The county council’s Office of Legislative Oversight (OLO) has submitted its economic impact statement on Council Member Will Jawando’s bill to repeal the county’s tip credit for minimum wage. And OLO’s judgment is unambiguous: the bill would damage Montgomery County’s economy. OLO begins with this summary. OLO anticipates that enacting Bill 35-23 would have a net negative impact on economic conditions in the County in terms of the Council’s priority economic indicators.