The bill introduced by Senator Schaffer seeks to amend various sections of the Revised Code concerning tax enforcement and the sales tax exemption for automated car wash services. Key provisions include the introduction of new sections that enhance the tax enforcement authority of the Department of Taxation and local tax administrators, as well as modifications to penalties and interest related to unpaid real estate taxes. The bill allows for more flexible payment options for delinquent taxes and clarifies the conditions under which delinquent tax contracts can be established. Notably, it removes certain language regarding penalties on unpaid taxes and specifies that interest on delinquent taxes will be computed differently based on payment timing and contract status.

Additionally, the bill introduces several amendments to existing tax exemptions, particularly focusing on sales tax exemptions for specific items such as clothing, school supplies, and medical products. It establishes a sales tax holiday for clothing and school supplies during the first weekend of August and clarifies definitions related to taxable and exempt items. Importantly, the bill includes provisions that prevent the tax commissioner from imposing penalties or interest for failure to file a return if no tax is due, aiming to alleviate the burden on taxpayers. Overall, the proposed legislation aims to streamline tax compliance, enhance enforcement mechanisms, and provide clarity on tax obligations and exemptions.

Statutes affected:
As Introduced: 323.121, 323.132, 323.31, 718.08, 718.27, 718.88, 718.89, 4503.06, 5703.42, 5703.52, 5703.60, 5703.70, 5717.01, 5717.011, 5717.02, 5721.011, 5726.21, 5739.02, 5745.04, 5747.09, 5747.15, 5747.43, 5751.06