On Tuesday, the Ohio Senate introduced its revamped version of H.B. 59, Governor John Kasich's two-year budget. Containing more than 300 amendments, the substitute bill removes House Republicans' seven percent income tax cut for all Ohioans while resurrecting the governor's 50 percent income tax deduction for small business owners.
Senate President Keith Faber (R-Celina) said that because funding changes to K-12 education will be introduced as part of the omnibus amendment to H.B. 59 next week, a complete financial picture of the Senate's proposals is not yet available, according to The Hannah Report. Senator Faber also said that standalone placeholder legislation for the discussion of Medicaid expansion and reform "could be introduced in the next week or two."
A summary of Sub. H.B. 59 and a comparison document showing the differences between the introduced bill, the House passed bill and the Senate Finance Committee substitute version are available from the Ohio Legislative Service Commission.