Columbus - 
Today, State Senator Kris Jordan (R - Powell) testified before the Senate Ways and Means and Economic Development Committee regarding Senate Bill 90, which would permanently repeal Ohio's death tax. The repeal would be retroactive to January 1 of this year. "Ohio's death tax directly impacts our middle class and our senior citizens," Jordan said. "It has an immeasurable impact on the financial decisions of our retired senior citizens, who are forced to make the choice between staying in Ohio to be close to their families, or moving to a state with no death tax and being able to pass on their life's savings and assets to their children, and that is a choice no one should have to make." Ohio is one of 20 states in the country that currently has an estate or inheritance tax law on its books. Of these states, Ohio's exemption for an individual's estate - $338,333 - is the lowest. "The death tax also impacts our state's family farmers. Agriculture has long been a way of life in our state, and this tax robs our farmers of the capital necessary to continue that tradition. This same negative impact is also felt by small businesses throughout Ohio," Jordan continued. "To me, it's unconscionable to continue to have a tax on the books that generates less than 1 percent of our state's revenue and forces businesses to take their jobs to other states."
Jordan represents Ohio's 19th Senate District, which includes Delaware, Knox, Morrow, Richland, and part of Ashland counties. Prior to serving in the Senate, he served as a State Representative and as a Delaware County Commissioner. He is a proven advocate for spending restraint, lower taxes, and family values. He lives in Powell with his wife, Melissa.
 
 
 
  
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