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Robert Cole Sprague (born April 18, 1973) is an American politician serving as the 49th and current Ohio Treasurer of State.Prior to his election as treasurer, he represented the 83rd district in the Ohio House of Representatives, and served as city auditor and treasurer in his hometown of Findlay.
Before Ohio became a state, John Armstrong was Treasurer-General of the Northwest Territory from 1796 to 1803. [2] He was appointed to the post by the United States Congress. Under the first constitution of Ohio, 1803 to 1851, the state legislature appointed a treasurer. [2] Since the second constitution in 1852, the office has been elective. [2]
The purpose of Build America Bonds, commonly referred to as BABs, is to reduce the cost of borrowing for state and local government issuers and governmental agencies.Some traditionally tax-exempt issuers, such as private party issuers and 501(c)(3) organizations, were not eligible to use the Build America Bond program.
3. Series I bonds and EE bonds. While not as tax-friendly as municipal bonds, Series I bonds and EE bonds offer some attractive tax advantages. The interest earned is typically free from state and ...
On one end of the spectrum, a rigorous 'but for' test is employed, akin to those used in tax-exempt bond financing under federal tax law and in numerous state-taxable bond issuance programs. This test necessitates a demonstration that the business activity would not have occurred 'but for' the incentive. [ 19 ]
Bexley and Marysville schools seek levies to fund operations while 8 central Ohio school districts are seeking funds for ... For premium support please call: 800-290-4726 more ways to reach us.
Under this example, a homeowner with income of $50,000 whose property tax was $3,000 would get the full $1,500 credit and end up paying a net $1,500 in property tax.
2.6.2 Amend Information Reporting Requirements to Include Interest on Tax-Exempt Bonds 2.6.3 Amortization of Geological and Geophysical Expenditures for Major Integrated Oil & Gas Companies 2.6.4 Limitation on Certain Corporate "Cash Rich" Spin-Off Transactions