With more than 1,000 bills introduced and more than 150 bills signed by the Governor, the Ohio House and Senate completed their work for the 129th General
As 2011 winds down, employers are reminded that effective January 1, 2012, Ohio’s minimum wage rate will increase by 30 cents per hour, from $7.40 to $7.70.
Effective January 1, 2012, the Ohio minimum wage will increase by 30 cents, from $7.40 per hour to $7.70 per hour.
Amended Substitute House Bill No. 114 was signed by the Governor March 30, 2011.
Recently, Ohio's biennial "budget bill" was introduced.
The purpose of this Alert is to provide an update on several recent economic development incentives events.
Effective January 1, 2011, Ohio’s minimum wage rate will increase by 10 cents per hour, from $7.30 to $7.40.
In keeping with a change to the Ohio Revised Code, Tax Commissioner Richard A. Levin recently adjusted Ohio’s nine income tax brackets to reflect inflation.
In June of 2009, Ohio enacted its version of the Uniform Prudent Management of Institutional Funds Act under O.R.C. 1715 (UPMIFA), which made changes to Ohio’s laws regarding spending and investment policies for institutional funds, including nonprofit endowment funds.
Following a series of progressive increases in both federal and Ohio minimum wage, employers can look forward to a period of status quo for 2010.