By: Ken Finley, V&A Risk Services
Last week, the Ohio Bureau of Workers' Compensation (BWC) announced they will return $1.1 Billion back to Ohio employers in the form of a rebate, likely to arrive this summer.
At our recent Focus on Business lunch, elected officials from the Toledo Region came together to discuss the potential of a regional water system. The debate of regional water system has been at the forefront of discussion among elected officials and impacts all of the businesses and residents of our community. Attendees heard from TMACOG President Tim Brown, Lucas County Sanitary Engineer Jim Shaw, City of Toledo Mayor Paula Hicks-Hudson, and City of Sylvania Mayor Craig Stough on the issue.
February is Career and Technical Education (CTE) Month. To celebrate, we highlighted area schools that are providing excellent educational opportunities in CTE. CTE covers a variety of fields, including health care, advanced manufacturing, agriculture, business, cosmotolgy and many more.
By: Tim Schneider, Manager, Local Government Affairs
Local zoning and planning practices can be tools to guide development and good land use, and they can help preserve our valued resources and overall economic wellbeing. The Toledo Regional Chamber of Commerce is advocating for zoning and planning policies that encourage economic development and a strong community in our region.
Here are ten ways the Chamber can help you achieve your New Year’s resolutions!
By: Jim Yates & Sarah Pawlicki, Eastman & Smith Ltd.
On May 12, 2016 OSHA issued a final rule revising its recordkeeping and reporting of occupational injuries and illnesses requirements. In addition to requiring electronic submission of workplace injury and illness information, the regulations include new employer requirements regarding creating and communicating procedures for reporting workplace injury and illnesses and new prohibitions regarding discrimination against an employee for reporting a workplace injury or illness. These revisions will require employers to review and revise several policies and procedures.
By: Brian Dicken, Toledo Regional Chamber of Commerce
Members of the Tax Committee had a discussion with Congressman Jim Renacci, representative of Ohio’s 16th congressional district and member of the House Budget Committee and House Ways and Means Committee. He outlined his federal tax reform plan and shared some of the challenges for implementing significant tax policy reforms. Members of the committee provided feedback on a number of issues presented. He has also been an advocate for an annual Fiscal State of the Union address similar to the President’s State of the Union address. Information about his tax proposal can be found at http://renacci.house.gov/index.cfm/simplifying-americas-tax-system.
By: Attorney Jim Yates, Eastman & Smith Ltd.
On November 22, 2016, a federal district court judge in Texas issued a nationwide injunction blocking the implementation and enforcement of the Department of Labor’s Final Rule dramatically increasing the minimum salary level for exempt employees from $455 per week to $913 per week. The Final Rule was challenged by 21 states and numerous groups representing businesses. In his order, Judge Amos Mazzant, ruled that Congress intended the executive, administrative and
professional exemptions to “depend on an employee’s duties rather than an employee’s salary” and the Final Rule “exceeds its delegated authority and ignores Congress’s intent by raising the minimum salary level such that it supplants the duties test.” The Department of Labor had repeatedly commented that over 4 million currently exempt workers would automatically become non-exempt due to the salary level increase. According to Judge Mazzant, “if Congress intended the salary requirement to supplant the duties test, then Congress and not the Department, should make that change.”
While this preliminary ruling is subject to further consideration and appeal, the new regulations will not be going into effect December 1, 2016, if at all. Stay tuned for further developments on this and other labor and employment issues.
Disclaimer: The article in this publication has been prepared by Eastman & Smith Ltd. for informational purposes only and should not be considered legal advice. This information is not intended to create, and receipt of it does not constitute, an attorney/client relationship.
Do you have a story or would you like to feature something exciting happening in your business? Please contact Emily Dammeyer, Communications Manager, Toledo Regional Chamber of Commerce.
By: Brian Dicken, VP Advocacy and Public Policy, Toledo Regional Chamber of Commerce
The results are in. Now what?
Most of the attention over the past 6 months or so has been focused on the presidential election. While it is significant, many times it is the local and state elected officials and property taxes that have a great impact on your business.
Why should you watch the presidential debate with EPIC next Wednesday?
Join us next Wednesday at The Blarney for fun, politics, and prizes! We will have information about local and state elections as well as tune in to the presidential debate. RSVP