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Senate Passes 2-Year Budget Deal And Sends It To Trump
By: Claudia Grisales | NPR
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The compromise was negotiated between the administration and Hill leaders and avoids a fiscal fight around the 2020 election. The deal suspends the debt limit for 2 years, heading off a default.
Governor Vetoes Tax Break For Wealthy Taxpayers Added Late To Budget
By: Karen Kasler | Statehouse News Bureau
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One of Gov. Mike DeWine’s 25 vetoes on the state budget struck a provision that was added at the last minute – a property tax reduction for certain homeowners in one wealthy school district, but not others. Hunting Valley is a village of 700 people just east of the outerbelt around Cleveland. It’s one of the wealthiest communities… Read More
Lawmakers Send Belated State Budget to Governor
By: Associated Press
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COLUMBUS, Ohio (AP) – Ohio would cut personal income taxes by 4%, raise the age for buying tobacco to 21 and direct $550 million for educational wraparound services such as mental health counseling under the two-year state budget that lawmakers belatedly sent Wednesday to the governor. The Republican-led Legislature passed a $69 billion spending plan… Read More
Lawmakers to Vote on Belated State Budget as Deadline Looms
By: Associated Press
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COLUMBUS, Ohio (AP) – Ohio lawmakers are expected to vote on a proposed two-year state budget Wednesday, hours before the extended deadline to pass the $69 billion spending plan. The latest version , approved Tuesday by a conference committee, includes a 4% personal income tax cut and $550 million for educational wraparound services such as… Read More
4% Tax Cut, Pharmacy Compensation in Ohio Budget
By: Associated Press
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COLUMBUS, Ohio (AP) — The latest version of Ohio’s proposed two-year state budget would cut personal income taxes by 4%, keep a debated business tax break and change how pharmacy benefits are administered for Medicaid users to boost transparency and control those costs. The plan passed Tuesday by a conference committee also would direct $100… Read More
Still No Budget With Two Days Left Til 17-Day Extension Expires
By: Karen Kasler | Statehouse News Bureau
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Budget talks between leaders of the House and Senate are being described as very positive with solid progress moving forward, but a deadline is coming Wednesday. Two sticking points appear to be the House’s drop in the income tax deduction many small businesses can take, and the Senate’s increase of the House’s income tax cuts. Sen. Dave Burke… Read More
Democrats Question Time Spent On Abortion Bills Instead Of Budget
By: Jo Ingles | Statehouse News Bureau
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Ohio is operating on a budget extension since lawmakers failed to pass a new two-year state budget by the constitutionally mandated June 30th deadline. Some Democrats are whether time that was spent on a controversial abortion law recently put on hold by a federal court could have been used better hammering out details of the state budget…. Read More
School Funding Formula Proposal Releases Estimates For Each School District
By: Andy Chow | Statehouse News Bureau
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School administrators are looking through the latest estimates from a new school funding formula proposal. While many lawmakers and some larger education groups, such as the Ohio Association of School Business Officials, have come out in support of the plan, there are individual school districts that are still not on board. The Cupp-Patterson school funding formula, HB305, proposes… Read More
Senate Passes Budget Unanimously For The First Time Since 2007
By: Karen Kasler | Statehouse News Bureau
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For the first time in 12 years, a two-year state operating budget has passed the full Ohio Senate without a single “no” vote. That sends the $69 billion spending plan to a conference committee to work out conflicts with the House version of the spending plan. Finance Chair Matt Dolan (R-Chagrin Falls) said children and… Read More
Final Senate Budget Unlikely To Include More Local Government Money
By: Karen Kasler | Statehouse News Bureau
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The final version of the Ohio Senate’s budget is expected Wednesday. While there will certainly be some proposals added in, some things are unlikely to change – such as the money that goes to a fund that’s been decimated over the last eight years. The initial Senate budget cuts taxes by $700 million over two… Read More