From the beginning of this legislative session, my colleagues and I in the Ohio Senate have made revitalizing our economy and putting Ohioans back to work a top priority. I am pleased to say we've made great progress in this area, implementing policies and initiatives this year that are already showing results in keeping jobs in our state and reducing government red tape that hinders job growth. One of our biggest accomplishments was the passage of the new state operating budget, in which we were able to eliminate a historic shortfall without raising taxes. Our budget also included a number of other important reforms that will help further job creation and economic development in Ohio, such as the implementation of the final installment of the 21-percent income tax that was first approved in 2005, the elimination of Ohio's estate tax by 2013 and the creation of a new tax credit for individuals investing in small businesses. We also approved the JobsOhio plan, which creates a new non-profit corporation focused exclusively on state job creation and retention, and passed tax incentives that are helping to keep jobs here in Ohio instead of being lured away to another state. These changes are credited with helping to keep American Greetings and Diebold - and thousands of jobs - here in Ohio. In addition, I am pleased to say that as of September, JobsOhio and the Ohio Department of Development have announced 174 new economic development projects throughout our state. These projects will create nearly 12,000 new jobs and retain more than 24,000 others, and represent the confidence companies have in our business environment and workforce. We also took action to eliminate burdensome government regulations through the creation of the Common Sense Initiative Office, which is working to reform the way businesses are regulated in our state and developing new tools to determine the potential adverse impact of proposed rules or regulations on small businesses. Our efforts have been noticed by more than just businesses, however. In July, Ohio's credit outlook was upgraded by both Standard & Poor's Ratings Services and Fitch Ratings. This rating boost signifies that our credit risk is improving, and taxpayers will benefit from lower costs of borrowing should this trend continue. In addition, our investment fund for local governments and school districts - the seventh-largest such fund in the nation - has maintained its top rating, while similar funds in states such as California, Florida and Texas have been downgraded. Both of these rankings are welcome news, as it means that Ohio has weathered the recent economic downturn well and is in a good position to generate positive returns in the future. While our work thus far in this General Assembly has helped lay a strong foundation for Ohio's future, there is obviously much work ahead of us. I look forward to continuing to work with my fellow lawmakers as well as business and community leaders on how we can best attract and retain business to our state and ensure a bright future for all Ohioans. Tip of the month: Motorists getting ready to travel on Ohio's roadways can access statewide construction updates and road activity data from the Ohio Department of Transportation by visiting www.BuckeyeTraffic.org. With traffic volumes expected to increase due to weather delays and the holiday season, keeping track of the latest road conditions can help get you to your destination safely.
Senator Gayle Manning represents the 13th Ohio Senate District, which encompasses Lorain and Huron counties and eastern portions of Seneca County. Her office can be reached by phone at (614) 644-7613 or by e-mailing SD13@senate.state.oh.us.
 
 
 
  
Featured Posts

PHOTO: Manning Joins Governor For Signing Of Bill To Strengthen Ohio's Protection Order Laws

 

"There are loopholes in the current law that this legislation helps to eliminate, in order to protect victims of domestic violence, making it clear, that if a protection order is deliberately violated, the violator could be prosecuted," said Senator Manning, who jointly sponsored Senate Bill 7. 



 
 

Bill Improving Mental Health Board Efficiency, Strengthening Response To Local Needs Heads To Governor

 

"Our mental health professionals need flexibility during crises in order to effectively deliver critical services and carry out their missions," said Senator Manning. 



 
 

REMINDER: Manning Welcomes Local Residents To Attend District Office Hours In Amherst

 

COLUMBUS—State Senator Gayle Manning (R-North Ridgeville) is welcoming area residents to join her during district office hours on Monday, November 27, 2017 in Amherst, Ohio.



 
 

A Veterans Day Salute To Our Service Members

 

The brave men and women who have served in our Armed Forces are always deserving of thanks. We owe them gratitude every day, every month, and every year. This Veterans Day, I want to take this opportunity to pay special tribute to veterans in Ohio and across the country.