Columbus Council Approves Financial Penalties For Sellers Failing To Pay Ticket Tax
Columbus City Council last night approved legislation creating a financial penalty on secondary market sellers who fail to pay the city’s ticket tax for sporting events and shows.
City officials recently said after four months of collections, revenues were on pace to reach 25 percent of the 9 million dollar annual projection. Council President Shannon Hardin sponsored the legislation:
Council also without comment indefinitely tabled a tax break for a major drug firm that is a plaintiff in dozens of lawsuits over the opioid crisis. Mayor Andy Ginther's administration proposes a 10-year, 75 percent property tax abatement for AmerisourceBergen to build a warehouse on LaSalle Drive. Last year, the city and state gave CoverMyMeds, a subsidiary of the McKesson drug firm, generous tax breaks to build a new facility downtown. The city is suing both companies. Council last night did approve an enterprise zone agreement for Donley Concrete Cutting Company to move it's operations out of Pickerington. Sponsoring Council member Emmanuel Remy:
According to the legislation, the deal is worth more than 1.3 million dollars to the company.