Zaino Hall & Farrin LLC

41 South High Street, Suite 3600
Columbus, Ohio 43215

614-326-1120

855-770-1120 (toll free)

Fax: (614) 754-6368

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GOVERNOR JOHN KASICH SIGNS OHIO BUDGET BILL INTO LAW

June 30, 2015

 

Today, Ohio Governor John Kasich signed Ohio's Biennial Budget Bill, Am. Sub. H.B. 64 (the Budget Bill), into law. The Budget Bill delivers a 6.3% across the board personal income tax cut for all Ohioans, along with broad tax cuts for the owners of small businesses that are phased in over two years. The $1.85 billion of tax cuts are largely funded out of the improving economy and a 35 cents per pack Cigarette Tax increase. While the Governor exercised his line item veto power on several tax related provisions, the major tax provisions borne out of the General Assembly have stayed largely intact. 

 

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