State Budget Hearings Continue with Latest Senate Proposal

Last week, the Ohio Senate unveiled its budget revisions to House Bill 166 (HB 166), the proposed biennial state operating budget. The revisions include a proposal to largely restore the business income deduction for small businesses; maintaining the $250,000 threshold and delaying the repeal of the 3% rate until 2020. Thanks in part to the testimony and advocacy efforts of GCP members, the Senate’s proposal to restore the deduction is a step in the right direction for the Ohio Business community.

In education, the Senate’s substitute bill maintains Governor Mike DeWine’s proposal for $550 million in wraparound services funding for schools but diverts an additional $125 million the House provided for those programs to assist fast-growing districts and expand school vouchers. The bill also restores the TechCred job training grant program, which supports training for in-demand jobs through Industry Sector Partnerships. The program, which is geared toward incumbent workforce, would receive an additional $25 million in funding.

The Senate version also restores the $40 million motion picture tax credit to its current form and adds program reforms like an extension to live theater. Funding for the Federal Research Network, which aims to stimulate the state’s innovation economy, is increased by $500,000 each fiscal year. In addition, the Senate proposal includes an allocation of $300,000 per fiscal year for the Eastern Ohio Military Affairs Commission in support of Camp James A. Fairfield Joint Military Training Center—one of three sites still being considered for a new East coast missile defense location.

GCP will continue to monitor and engage the Ohio General Assembly as budget talks continue. A final biennial budget must be signed into law by June 30.


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  • Next up: State Legislators Receive Small Business Advocate of the Year Awards

    State Legislators Receive Small Business Advocate of the Year Awards

    Members of the Greater Cleveland Partnership (GCP) and its small business division, the Council of Smaller Enterprises (COSE), officially named several state legislators recipients of the 2018 Small Business Advocate of the Year Award today.

    State Senator Matt Huffman and State Senator Vernon Sykes played instrumental roles in an initiative that creates a more bi-partisan, public process for drawing U.S. Congressional districts.  The effort was overwhelmingly approved by Ohio voters as a constitutional amendment.  

    State Senator Matt Dolan was responsible for updating existing Ohio law dealing with electronic transactions to also include blockchain-based transactions; the bill – the Data Protection Act – is now law and it was supported by GCP members because it encourages more businesses to properly protect their business ventures, their workforce, and those with whom they do business. 

    State Senator Rob McColley, a former State Representative, introduced two separate pieces of legislation backed by GCP and now law:  1.) requires the legislature to review occupational licensing boards 2.) responds to the issue of individuals filing predatory claims against businesses for technical violations.   

    GCP/COSE member and advocacy leader Tim Opsitnick of Technology Concepts & Design, Inc. (TCDI) commended their actions on behalf of the small business community.

    “We are greatly appreciative of the leadership displayed by these elected leaders last year,” said Opsitnick.  “GCP is a non-partisan, member-driven organization and the decisions to honor each official was based on the merits of positive public policy, not political ideologies or rhetoric.”

    The awards were presented today in Columbus during COSE Day at the Capitol, an annual event that connects the Northeast Ohio small business community with state policymakers.


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  • Next up: Webinar: Stop Selling on Price

    Webinar: Stop Selling on Price

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  • Next up: Stop Selling on Price

    Stop Selling on Price

    Don’t be so quick to discount your product. Learn the tips you need to know to overcome customer price objections and stay true to your pricing strategy.

    Don’t be so quick to discount your product. Learn the tips you need to know to overcome customer price objections and stay true to your pricing strategy.

     

     

    Download the presentation PDF here.

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  • Next up: Strategies for Opening Difficult Doors - Part 1

    Strategies for Opening Difficult Doors - Part 1

    Marc Miller of Sogistics and Nikki DiFillipo of Via Vera Group share their expertise to help tech companies target and get in front of challenging clients.

    Marc Miller of Sogistics and Nikki DiFillipo of Via Vera Group share their expertise to help tech companies target and get in front of challenging clients.

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  • Next up: Strategies for Opening Difficult Doors - Part 2

    Strategies for Opening Difficult Doors - Part 2

    NEOSA hosted Marc Miller of Sogistics and Nikki Difillipo of Via Vera Group to share expertise in targeting and getting in front of challenging prospects. This podcast offers the insights from our attendees.

    NEOSA hosted Marc Miller of Sogistics and Nikki Difillipo of Via Vera Group to share expertise in targeting and getting in front of challenging prospects. This podcast offers the insights from our attendees.

    Listen here.


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