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It takes time for committees to examine any issue, and property tax reform is a messy one. Because of that, some officials have called for more immediate action to alleviate the burden of homeowners.
Under this example, a homeowner with income of $50,000 whose property tax was $3,000 would get the full $1,500 credit and end up paying a net $1,500 in property tax.
The Republican chair of the House’s tax writing committee called on Congress to quickly extend President-elect Trump’s 2017 tax cuts as Senate GOP leaders plan to move first on border funding.
The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.
The Senate is set for an overnight marathon voting session Thursday, known as a vote-a-rama, as Republicans look to clear a key hurdle in delivering on President Trump’s legislative agenda. The ...
Matt Dolan, former state senator from the 24th district (2017–2024) and candidate for U.S. Senate in 2022 and 2024 [7] Frank LaRose, Ohio Secretary of State (2019–present) and candidate for U.S. Senate in 2024 [7] Vivek Ramaswamy, former CEO of Roivant Sciences (2014–2023) and candidate for president in 2024 [7]
Stay informed as the 2024 general election heats up. From the U.S. Senate race to key local issues, follow along for in-depth coverage of central Ohio.
Feb. 2—After rushing to develop a massive tax package last year that Gov. Michelle Lujan Grisham then largely gutted, lawmakers from both chambers of the Legislature met Friday to get an early ...