There is no fracking tax in Ohio's new 2-year budget
By Marc Kovac
There are a number of notable provisions not included in the $62 billion biennial budget signed into law recently by Gov. John Kasich.
The governor’s long-sought increase in the tax rate on oil and gas produced via horizontal hydraulic fracturing isn’t there, though he says he’ll push that issue until an increase is approved by lawmakers.
Neither is there an expansion of Medicaid eligibility, though Kasich and the Republican leaders of the Ohio House and Senate say they hope to act on that issue before the end of the year.
But during a victory lap of sorts after lawmakers passed the two-year spending plan late last month, the governor urged Ohioans to focus on what’s in the budget.
“Today is not a day to fight about what’s not in here,” Kasich told reporters the day after lawmakers passed the legislation. “Today is a day to celebrate what I believe is an incredible accomplishment for the people of this state.”
Here are another 25 ways the biennial budget may affect you: