TODAY IS Tuesday September 26th
Hite Announces Senate Passage of Tax Reforms
Friday May 12, 2017 4:28pm
Columbus, OH
By: Elijah Thiess
Senator Cliff Hite announced the passage of legislation on Thursday in the Ohio Senate aimed at updating the way agricultural property values are calculated in order to alleviate the financial burden on Ohio's farmers.
Senate Bill 36 helps ensure that the taxes paid by farmers are more closely tied to the income producing potential of the land.
Hite says the bill removes land value appreciation and equity buildup, which are two factors in the existing formula that arbitrarily inflate the value of farmland based on market considerations.
Senate Bill 36 passed the Senate with unanimous support and will now go to the House of Representatives for further consideration.
By: Elijah Thiess
Senator Cliff Hite announced the passage of legislation on Thursday in the Ohio Senate aimed at updating the way agricultural property values are calculated in order to alleviate the financial burden on Ohio's farmers.
Senate Bill 36 helps ensure that the taxes paid by farmers are more closely tied to the income producing potential of the land.
Hite says the bill removes land value appreciation and equity buildup, which are two factors in the existing formula that arbitrarily inflate the value of farmland based on market considerations.
Senate Bill 36 passed the Senate with unanimous support and will now go to the House of Representatives for further consideration.
(09-26-2017) • Humane Shelter Grand Opening Set for Thursday
LOCATION OF NEWS ITEM: 780 Shelter Lane • Angola, IN
(09-26-2017) • Two Vehicl Accident Injures One Person & Damages a Garage
LOCATION OF NEWS ITEM: Corunna, IN
(09-26-2017) • Trial Set for Northwest Ohio Man on Kidnapping and Murder Charges
LOCATION OF NEWS ITEM: Fulton County Common Pleas Court • Wauseon, OH
(09-26-2017) • Angola BZA Approves Speedway Truck Stop
LOCATION OF NEWS ITEM: 3075 W. Maumee Street • Angola, IN
(09-25-2017) • Cameron Hospital Offering Free Breast Cancer Screening
LOCATION OF NEWS ITEM: Cameron Hospital, 416 E. Maumee Street • Angola, IN
(09-25-2017) • Williams County Fair Reports Attendance Was Up
LOCATION OF NEWS ITEM: Williams County Fair, 619 East Main Street • Montpelier, OH
(09-25-2017) • Bryan City Police Remind Area Residents to Lock Vehicles
LOCATION OF NEWS ITEM: Bryan, OH
(09-25-2017) • County Road D Repaving Begins Monday
(09-25-2017) • Motorcyclist Dies on US 24
(09-22-2017) • Drink Lots of Fluids Friday and Into the Weekend
LOCATION OF NEWS ITEM: NE Indiana - SE Michigan - NW Ohio
(09-22-2017) • Elsenbaumer Named New Chancellor
LOCATION OF NEWS ITEM: IPFW - Fort Wayne, IN • Albion, IN
(09-22-2017) • Appeal Denied for Man Responsible for the 2016 Double Murder
LOCATION OF NEWS ITEM: Montpelier, OH
(09-22-2017) • Corrections Center of Northwest Ohio Playing Waiting Game Again
LOCATION OF NEWS ITEM: Corrections Center of Northwest Ohio • Stryker, OH
(09-22-2017) • Trine Numbers Are Calculating Another Record Year
LOCATION OF NEWS ITEM: Trine University • Angola, IN
(09-21-2017) • Upcoming Sentencing of Indiana Woman for Hit and Skip Death
LOCATION OF NEWS ITEM: Bryan, OH
(09-21-2017) • Traffic Stop Leads to Meth Bust and Seizure of Marijuana Grow Operation
LOCATION OF NEWS ITEM: LaGrange, IN
(09-21-2017) • Former Trine Exchange Students Meet Indiana Governor
LOCATION OF NEWS ITEM: Angola, IN
(09-20-2017) • Defiance College Receives U.S. News Ranking
LOCATION OF NEWS ITEM: Defiance College • Defiance, OH
(09-20-2017) • City of Bryan Enforcing Guidlines for Election Signs
LOCATION OF NEWS ITEM: Bryan, OH
(09-20-2017) • Wednesday Is Seniors' Day At The St. Joseph County Grange Fair
LOCATION OF NEWS ITEM: St. Joseph County Grange Fair • Centreville, MI
(09-20-2017) • August Jobless Rate Up In Michigan
(09-18-2017) • Road Paving Costs Down in Williams County
LOCATION OF NEWS ITEM: Williams County Commissioners • Bryan, OH
(09-18-2017) • Indiana Employment Report is at a Historical Low
(09-15-2017) • Trine Named Best Value School by U.S. News & World Report
LOCATION OF NEWS ITEM: Angola, IN
(09-14-2017) • Threat Causes Shutdown of Hillsdale County Courthouse
(09-14-2017) • Edgerton Senior is Showman of Showmen
LOCATION OF NEWS ITEM: Williams County Fairgrounds • Montpelier, OH
(09-13-2017) • Angola Fire Department Receives Donation from Miller Poultry
LOCATION OF NEWS ITEM: Angola, IN
© Copyright 2017 Swick Broadcasting Company. All right reserved.
