On February 12, 2013, a new budget and tax reform plan known as House Bill 59 was introduced. Under the proposal, Ohio’s sales tax rate would have been lowered from 5.5% to 5%. To make up for the lost revenue resulting from the lowered tax rate, all service transactions would have been taxable unless specifically “exempted” under the law. If passed, the new law would have taken effect on September 1, 2013. As all board members are well aware, most maintenance fee dollars are expended for services and as such, this proposed legislation could have had a significant negative impact on all community associations.  Read More……