A top lobbyist for Ohio's oil and gas drilling industry is urging state lawmakers to support a package of tax revisions advanced as an alternative to an earlier plan by Republican Gov. John Kasich.
At a packed hearing Wednesday, Ohio Oil and Gas Association executive vice president Tom Stewart supported a bill introduced last month. It would raise the severance tax rate on horizontally drilled wells by 1 percent, then 2 percent, while rolling back similar taxes on traditional wells.
UPDATE: On Thursday morning, Ohio U.S. Senator Sherrod Brown told WYSO he expects an announcement on the new tenant for the Moraine Assembly Plant as soon as Friday. Click here for the news.
It’s been just over five years since General Motors left its giant plant in Moraine, taking the last thousand jobs with it and spelling doom for Dayton’s economy, which once ran on the jobs provided by major industrial manufacturers like GM and NCR.
Both Ohio senators voted Tuesday to move ahead with debate on a 3-month, $6.4 billion extension of emergency unemployment insurance. Around 40,000 Ohio residents saw their insurance cut off at the end of December after congressional Republicans left the program out of a last-minute budget deal, and another 128,000 stand to get cut off sometime in 2014.