An Ohio legislative panel is scheduled to put the finishing touches on the state budget after a Tuesday afternoon meeting.
The six-member conference committee working out the differences between the House and Senate versions of the spending blueprint planned a vote after the meeting.
Majority Republican leaders have already announced some tax changes expected to be included in the budget. Those include a gradual income tax reduction over three years, beginning with an 8.5-percent cut in the first year.
A legislative panel finalizing Ohio's budget is expected to discuss a tax package that includes a statewide income-tax cut of 10 percent.
The six-member committee planned Monday to hash out the budget differences between the House and Senate, which passed separate tax proposals that must be reconciled.
Republican leaders released details last week of the tax package that is meant to be included in the budget. It calls for a gradual income tax reduction over three years, beginning with an 8.5-percent cut in the first year.
The committee working out the differences between the House and Senate versions of the state budget now has updated estimates on tax revenues and Medicaid. Those numbers were higher than estimates, but they came with a caution.
The Office of Budget and Management estimates $709 million more in tax revenues above the original forecast, but budget director Tim Keen says after payments to the federal government for unemployment benefits, transfers to the rainy day fund and other issues are paid, there will only be about $397 million extra to do more tax cuts or spending.