Ohio Republican House leaders shared their version the state's two-year spending plan on Tuesday, with House Speaker Matt Huffman hoping to vote on the bill this week. The bill nixes tax increases proposed by Ohio Gov. Mike DeWine on gambling, cigarettes, and marijuana.
DeWine's proposal clocked in at $218 billion over two years, with proposed tax increases on gambling, marijuana, and cigarettes. DeWine envisioned a fund for stadium improvements underwritten by gambling receipts, and a $1,000 refundable child tax credit funded by cigarette taxes.
Tax-averse Republicans in the House turned him down.
"There are no tax increases in this budget," Stewart explained. "We are not raising taxes on sports betting, marijuana or tobacco products. If there was a tax credit program that was tied to those tax increases, we have not included that in this budget either."
Read more at: BG Independent News