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Ohio Tax Restructuring, Issue 2 (1980)

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The Ohio Tax Restructuring Initiative, also known as Issue 2, was on the November 4, 1980 ballot in Ohio as an indirect initiated state statute, where it was defeated.[1] This statute would have restructured state taxes on personal income, real estate, corporations, and personal property.

Election results

Ohio Issue 2 (1980)
Defeatedd No3,000,02877.31%
Yes 880,671 22.69%

Election results via the Ohio Secretary of State.[2]

Text of measure

The language appeared on the ballot as:[3]

Proposed Law

To amend Sections 5703.052, 5711.22, 5733.05, 5733.06, 5733.09, 5739.01, 5739.02, 5747.111, and 5747.99, to enact section 5747.053, and to repeal sections 1728.02, 1728.03, 1728.04, 1728.05, 1728.06, 1728.07, 1728.08, 1728.09, 1728.10, 1728.11, 1728.111, 1728.12, 3735.66, 3735.67, 3735.68, 3735.69, 3735.70, 5733.061 of the Revised Code.

This proposed law would restructured state taxes on personal income, real estate, corporations, and personal property by:

  1. restructuring the corporate franchise tax and eliminating certain deductions
  2. eliminating the impacted cities and community reinvestment area programs
  3. increasing the taxes on certain tangible personal property used in business
  4. imposing the state sales and use tax on some transactions currently exempted from this text
  5. granting income tax credits for certain homeowners and renters up to a maximum of $300 per year
  6. increasing the tax rate for persons earning over $30,000 per year.
If adopted, this amendment shall take effect December 4, 1980.

Shall the proposed law be adopted?[4]

See also

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