Vote Smart's Synopsis:

Vote to pass a bill that requires municipalities to obtain voter approval before modifying a municipal income tax reciprocity credit in Ohio.

Highlights:

• Requires municipalities to obtain approval from the electoral base through a general election before the altering of an income tax (Sec. 1).

• Authorizes electors to petition for an election to enact a tax credit or increase the amount, percentage or rate limit of an existing credit (Sec. 1).

• Requires petitions to state the proposed amount, rate or rate limit with a number of signatures equal to at least 10% of the voter turnout from that municipality in the most recent governor’s election (Sec. 1).

Full Bill Text