In 2009, Ohio faced economic hardships not seen in nearly 70 years. Unemployment rates dramatically increased to the highest figures Ohio’s seen in more than two decades at 11.2 percent. Additionally, once-prominent business sectors for our economy suffered dramatic losses. And the vital state services that Ohioans have come to rely on have had their budgets slashed, leaving them to function with minimum funding.
These times call for immediate action, yet the combination of an unbalanced budget and the continuing decline of revenue has led to our current deficit of nearly $900 million. As we reflect on the accomplishments of the first year in the 128th General Assembly, it is miniscule in comparison to what could have been done. With that, I’d like to take a moment to touch on some significant pieces of legislation that passed from the Ohio House in 2009, and then look at additional ideas that could benefit our fellow Ohioans.
State Operating Budget
Unlike the federal government, Ohio is constitutionally obligated to balance revenues and expenditures on a biennial basis. House Bill 1 was the state operating budget, a 3,500-page, $50.5 billion budget that passed the Legislature in July. Some of the key issues that arose during budget discussions were the allocation of federal stimulus dollars, education reforms, funding for higher education, and strategies to promote economic development and create jobs in Ohio.
The bill succeeded in including the reauthorization of four existing tax credits for Ohioans: job retention, job creation, technology investment and venture capital credits. It also established new tax credits to draw Hollywood film production and sporting events to our state.
While the budget did not impose any new taxes on Ohioans, it initiated more than $1 billion in fees, fines and penalties as a fundraiser for the state.
Additional Legislation
The Ohio Legislature made some positive steps this General Assembly in recognizing groups worthy of acknowledgment. Through the passage of House Bill 150, August was designated as Ohio Military Family Month for all families who selflessly sacrifice for the sake of their country.
Additionally, moving Ohio away from stereotypes and into a new age of acceptance, the Ohio House voted positively on Senate Bill 79 to remove “Mental Retardation” from the name of the Ohio Department of Developmental Disabilities. In the midst of a blood shortage this summer, the Legislature marked House Bill 67 as high priority to allow 16-year-olds to donate blood with parental consent.
Current Proposals
The most recently introduced bill in “The Future of Ohio” jobs package proposal, House Bill 388 would require any legislation that appropriates money or raises taxes to be made publicly available for at least 48 hours prior to consideration by the House or Senate.
House Bills 144 and 360 are similar pieces of legislation that would implement income tax credits for college graduates and those who obtain journeyperson status in a trade, to encourage residency in Ohio.
When enacted, the proposals would work to create jobs, reduce wasteful government spending and increase accountability to contribute to Ohio’s economic recovery.
With 2009 behind us, my colleagues and I are looking forward to many bipartisan conversations in 2010. There is much work to be done and viable initiatives to be explored, so we may begin to work to ensure Ohio’s future