Ohio Senate proposes universal vouchers and tax cuts in state budget plan.
The Ohio Senate's version of the two-year budget includes plans for universal vouchers, changes to the school funding formula, and Senate Bill 1, which would change oversight of K-12 education. Senate leaders also plan to incorporate Senate Bill 83 that would make sweeping changes to higher education. The Senate's budget also includes a $1.5 billion income tax cut, a $1 billion one-time fund for local projects, and an August sales tax holiday in 2024 on most tangible items that cost less than $500. The budget needs to be agreed upon by the House and Senate by June 30.