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Buckeye Reporter

Thursday, November 7, 2024

News from 2023

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Ohio collected 87.9% less in corporate net income taxes in 2022

By Buckeye Reporter | Jul 15, 2023

Of the $37.4 billion in taxes collected by Ohio in 2022, $721,000 came from corporations net income taxes, an 87.9 percent decrease from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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Ohio collected $4 million in pari-mutuels sales tax in 2022

By Buckeye Reporter | Jul 15, 2023

Of the $37.4 billion in taxes collected by Ohio in 2022, less than 0.1 percent, or $4 million, came from pari-mutuels sales tax, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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Ohio collected 1.8% more in license taxes in 2022

By Buckeye Reporter | Jul 15, 2023

Of the $37.4 billion in taxes collected by Ohio in 2022, $2.1 billion came from license taxes, a 1.8 percent increase over the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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Brown, Manchin, Casey, Fetterman, Warner, Kaine Push Administration for New Silica Standard for Miners

By Buckeye Reporter Report | Jul 15, 2023

U.S. Senators Sherrod Brown (D-OH), Joe Manchin (D-WV), Bob Casey (D-PA), John Fetterman (D-PA), Mark Warner (D-VA) and Tim Kaine (D-VA) called on Office of Management and Budget (OMB) Director Shalanda Young to provide additional information on the delayed announcement of a new silica standard for miners across America, especially Appalachia.

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ICYMI: Washington Post Editorial Board: Brown's “Bipartisan Bill to Seize CEO Pay Would Discourage Future Banking Crises”

By Buckeye Reporter Report | Jul 15, 2023

In Case You Missed It: The Washington Post Editorial Board and Crain’s Cleveland Business Editorial Board threw their support behind Senate Banking, Housing, and Urban Affairs Committee Chairman Sherrod Brown’s (D-OH) bipartisan Recovering Executive Compensation Obtained from Unaccountable Practices (RECOUP) Act. Brown introduced the bill with Ranking Member Tim Scott (R-SC) to hold bank executives accountable for their failures.

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Brown Announces $20 Million for Infrastructure Improvements in Toledo

By Buckeye Reporter Report | Jul 15, 2023

U.S. Senator Sherrod Brown (D-OH) announced that the Department of Transportation (DOT) has awarded a $20 million grant to the City of Toledo to improve transportation infrastructure.

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24 people die from influenza and pneumonia in Ohio during week ending July 8

By Buckeye Reporter | Jul 14, 2023

There were 24 deaths from influenza and pneumonia reported in Ohio in the week ending July 8, making up one% of total deaths by all causes in Ohio.

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9,719 out-of-state companies' professional licenses set to expire in Q3

By Buckeye Reporter | Jul 14, 2023

There are 9,719 out-of-state companies' professional licenses expiring in the third quarter of 2023 in Ohio, according to the eLicense Ohio Professional Licensure System.

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Residents and visitors to Ohio paid $37.4 billion in taxes in 2022

By Buckeye Reporter | Jul 14, 2023

Ohio collected $37.4 billion in taxes in 2022, a 7.1 percent increase from the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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51.5% decrease in number of VA loans issued across Ohio from Q2 2022 to Q2 2023

By Buckeye Reporter | Jul 14, 2023

The U.S. Department of Veterans Affairs (VA) issued 2,358 home loans totaling $592.7 million in Ohio during the second quarter of the fiscal year 2023, according to figures provided by the Veterans Affairs Home Loans Index.

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Ohio collected $8.4 billion in selective sales and gross receipts taxes in 2022

By Buckeye Reporter | Jul 14, 2023

Of the $37.4 billion in taxes collected by Ohio in 2022, 22.4 percent, or $8.4 billion, came from selective sales and gross receipts taxes, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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Ohio ranks seventh in the U.S. for the most selective sales and gross receipts taxes paid in 2022

By Buckeye Reporter | Jul 14, 2023

In 2022, Ohio collected $8,373,833,000 in selective sales and gross receipts taxes, ranking it seventh in the United States, according to the U.S. Census Bureau's Annual Survey of State Government Tax Collections (STC).

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Ohio collected 1.8% more in alcoholic beverages sales tax in 2022

By Buckeye Reporter | Jul 14, 2023

Of the $37.4 billion in taxes collected by Ohio in 2022, $120.8 million came from alcoholic beverages sales tax, a 1.8 percent increase over the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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Senators Vance, Lummis & Marshall To Introduce Legislation To Establish Special Inspector General To Investigate Abuses By Financial Sector Regulators

By Buckeye Reporter Report | Jul 14, 2023

Senators JD Vance (R-OH), Cynthia Lummis (R-WY), and Roger Marshall (R-KS) will introduce the Financial Regulatory Accountability Act to establish an Inspector General within the Treasury Department.

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38 people die from kidney disease in Ohio during week ending July 8

By Buckeye Reporter | Jul 14, 2023

There were 38 deaths from nephritis, nephrotic syndrome and nephrosis reported in Ohio in the week ending July 8, making up 1.7% of total deaths by all causes in Ohio.

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Ohio collected 5.4% more in income taxes in 2022

By Buckeye Reporter | Jul 14, 2023

Of the $37.4 billion in taxes collected by Ohio in 2022, $11.2 billion came from income taxes, a 5.4 percent increase over the previous year, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

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FDA conducted second lowest number of inspections on Biologics companies in Ohio during Q2 2023

By Buckeye Reporter | Jul 14, 2023

The U.S. Food and Drug Administration (FDA) conducted nine inspections at nine Biologics companies from Ohio in the second quarter of 2023.

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Brown, Warnock, Adams, Strickland, Bishop Lead Legislation to Increase the Number of Centers of Excellence at 1890 Institutions

By Buckeye Reporter Report | Jul 14, 2023

U.S. Senators Sherrod Brown (D-OH) and Raphael Warnock (D-GA) and U.S. Representatives Alma Adams (D-NC-12), Marilyn Strickland (D-WA-10), and Sanford D. Bishop, Jr. (D-GA-02) introduced bicameral legislation that would increase the number of authorized Centers of Excellence (COEs) at 1890 Land-Grant Institutions to 10.

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Tribune Chronicle Editorial Board Says Brown “Makes A Strong Case” For Bringing Space Command To Ohio

By Buckeye Reporter Report | Jul 14, 2023

In a new editorial, The Tribune Chronicle writes that U.S. Senator Sherrod Brown (D-OH) “makes a strong case” to bring Space Command and additional Space Force Units to Ohio.

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Brown Announces Nearly $300,000 to Support Semiconductor Technology and Workforce Development at Ohio University

By Buckeye Reporter Report | Jul 14, 2023

U.S. Senator Sherrod Brown (D-OH) announced that the National Science Foundation (NSF) has awarded a $299,999 grant to Ohio University in Athens to explore and develop wearable electronics and engage Ohio students in the semiconductor supply chain.