Anyone that knows me has heard me say, “It’s all about Jobs!” That has been my motto since I was elected as your state representative in 2009, and remains my focus as I serve on the House Economic and Workforce Development Committee today. I have been working hard at the Ohio Statehouse to ensure Northeast Ohio’s economy continues to prosper and to create an environment that is conducive to job creation. By cutting red tape and eliminating overly burdensome regulations, Ohio is becoming a state that is “open for business.”
I am very proud to have authored, HB107, the Career Exploration Internship Bill. Ohio high school students can explore potential careers through paid internships with local businesses. It allows students to acquire the skills necessary for in-demand careers while gaining a variety of experiences in their chosen field. For more details about this program visit the Ohio Department Services Agency at development.ohio.gov
Under House Bill 3, the cost for filing for a new business with the Ohio Secretary of State’s office has been reduced by 21 percent, lowering the fee to $99. This has resulted in 2,500 new entities filing to open a business within Ohio this year, compared to the same time in 2015. In 2016 alone, Ohio has seen 9,746 business file to open their doors. House Bill 3 has also allowed Ohio’s job search website, OhioMeansJob.com, to be updated so that employers can be linked with well-qualified employees.
According to the Washington Post, Ohio is the 4th best tax cutting state in the United States, and we are continuing on that track by establishing a low flat tax of 3 percent on business that are above the $250,000 income level. Ohio is also continuing the 75 percent income tax deduction for the business at or under the $250,000 threshold in 2016, and will increase that deduction to 100% in 2017. Additional money in the hands of our small business owners through these tax cuts allows them to reinvest in their companies and create more jobs.
While the Common Sense Initiative Office has been in place since 2011, it is important to highlight the impact of this office. It has reviewed nearly 8,000 policies and reduced the number of excessive or duplicative rules, allowing Ohio businesses to grow and expand. If you have a state rule or regulation that you find to be overly restrictive, please contact the CSI office at CSIOhio@governor.ohio.gov to share your solutions to improve the Buckeye State.
These are just a few examples of the progress Ohio has made, since I took office, to create a friendlier environment for businesses. I’m proud of the work we’ve accomplished so far and look forward to the progress we will make in the future.