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The Ohio Senate passed the state budget bill Wednesday which sets up a likely conference committee where the House and Senate must agree on a final spending measure to send to the governor.
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The Ohio Senate Finance Committee has sent the latest budget proposal for a floor vote after adding more than 100 amendments to the bill. Republican Senate leaders say the measure is making more investments to help people.
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A group of business leaders and child care advocates are asking state lawmakers to keep the Step Up To Quality rating system.
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According to an analysis from Policy Matters Ohio, the tax cut would mostly benefit the wealthiest people.
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The potential changes in past and future abatements might make Ohio cities less attractive to businesses.
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There are $1.3 billion in tax cuts in the Senate version of the budget, which Republican Senate leaders say are paid for with spending cuts. Among them is the elimination of $190 million for grants for broadband expansion that’s in the House’s budget.
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Republican leaders of the Ohio Senate have proposed a $75-billion-dollar, two-year budget that includes a 5% across-the-board income tax cut – which is a boost from a 2% cut in the House budget.
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Sen. Matt Dolan says lower taxes are good for the growth of the economy.
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Senators are weighing in on the $74 billion state budget plan that makes tax cuts and overhauls school funding.
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The 2% tax cut will result in a decrease of $380 in revenue over two years, and questions remain about the school funding formula.