The Ohio House of Representatives passed legislation that aims to allow wholesalers experiencing “bad debt” to claim a refund on cigarette, tobacco and vapor products from the state for the tax they pay upfront when they are unable to obtain reimbursement from a retailer.
The House passed the legislation by an 85-3 vote with all Republicans and all but three Democrats voting in favor of the bill.
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State Representative Derek Merrin (R-Monclova Township) has been elected as the new Speaker of the Ohio House of Representatives for the 135th General Assembly as reported by a release from the Ohio House.
The GOP Caucus selected Merrin, a 36-year-old Realtor, and real estate investor as the House Republicans’ pick for speaker over two rivals. State Representative Bill Dean (R-Xenia) organized and led the leadership election. The caucus’ newly elected and returning members participated in the vote.
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House Republicans are arguing against a Democratic proposal to increase the $7,500 taxpayer-funded credit for electric car purchases to as much as $12,500, arguing that it would disproportionately help wealthy Americans who can afford to buy pricey electric vehicles.
Democrats on the House Ways and Means Committee have proposed increasing the credit as part of their party’s filibuster-proof $3.5 trillion budget reconciliation bill, which includes new social programs and billions for electric vehicle infrastructure.
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Ohio’s Speaker of the House Larry Householder announced Scott Lipps, Derek Merrin and Tim Ginter would become the new Chairmen to lead three different committees left vacant by Ohio House members leaving.
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