant amendments to the tax assessment and collection processes. It establishes that vendors who collect taxes but fail to remit them will be personally liable for the unremitted amount, and both vendors and consumers can be assessed for unpaid taxes. The tax commissioner is empowered to audit transactions to determine tax liabilities, and an assessment against one party does not preclude assessments against others involved in the same transaction. Furthermore, if an assessment remains unpaid after becoming final, a certified copy can be filed with the court to enter a judgment against the assessed party, which must include the party's name and last known address. The bill also stipulates that unpaid assessments will accrue interest and mandates that all collected funds be treated as revenue from the relevant taxes, while repealing several existing sections to streamline the legal framework.

Statutes affected:
As Introduced: 3123.67, 4123.78, 4141.23, 5301.071, 5301.255, 5719.04, 5739.13, 5747.13, 5749.07
As Reported By Senate Committee: 3123.67, 4123.78, 4141.23, 5301.071, 5301.255, 5719.04, 5739.13, 5747.13, 5749.07
As Passed By Senate: 3123.67, 4123.78, 4141.23, 5301.071, 5301.255, 5719.04, 5739.13, 5747.13, 5749.07