Ohio lawmakers finally settled on a $75 billion, two-year spending plan that cuts income taxes, creates a new school funding formula and allows college athletes to make money off their fame.
Ohio lawmakers sent the bipartisan budget to Gov. Mike DeWine Monday evening following an 82-13 vote in the Ohio House and 32-1 vote in the Ohio Senate. Sen. Teresa Fedor, D-Toledo was the sole no vote in that chamber. DeWine has a deadline: He must sign the bill before Thursday.
Here are some of the big changes that Ohio lawmakers made.
Tax cuts and refunds
They finally landed on an across-the-board income tax cut of 3%. The minimum amount Ohioans can earn before paying any income taxes was also raised to $25,000 a year, and lawmakers eliminated the top income tax bracket for wealthy residents.
Bigger tax cuts, abortion changes, new school funding formula are in Ohio s budget msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.