Ohio Governor John Kasich Signs Ohio's $62 Billion Budget for FY 2014-15

Yesterday, June 30, 2013, before signing Ohio's new two-year, $62 billion budget, Governor John Kasich line-item vetoed 22 items, including language intended to prohibit the expansion of Medicaid under the Affordable Care Act, the Columbus Dispatch reports.

Two items included among the governor's vetoes were $60 million in bonus payments for "nursing homes that met more than the required number of quality-care standards" and an attempt to apply the collection of Ohio sales and use tax to transactions between out-of-state internet retailers and Ohio residents, according to the article and the governor's veto messages. The budget, which reduces income taxes to achieve a $2.7 billion tax cut over three years, increases the sales tax by a quarter percentage point. It also eliminates "new levies the 12.5 percent paid by the state on property taxes," the article said.

The budget goes into effect July 1 — the first day of the new fiscal year.