Deadline fast approaching for new proposed Ohio redistricting change: Capitol Letter
Today 8:00 AM
Ohio Senate President Matt Huffman, a Lima Republican, explains to reporters his reasoning for proposing allowing lawmakers to change the state s redistricting deadlines on Tuesday, April 27, 2021.
Facebook Share
Rotunda Rumblings
New deadline crunch: The state legislature has until next week to carry out Senate President Matt Huffman’s last-minute plan to ask voters to let lawmakers change the deadlines for Ohio’s upcoming redistricting process. Per Andrew Tobias, Huffman wants to place a constitutional amendment on the ballot for the Aug. 3 election, the filing deadline for which is May 5. Huffman, a Republican, also said he thinks Democratic opposition would tank the plan, so he plans to not move forward with the proposed amendment if there isn’t bipartisan support.
AP Photo/Tony Dejak, File
CLEVELAND (AP) The failure of an Ohio-based electric truck startup to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.
Lordstown Motors Corp. stock has plummeted from nearly $31 a share on Feb. 11 to just over $10 on Tuesday in the wake of a U.S. Securities and Exchange Commission inquiry and the filing of four potential class-action lawsuits by investors who claim they have been defrauded.
The company appeared to be primed for success last June during a showcase event at the massive former GM plant outside Youngstown, Ohio. Then-Vice President Mike Pence sat in the passenger seat of an Endurance prototype as it rolled onto a stage to hearty applause. Noisy, colorfully lit robots building nothing gyrated nearby.
Lordstown Motors: missed payment on taxes was an error wfmj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wfmj.com Daily Mail and Mail on Sunday newspapers.
Special to the Journal
LORDSTOWN Lordstown Motors Corp. skipped its first-half 2020 property tax payment in March, racking up a hefty penalty in doing so.
Records from the Trumbull County Auditor’s and Treasurer’s offices show the startup electric-truck manufacturer did not pay the $570,958 tax bill due March 5 for four pieces of property it owns, including the land where its assembly factory in Lordstown sits.
Because the company missed the deadline, it was assessed a 10 percent penalty that’s added to the bill.
According to parcel data with the auditor’s office, Lordstown Motors owes $424,109 for 386.6 acres it owns at 2300 Hallock Young Road, which is the location of the factory, the former General Motors assembly complex.
RIDE INVESTOR REMINDER: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.