Highlights of Ohioís two-year, $62 billion budget:

Whatís in

Income tax cut: Reduces the statewide income tax rate gradually over three years, beginning with an 8.5 percent tax cut in 2013 and moving to a 10 percent tax reduction by 2015. Thatís down from Gov. John Kasichís proposed 20 percent cut.

Small businesses: Provides small businesses with a 50 percent tax cut on the first $250,000 in net business income, compared to the first $750,000 the governor had pitched.

Sales tax increase: Increases the state sales tax from 5.5 percent to 5.75 percent; applies it to digital products, such as ebooks and music.

Abortion: Requires abortion providers to inform pregnant women in writing about the presence of a fetal heartbeat before the procedure.

Family planning: Makes changes to send Planned Parenthood to the back of the line for public family-planning money.

Open meetings: Allows public bodies to meet in closed session to consider the terms of an application for economic development assistance; requires a unanimous vote; specifies the exception applies only to the bodyís consideration of confidential information, such as the applicantís marketing plans and specific business strategy.

Exotic animals: Exempts spider monkeys from the list of animals for permitting and care requirements under Ohioís recently passed exotic animal law, but requires owners to register the animals.

Whatís out

Medicaid: The governorís proposed expansion of Medicaid to make roughly 366,000 low-income residents eligible for coverage beginning in 2014 and qualify the state for about $13 billion from the federal government to cover program costs over the next seven years.

Sex education: A House committee proposal barring distribution of contraceptives on school property and subjecting teachers to litigation for promoting unspecified activities considered gateways to sex.

Casinos: A requirement that casinos keep patron photos for five years, which was aimed at making it easier for law enforcement to track and clamp down on money laundering.

E-schools: An exemption for students enrolled in e-schools from the physical education requirement to graduate from high school.

Sales tax expansion: The governorís tax reduction and broadening that would have taken the rate from 5.5 percent to 5 percent then extended the tax to a new list of items, including legal services and entertainment events.

Oil/gas tax: The governorís severance tax increases on large-volume oil and gas drillers.

Student voters: A requirement that Ohio universities charge lower in-state tuition to out-of-state students who request the documents necessary to register to vote in the state.