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The Omnibus Budget Reconciliation Act of 1993 (or OBRA-93) was a federal law that was enacted by the 103rd United States Congress and signed into law by President Bill Clinton on August 10, 1993. It has also been unofficially referred to as the Deficit Reduction Act of 1993. Part XIII of the law is also called the Revenue Reconciliation Act of ...
A number of Ohio public universities are facing multimillion-dollar budget cuts and others are projecting deficits. ... In the current biennial budget, Ohio lawmakers set aside more than $1.6 ...
(The Center Square) – Potential cuts in school funding would grow inequality in Ohio schools and reduce the state’s future economic output, a group of economists said. The survey of 16 ...
DeRolph v. State is a landmark case in Ohio constitutional law in which the Supreme Court of Ohio ruled that the state's method for funding public education was unconstitutional. [1]
A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years.
Ohio's budget is a massive document that explains how the state will spend $190 billion over the next two fiscal years. From universal vouchers to working from home: How Ohio's two-year budget ...
The bill creates a new school financing system for K-12 education in the State of Ohio, overhauling the state's school funding system that the Ohio Supreme Court found unconstitutional four times beginning with the original DeRolph decision in 1997. HB 1 was signed into law on July 1, 2021 as a part of the biennial state operating budget. [1]
The process for determining the amount of the automatic cuts was found unconstitutional in the case of Bowsher v. Synar, 478 U.S. 714 (1986) and Congress enacted a reworked version of the law in 1987. [3] Gramm-Rudman failed, however, to prevent large budget deficits. The Budget Enforcement Act of 1990 supplanted the fixed deficit targets.