Beginning with the tax year 2022, any owner of real property exempt from Ohio real estate taxes will be required to notify their respective county auditor if the realty ceases to qualify for such tax exemption. The owner of the exempt property must notify the auditor of the loss of exemption by December 31 of the […]
On May 29, the Equal Employment Opportunity Commission (“EEOC”) issued guidance regarding permissible actions of employers vis-a-vis employees in connection with requiring COVID-19 vaccinations and the offering of incentives. As indicated in an earlier advisory, employers can require on-site employees to receive the COVID-19 vaccination subject to certain religious and medical accommodations. Employers can also require that employees provide […]
This is the third and last installment of advisories discussing recently enacted Ohio Senate Bill 57 (the “Bill”) and its impact on Ohio real property tax reductions and exemptions. Frequently, commercial and industrial property leases require the tenant to pay all expenses attending the realty leased, including real estate taxes. However, historically, under applicable law, such a business tenant could […]
In last week’s Advisory, we reported that Ohio Governor Mike DeWine had signed S.B.57 (the “Bill”) which allows for applying to reduce real property taxes due to circumstances directly related to COVID-19. Also contained within the Bill are provisions which solidify the exemption from real property taxes for §501(c)(3) organizations which provide supported housing to individuals diagnosed with […]
Ohio’s new employment discrimination law, the Employment Law Uniformity Act (the “Act”) took effect April 15, 2021. This law (House Bill 352) has already created a landslide of new employment lawsuits chiefly because the statute of limitations for the filing of employment discrimination claims has been reduced from 6 to 2 years. To counterbalance this reduced statute of limitations, the […]
The subsidy of Small Business Administration (“SBA”) loan repayments offered by the CARES Act has been extended by the newly enacted Economic Aid to Hard Hit Small Businesses, Non-Profits and Venues Act (the “Act”). For existing SBA borrowers with currently serviced loans, the government will now pay principal, interest and fees for those loans for an additional […]
On January 12, 2021, Governor Mike DeWine signed into law Ohio HB 352 amending the Ohio Civil Rights statutes, Chapter 4112 of the Revised Code. The amendments will go into effect April 13, 2021. The amendments to the Ohio Civil Rights statutes address and clarify a number of issues that are relevant to employers of four or more employees. The […]
Ohio has adopted a modified Limited Liability Company law which becomes effective on January 1, 2022 for all Ohio LLCs and foreign LLCs doing business in Ohio (Senate Bill 276). One of the most important features of the new law is facilitation of the formation of so-called “series” LLCs. One benefit of a series LLC is that […]
