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  • Nick Bates

Transportation budget passes

Legislators took an extra weekend to get it done, but Ohio’s new transportation budget is set. As the drama unfolded during the last week of March into the first week of April, the House, Senate and Governor reach an agreement to:

  1. Expand the Earned Income Tax Credit to 30% of the federal credit to benefit low-income households impacted most by regressive tax policy. (Pumping almost $40 million a year into the pockets of low income and hard working Ohio families).

  2. Added $70 million for public transit

  3. Agree to a 55/45 share of new revenue with local government

  4. New fees for hybrid and electric cars.

  5. Raise an additional $865 million in annual revenue with a 10.5 cent increase to Ohio’s gas tax.

Governor DeWine originally proposed $1.2 billion in new revenue with an increase of 18 cents to the motor fuel tax. However, legislators balked at the price tag to get our transportation budget back into fiscal order and opted for a short-term fix.

The gas tax is Ohio’s primary source of revenue to fund road and bridge maintenance in the state. This was a first step for Ohio to begin to reverse 14 years of tax cuts that primarily benefit the wealthy and get Ohio back on track toward public investments into the foundation of a strong economy that works for everyone – reliable roads, strong schools, and healthy communities.

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