Authorize CAT exclusion for contractor payments to subcontractors

SB 325 amends Ohio's tax code to allow contractors to exclude payments made to subcontractors from the Commercial Activity Tax (CAT). This change directly affects contractors who hire subcontractors for construction or similar projects, as it removes those specific payments from the tax base. The bill modifies section 5751.01 of the Revised Code to create this exclusion, meaning contractors would no longer pay CAT on amounts paid to subcontractors. This is a technical adjustment to the tax calculation, not a new tax or benefit.