The House has approved its version of the budget, and now the Senate will make its changes. One idea that’s been suggested by Senate President Keith Faber is to replace the House’s 7% income tax cut for all Ohioans with a 50% income tax cut to small businesses, which had been in Gov. John Kasich’s budget.
Nearly 500 jobs are coming to southwest Ohio. The Ohio Tax Credit Authority approved assistance for projects in the region and As Emily McCord reports, Clinton County is seeing a large share of the funding.
Three of the companies awarded the tax credits will be in the city of Wilmington. DealerTrack Incorporated expects to create over 200 jobs generating 6 million dollars in payroll. The company specializes in administration support for vehicle titles and contract scanning. Two other companies in the city will bring an additional 65 jobs to the area.