Jim Renacci | |
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Member of the U.S. House of Representatives from Ohio's 16th district |
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Assumed office January 3, 2011 |
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Preceded by | John Boccieri |
Mayor of Wadsworth | |
In office 2004–2008 |
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Preceded by | Caesar A. Carrino |
Succeeded by | Robin L. Laubaugh |
Personal details | |
Born |
Monongahela, Pennsylvania |
December 3, 1958
Political party | Republican |
Spouse(s) | Tina |
Children | Drew, Ryan, Rhiannon |
Residence | Wadsworth, Ohio |
Alma mater | Indiana University of Pennsylvania |
Religion | Roman Catholicism |
Website | [www.renacci.house.gov] |
James B. "Jim" Renacci /rᵻˈneɪsi/ (born December 3, 1958) is an American politician who has been the U.S. Representative for Ohio's 16th congressional district since January, 2011. A member of the Republican Party, he is an Ohio entrepreneur and served for a time as Mayor of Wadsworth, Ohio.
On November 6, 2012, Renacci defeated Betty Sutton, as redistricting forced the two incumbents to run against each other. Sutton was defeated by a vote of 181,137 to 165,636 in the new, Republican-leaning district. Because of the redistricting, Renacci became the first person to defeat two incumbents in two consecutive house races.
Jim Renacci was born December 3, 1958, in Monongahela, Pennsylvania. Renacci’s father was a railroad worker and his mother was a nurse. Renacci earned a degree in business administration from Indiana University of Pennsylvania and became a Certified Public Accountant and financial advisor.
In 2012, The Christian Science Monitor included Renacci in its list of the 10 richest members of Congress. As of 2010, it was estimated that Renacci was worth between $35 and $100 million and made salary, interest and other income of between $500,000 and $4.3 million in 2008 and 2009. In June 2006, the Ohio Department of Taxation assessed Renacci $1.4 million in back taxes, interest and penalties for disclosed but unreported year 2000 income. Renacci stated that the dispute stemmed from a change in Ohio tax policy which he disputed. He and his wife paid the State of Ohio more than $1.3 million, along with approximately another 1000 Ohio citizens who also fought the dispute. In June, 2016, the Renacci's won their case against the State of Ohio after appealing to the Ohio Surpreme Court. The court's unanimous decision affirmed they had properly appealed the tax assessment in June 2006.