News & Notes January 23, 2014

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 Screen Shot 2013-07-22 at 9.20.51 AMNews: Credit Opportunity, Akron Beacon Journal
Notes: Ohio is one of 26 states with a state Earned Income Tax Credit (EITC), but ours is one of the weakest in the nation. Ohio has an opportunity in the Mid-Biennium Review (MBR) to expand the EITC to serve those who it is intended to serve and make it more effective. We encourage the Governor to expand this tax credit to help an additional half million Ohioans. 

News: Ohio House planning Changes to Fracking-Tax Bill, Columbus Dispatch
Notes: Close to 20 witnesses testified yesterday that they would like to see public investment from an increased severance tax on fracking in Ohio. Many witnesses testified that they would like to see dollars invested into local governments impacted by drilling, long-term economic development plans made, and environmental concerns addressed. Liberals and conservatives testified that state public investments are needed in Appalachia as a part of the oil and gas fracking boom begins. 

News: Ohio House Adopts $1.875 billion bond renewal for May Ballot, Cleveland Plain Dealer
Notes: The chorus of public officials calling on more public investment continues to grow. The bond package is a small increase over current bond-financed investments.  These bonds will help improve public lands, create jobs, and improve the quality of lives for Ohioans. We hope that the officials who are supportive of these bonds will also be supportive of financing other state investments into education, healthcare, public safety, and strong communities.