Ohio Senate Passes Budget Proposal - Conference Committee Next
More Small Business Income Tax Cuts Added, with Few Corresponding Tax Increases
Today, the Ohio Senate, led by President Keith Faber, passed its version of the biennial budget bill, Amended Substitute House Bill 64 ("the Senate Proposal"). The Senate Proposal was enacted by a vote of 23 to 10. The House is expected to vote for non-concurrence later today. As a result, a Conference Committee will have to hatch out a compromise between House and Senate budget proposals and send the final bill to Governor John Kasich for his signature and possible line item vetoes no later than June 30, 2015.
