Ohio House Committee Approves Delayed Tax Cut

By: Associated Press
By: Associated Press

Columbus, Ohio (AP) -- On a party-line vote, an Ohio house committee has approved a delay in the last-round of a five-year income tax reduction.

The House Finance Committee, controlled by democrats, voted 17-13 Tuesday to approve the legislation, which also includes a 5 percent pay cut for state lawmakers.

Republicans have said it would amount to a tax increase if the legislature waits until 2011 to trim income taxes by a final 4.2 percent.

The legislation is designed to plug a roughly $850 million gap in the current state budget after the ohio supreme court derailed Gov. Ted Strickland's plan to put slot machines at race tracks.

The bill is scheduled for a floor vote Wednesday.

It would then head to the republican-controlled Ohio senate.

(Copyright 2009 by the Associated Press. All rights reserved.)


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