Gavarone Announces Ohio's New Biennial Budget
Highlights Historic Income Tax Cuts
July 1, 2021
Theresa Gavarone News
COLUMBUS—State Senator Theresa Gavarone (R-Bowling Green) today joined Governor Mike DeWine, Lt Governor Husted, and legislative leaders for a ceremonial press conference following the signing of Substitute House Bill 110, the state's FY 2022-2023 biennial budget.
The bill, which passed the Ohio Senate and House with strong bipartisan support, provides for essential services of the state while providing the highest biennial personal income tax cut in state history.
Senator Gavarone was a leading voice during the state's budget process, advocating for several provisions that were included in the final version of the bill. The budget includes a landmark $1.6 billion in personal income tax cuts, including a 100% state income tax cut for anyone making $25,000 or less. An additional 125,000 Ohioans will no longer pay income taxes under this plan. It also increases eligibility for families wanting to choose a different school or educational opportunity for their children.
Additionally, Gavarone helped secure nearly $170 million for the H2Ohio program—double what was allocated the previous two years.
"We have delivered a balanced, fiscally responsible budget that invests in essential services and people. The budget reflects our ongoing commitment to protecting Ohio's natural resources and providing for our most vulnerable citizens, yet still returns historic tax dollars to the hardworking people of Ohio. While I am certainly disappointed by the Governor's decision to veto my amendment, that would have protected hundreds of jobs at Paramount Health Care, I am still very proud of what made it across the finish line for the great people of this state."
For more information on the budget, click here.