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Chairman Edwards Votes in Favor of State Operating Budget

April 26, 2023
Jay Edwards News

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COLUMBUS—The Ohio House of Representatives today passed House Bill 33, the State Operating Budget for fiscal years 2024-25, announced Chairman of the House Finance Committee, State Rep. Jay Edwards (R-Nelsonville).

The House-led budget commits substantial resources to economic and workforce development, family enrichment, and education for Ohioans of all ages. House Bill 33 is a fiscally responsible balanced budget that supports everyday Ohioans and lays the foundation for the future by strategically investing state resources.

The House budget positively impacts Ohioans in every district by continuing to lower Ohio taxes. The budget flattens and reduces the state income tax from the bottom up by 2.75% for individuals making up to $92,000 a year, providing tax relief to the vast majority of Ohioans.

“I am proud of my House colleagues for leading the charge on this budget,” said Edwards. “The House budget will have a long-term impact on every Ohioan, every community, and every district.”

This legislation also commits $500 million to the All Ohio Future Fund. This fund prepares locations throughout the state to be ready for large-scale development projects, which result in positive economic activity and job creation. 

Additional appropriations highlighted by Edwards are as follows:

-          More than $16.2 billion to fund the Fair School Funding Plan 

-          $100 million for new training facilities and workforce development capacity at Ohio’s colleges, universities, and training providers

-          $65 million for critical upgrades at Ohio’s Veterans Homes

-          $250 million for family and children services programming, such as multi-system youth, public children's service agencies, and kinship care programs

The state operating budget is a two-year budget that funds the operation of state agencies and programs. 

The budget awaits consideration from the Ohio Senate.