House Finance Chairman Ryan Smith Applauds Gov. Kasich For Signing State Budget Bill
Am. Sub. H.B. 64 helps families and communities of southeast Ohio
July 07, 2015
 
[ Ryan Smith Home | Ryan Smith Press ]
 
 
COLUMBUS - 

State Representative Ryan Smith (R-Bidwell) applauded Governor John Kasich’s signing of Amended Sub. House Bill 64, the state operating budget, which contains several items beneficial to the people and communities of southeast Ohio.


Smith, who chaired the Ohio House Finance Committee, was active in securing a number of projects important to the region, including:



  • Prohibiting      the multi-state consortium testing from being administered next year

  • Allocating      funds to the Healthy Food Financing Initiative to combat food deserts

  • Expanding      drug courts to area counties to combat the drug epidemic

  • Increasing      funding to Appalachian Local Development Districts used to spur economic      development

  • Directing      $75,000 per year to the Ohio University Leadership Project

  • Increasing      funding for the Appalachian New Economy Partnership to $1.5 million

  • Directing      key resources to improve maternal and child health outcomes in southern      Ohio


“This budget prioritizes job creation through a nearly $1.9 billion tax cut, while also adding essential resources to southeastern Ohio,” said Smith. “Area counties will have more tools to fight the drug scourge with expanded drug courts and increased addiction treatment services. Am. Sub. HB 64 moves Ohio forward with smart investments that will build a stronger Ohio.”


The budget bill also contains an across-the-board 6.3-percent income tax cut totaling nearly $1.9 billion over the next two years. The proposal lowers the top rate to below 5 percent—the lowest it’s been since 1982. Furthering that trend, and prioritizing small businesses, the bill institutes a 75-percent income tax deduction on the first $250,000 of income in FY’ 2016 and a 100-percent deduction in FY’ 2017, and levies a flat 3 percent rate above that.


Am. Sub. H.B. 64 works to help individuals move up and off government assistance in order to have a better quality of life by implementing cost transparency measures in Medicaid and requiring the Department of Medicaid to seek waivers to allow for health savings accounts. With a focus on curtailing the drug epidemic, the bill also earmarks $500,000 to improve access for county health departments and first responders to naloxone, an anti-opiate drug that reverses the effects of an overdose.

 
 
 
  
Featured Posts

Rep. Ryan Smith Announced As Chair Of House Finance Committee

 
COLUMBUS - 

Speaker of the Ohio House Clifford A. Rosenberger (R-Clarksville) today announced that State Representative Ryan Smith (R-Bidwell) will continue to serve as Chairman of the House Finance Committee for the 132nd General Assembly, after previously serving as chair in the 131st General Assembly.



 
 

Milestone Reached To Bring Grocer To Vinton County

 
Columbus - 

State Representative Ryan Smith (R-Bidwell) today announced that preliminary terms between the Finance Fund and Campbell’s Market have been agreed upon to bring a grocery store to Vinton County.  



 
 

State Rep. Ryan Smith Welcomes Ohio House Agriculture And Rural Development Committee To Gallia County

 
Columbus - 

The Ohio House Agriculture and Rural Development Committee held a hearing yesterday in Bidwell at Green Valley Gathering Place, focused primarily on livestock.



 
 

Conference Report On State Operating Budget Passes Ohio House

 
COLUMBUS - 

The Ohio House of Representatives today approved the conference committee report for Amended Substitute House Bill 64, which is the state operating budget. The legislation lowers the income tax, ensures adequate funding for Ohio schools, freezes tuition costs on colleges and helps small businesses. It is now being sent to the Governor for his signature.