With the dust barely settling on the last General Session of the Ohio Legislature, advocacy groups like Policy Matters Ohio are wasting no time in looking towards the future.
Instead of dwelling on the past, they are urging lawmakers to kickstart the next session with bipartisan legislation that could make a real impact on Ohioans’ lives. This proposed legislation, which was introduced at the end of the last session, touches on crucial issues such as property taxes, school meals, and funding for local communities.
Here are some key points to consider:
- Senate Bill 342, introduced by Sens. Louis Blessing and Kent Smith, contains various measures that were discussed and introduced in other bills throughout the session.
- One major component of the bill is a property tax circuit breaker, which would provide a $1,000 tax credit if a property tax bill exceeds 5% of a person’s income.
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The proposed legislation would also ensure that free breakfast and lunch are available in schools, and increase the share of state income tax revenue allocated to the Local Government Fund and Public Library Fund.
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To offset the costs of these initiatives, the bill would eliminate certain tax breaks for tech and pharmaceutical companies, require short-term rentals to pay the state’s hotel tax, and tighten a tax break for limited liability company owners.
Policy Matters Ohio is advocating for this legislation to be reintroduced at the start of the next General Assembly. They believe it sets the stage for meaningful discussions on housing, hunger, and other pressing issues affecting Ohioans.
In conclusion, the proposed legislation presents a promising opportunity for lawmakers to prioritize the needs of their constituents over the interests of powerful industries. It is imperative that they act in the best interest of Ohioans and champion policies that improve the welfare of all residents.
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