Schmidt, General Assembly Approves State Budget Bill

COLUMBUS – The Ohio House of Representative yesterday passed House Bill 110, the two-year state operating budget for Fiscal Years 2022-2023. The legislation highlights include a new school funding reform plan, tax relief, jobs and economic support, and several other initiatives. State Representative Jean Schmidt (R-Loveland) voted in support of the bill.

“I was proud to vote in support of House Bill 110 for the people of Ohio’s 65th district,” said Schmidt. “This budget is good for Ohioans. It invests in our children’s future, supports Ohio’s businesses, stands with law enforcement and first responders, and provides much needed tax relief.”

Highlights of H.B. 110 include:

• Fair School Funding Plan – The new state budget includes the Fair School Funding Plan, the result of three years of work between educators and policymakers.
• Tax Relief – The budget includes a 3 percent across the board personal income tax cut. It reduces the number of tax brackets from five to four, and eliminates the income tax for anyone making less than $25,000 per year.
• Broadband Expansion – The state budget allocates $250 million to support grants under the Ohio Residential Broadband Expansion Grant Program and the Ohio Broadband Expansion Program Authority.
• Keeping & Creating Jobs – H.B. 110 includes $155 million to help industries recover from the COVID-19 pandemic and help Ohio remain a competitive state to work and live.
• Supporting Law Enforcement, First Responders, and Veterans – This budget includes funding for training and equipment, as well as support for veterans organizations.
• Supporting Businesses – H.B. 110 vacates violations related to COVID-19 health orders and requires the Liquor Control Commission to reinstate a liquor permit holder's permit if the permit holder's permit has been revoked as a result of a violation of certain rules governing COVID-19 and the permit holder pays a fine of $2,500.

“This budget is good for Clermont County and the people I proudly represent,” said Schmidt.

The budget bill now heads to Governor Mike DeWine for his review.