The Ohio House on Wednesday voted 70-27 to send House Bill 110, the biennial budget, to the Senate, wrapping in the school funding overhaul plan from House Bill 1 and including a 2% across-the-board income tax cut, which would put more than $300 million back in taxpayers’ pockets. The Ohio Senate has already begun its own hearings on the legislation. The General Assembly must send the final bill to Gov. DeWine for signature by the end of June as Ohio’s fiscal year begins July 1.
House Bill 110 – also appropriates $155 million in COVID-19 relief for small businesses and adds more oversight of the executive branch, including the creation of a Joint Legislative Oversight and Review Committee of Federal COVID Relief Aid and the referral of more spending initiatives by state agencies to the Controlling Board for approval.