COLUMBUS -- Here's a look at the key proposals in Ohio Gov. John Kasich's midterm budget bill:

TAXES: -- Cut Ohio income taxes by 8.5 percent to bring the top rate to 4.66 percent by 2016. - Raise Commercial Activity Tax rate from 0.26 percent to 0.30 percent. - Increase cigarette taxes from $1.25 to $1.85 a pack, with similar increases on other tobacco products and e-cigarettes. - Raise the severance tax rate on high-volume drillers to 2.75 percent of gross receipts, exempting $8 million per well in start-up costs. - Earmark 20 percent of drilling-tax collections to local communities, through a combination of direct payments, competitive transportation grants and a legacy fund controlled by newly created regional commissions appointed by the governor.

EDUCATION: - Extend vocational options to 7th and 8th graders. - Establish dropout recovery programs for adults ages 22 and older at eligible community colleges and career centers. - Provide $10 million in casino licensing fees for Community Connectors mentorship program. - Tie two-year colleges' state funding to completion rather than enrollment. - Base 50 percent of state funding to technical centers on the percentage of students who find jobs. - Allow two-year colleges to offer students a guaranteed tuition rate. - Create a globalization liaison at the Board of Regents to attract and retain international students.

VETERANS - Fast-track state licensing and certification for veterans and their spouses. - Grant free college credit to veterans for military training and experience. - Allow veterans priority course registration and high-quality academic and career counseling.

OTHER - Establish state Human Services Innovation Office within Ohio Department of Job and Family Services. - Allocate $26.9 million from the national tobacco settlement to for tobacco prevention and cessation efforts. - Direct $6.5 million to new substance abuse prevention initiatives. - Streamline three federal workforce training programs to avoid overlap and ease use