New Akron Legislation Aims to Increase Income Tax Revenue Through Construction Contractor RegistrationsNews Article
The City of Akron recently passed three new pieces of legislation aimed at boosting city coffers by requiring contractors to take additional steps prior to performing work in the city:
- Ordinance No. 412-2016 authorizes the Tax Administrator to accept information from third parties regarding contractor non-compliance with registration and income tax requirements (ORD. NO. 412-2016);
- Ordinance No. 413-2016 requires all building construction contractors to register with the Director of Public Service prior to obtaining a building permit and submit to the Tax Administrator (i) a copy of the building permit, (ii) an estimate of total work hours on the project, (iii) an estimate of the wage of each person employed on the project, and (iv) a list of all subcontractors on the project (ORD. NO. 413-2016); and
- Ordinance No. 414-2016 requires all building construction contractors to register with the Director of Public Services prior to undertaking or performing work in the City of Akron which requires a permit (ORD. NO. 414-2016).
For more information on this legislation and its impact on contractors in the City of Akron, contact Brennan Manna Diamond’s construction law attorneys at (330) 253-5060.