Rep. Baker introduces bills aimed at job creation
State Representative Nan Baker (R-Westlake) recently introduced legislation that, when enacted, will help unemployed Ohioans find gainful employment and revitalize Ohio’s economy.
House Bill 17 authorizes a $2,400 income tax withholding credit for an employer who hires and employs a previously unemployed individual. Originally proposed by Rep. Todd Snitchler (R-Uniontown) during the 128th General Assembly, this bill is a component of the “Future of Ohio” Economic and Small Business Development Initiative.
“This legislation will help our state combat our current economic problems on two fronts,” said Rep. Baker. “In addition to easing some of the financial pressures that have hit local businesses, House Bill 17 will also give unemployed Ohioans the opportunity to get back to work. I believe that this initiative will have a multiplier effect on our immediate and long-term economy.”
Rep. Baker also reintroduced a bill to enact a nonrefundable tax credit for businesses that increase payroll and expand into vacant facilities. House Bill 18 will encourage both existing and prospective companies to house their businesses within a vacant facility rather than building a new structure on a piece of property. Rep. Baker first introduced this legislation in February 2010 during the previous legislative session.
“Through House Bill 18, communities that have been hit by job loss and industry deterioration will be revitalized with new jobs and economic growth,” said Rep. Baker. “I hope that these bills move quickly through the Legislature as we strive to bring jobs back to our communities."
House Bills 17 and 18 have been assigned to the House Ways and Means Committee, where they will undergo further consideration and debate.