By Kantele Franko, Associated Press
COLUMBUS, Ohio (AP) — Ohioans would see lower income taxes and more money for water quality initiatives, local governments and libraries under a two-year state budget proposal introduced Tuesday in the Republican-controlled state Senate.
Unlike the $69 billion proposal approved by the GOP-led House, the Senate version would maintain tax credits for the motion picture industry. The proposal also includes $550 million that Republican Gov. Mike DeWine proposed to boost educational wraparound services , plus $125 million more toward education-related spending, including private-school scholarships and more money for growing school districts whose funding has been capped.
Ohio tax revenue has exceeded projections this fiscal year. Senate President Larry Obhof (AWB’-hawf) says lawmakers have factored that cushion into their considerations.
They face a June 30 deadline to get a budget signed by DeWine.
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