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04/17/2015

Budget Bill Stripped of Most Tax Proposals by Ohio House

A new budget bill introduced Tuesday in the Ohio House of Representatives shrinks income tax cuts Gov. John Kasich recommended in his spending plan and strips out nearly all of the governor's proposals for raising new tax revenue. The budget also guarantees to school districts that they will not see any reduction the next two budget years in their state formula money, and pumps in additional funding to try to reduce losses from the phase-out of the state's personal property tax.

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