Ohio Budget Set For Senate Vote, Then More Talks

By
Associated Press

Dateline
Updated Thu, Jun 6, 2013 8:31 am

A state budget that revamps Gov. John Kasich's school funding proposal and restores small-business tax relief is poised for passage in the Ohio Senate.

The GOP-led chamber has scheduled a floor vote Thursday on the $61.7 billion, two-year spending blueprint.

The Senate Finance Committee approved the budget bill along party lines Wednesday after making a host of changes. That included boosting K-12 education funding over what the House supported and stripping out what was left of Kasich's proposed statewide income-tax cut in favor of small-business exemptions.

Neither chamber supported Kasich's proposals for broader tax reform, including expanding the state's sales-tax base and increasing severance taxes on oil and gas.

Senate approval will send the bill into bipartisan compromise talks that must wrap up by a June 30 deadline.

Tags: