|
BucyrusOnline.com | ||
| ||
|
On a party-line vote, an Ohio House committee has approved a delay in the last-round of a 5-year income tax reduction. The House Finance committee, controlled by Democrats, voted 17-13 Tuesday to approve the legislation, which also includes a 5% pay cut for state lawmakers. Republicans have said it would amount to a tax increase if the Legislature waits until 2011 to trim income taxes by a final 4.2%. The legislation is designed to plug a roughly $850 million gap in the current state budget after the Ohio Supreme Court derailed Gov. Ted Strickland's plan to put slot machines at race tracks. The bill is scheduled for a floor vote Wednesday. It would then head to the Republican-controlled Ohio Senate. | ||
| BucyrusOnline.com |