As a conservative Republican, I firmly believe in the principle of allowing the marketplace to drive competitiveness and the overall economy. Government regulations and mandates often weigh down the economy instead of benefitting businesses, which can lead to a lull in our state’s overall growth. With that in mind, it is still the job of the state government to enact policies that will encourage economic growth, put more money back into the pockets of Ohioans, and allow them to reinvest their savings in our state.

Building from that founding principle, the state legislature recently passed legislation that does just that, Senate Bill 9. This bill establishes Ohio’s third annual sales tax holiday during the first weekend of August this year. On August 4, 5, and 6, the purchase of clothing, school supplies, and instructional materials will be exempt from the sales and use tax. Items of clothing are given a limit of up to $75 each while school supplies and materials have a limit of $20 each.

Studies have proven Ohio’s past sales tax holidays to be advantageous to Ohioans—during the 2015 sales tax holiday, consumers saved approximately $3.3 million in taxes. The sales tax holiday is strategically scheduled during the peak of back-to-school shopping, helping families save money on certain purchases to get their children started off on the right foot at the beginning of the school year. Back-to-school expenses can be costly for many families, but this bill will help keep more money in your pockets while shopping for your children this August.

On that same train of thought, I introduced legislation that would authorize a sales and use tax trade-in credit for purchases of used vehicles from a licensed dealer. A similar tax credit is already available for the purchase of a new car, but even with that, many families still cannot afford the accompanying price tag. House Bill 216 would expand the trade-in credit to used vehicles traded in for other used vehicles. Again, this simple change can be huge benefit to all Ohioans, but especially those who need a little help when making big purchases.

As your state representative, it is my job to support policy changes that will ultimately benefit you and make Ohio a better place to live, without expanding the reach of government. At the end of the day, you should keep more of your hard-earned money, and the state must encourage policies that allow you to do that while still making decisions that are best for your family.

Featured Posts

Representative Hambley Appointed To Co-Chair Of Newly Created Economic Development Committee

Columbus - 

State Representative Steve Hambley (R-Brunswick) this week was appointed by Ohio House Speaker Ryan Smith (R-Bidwell) to serve as Co-Chair of the Regional Economic Development Alliance Study Committee.