COLUMBUS - 

State Representative Marlene Anielski (R-Walton Hills) voted for legislation that addresses language in the state budget bill dealing with funding for schools in relation to phase-outs of the Tangible Personal Property tax, as well as tax cuts for small business owners throughout Ohio.


“Encouraging education is a priority for this legislative body, and allocating the proper funding will take unneeded stress off of our educators, provide opportunity for our students, and benefit our community as a whole,” Rep. Anielski said. “Our school districts are key in our students being successful in the future.”


Senate Bill 208 addresses language in the state operating budget (Am. Sub. HB 64) regarding supplemental funding to protect school districts from Tangible Personal Property tax reimbursement phase-outs. The state budget bill allowed the TPP phase-outs to continue, but provided a temporary back-fill of funding to protect schools from the phase-outs. For FY’17, Senate Bill 208 provides a supplement of 96 percent of what a school district would have received.


SB 208 ensures that no school district receives less than 96 percent of what they received in FY’15 in foundation formula aid and TPP reimbursement payment.


Specifically in the 6th House District, the legislation provides a total of more than $5.2 million in TPP supplement funding in FY’17 for Solon City Schools, Mayfield City Schools and Brecksville-Broadview Heights Schools.


Senate Bill 208 also preserves tax cuts for small business owners. The state operating budget included a provision that provided a 75-percent income tax cut for small businesses on the first $250,000 of income, with a flat 3-percent income tax rate on income above that level.


The legislation now goes back to the Senate for further consideration. 

 
 
 
  
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