Speaker Rosenberger Applauds Passage Of Budget Bill
Am. Sub. House Bill 64 appropriates funding to various projects in southwest Ohio
 
 
COLUMBUS - 

Speaker of the Ohio House Clifford A. Rosenberger (R-Clarksville) today applauded the House passage of Amended Substitute House Bill 64, the biennial state budget bill that provides tax relief to all Ohioans, allocates funding to schools, and provides support to community projects across the state, including in southwest Ohio.


As part of Am. Sub. House Bill 64, Ohioans will see a sizable tax cut totaling $1.2 billion over the biennium with a 6.3 percent across-the-board income tax reduction beginning this year, lowering the top rate to just under 5 percent—the lowest it has been since 1982. The bill prioritizes small businesses by permanently instituting a 75-percent tax deduction for the first $250,000 in income, ensuring that businesses can grow and provide jobs.


The budget also includes various funding allocations for projects that matter to the people of southwest Ohio. For Fiscal Year 2016, the Murphy Theatre, located in downtown Wilmington, will receive $500,000 for restoration projects and maintenance of the historic building. Additionally, state funding for indigent defense will increase by $12 million to provide options for those in the community who can’t afford an attorney and are in need of representation.


In preparation of BRAC,  military installations in Ohio, including the Wright-Patterson Air Force Base in Dayton, will receive funding totaling $5 million through the creation of the Ohio Military Facilities Commission. The provision in the budget works to encourage job growth, provide national defense and support local communities.


“This House budget seeks to benefit all Ohioans in terms of tax relief and school funding,” Speaker Rosenberger said. “But it also benefits those in southwest Ohio through the funding of various projects and I appreciate those in the region for voicing their concerns. I look forward to continuing to work to better our community each and every day.”


Am. Substitute House Bill 64 will now head to the Senate for further consideration.

 
 
 
  
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