Highlights of Ohio Gov. Kasich's midterm budget - Cincinnati News, FOX19-WXIX TV

Highlights of Ohio Gov. Kasich's midterm budget

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By The Associated Press

A look at the key proposals in Ohio Gov. John Kasich's midterm budget bill:

TAXES:

Cut Ohio income taxes by 8.5 percent to bring the top rate to 4.66 percent by 2016.

Raise Commercial Activity Tax rate from 0.26 percent to 0.30 percent.

Increase cigarette taxes from $1.25 to $1.85 a pack, with similar increases on other tobacco products and e-cigarettes.

Raise the severance tax rate on high-volume drillers to 2.75 percent of gross receipts, exempting $8 million per well in start-up costs.

Earmark 20 percent of drilling-tax collections to local communities, through a combination of direct payments, competitive transportation grants and a legacy fund controlled by newly created regional commissions appointed by the governor.

EDUCATION:

Extend vocational options to 7th and 8th graders.

Establish dropout recovery programs for adults ages 22 and older at eligible community colleges and career centers.

Provide $10 million in casino licensing fees for Community Connectors mentorship program.

Tie two-year colleges' state funding to completion rather than enrollment.

Base 50 percent of state funding to technical centers on the percentage of students who find jobs.

Allow two-year colleges to offer students a guaranteed tuition rate.

Create a globalization liaison at the Board of Regents to attract and retain international students.

VETERANS

Fast-track state licensing and certification for veterans and their spouses.

Grant free college credit to veterans for military training and experience.

Allow veterans priority course registration and high-quality academic and career counseling.

OTHER

Establish state Human Services Innovation Office within Ohio Department of Job and Family Services.

Allocate $26.9 million from the national tobacco settlement to for tobacco prevention and cessation efforts.

Direct $6.5 million to new substance abuse prevention initiatives.

Streamline three federal workforce training programs to avoid overlap and ease use.

SOURCE: Ohio Governor's Office

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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