Ohio’s Capital Budget on Track for Late June

05/30/2024

Ohio’s Capital Budget is on track for enactment in late June, according to leadership in both chambers, Gongwer reports. Senate President Matt Huffman (R-Lima) and Finance Chair Sen. Matt Dolan (R-Chagrin Falls) said they plan to bring the Senate’s proposal to the floor for a vote June 26, following a months-long review of 4,400 requests. House Speaker Jason Stephens (R-Kitts Hill) indicated his desire for the chambers to come to a consensus before summer recess. The biennial bill, designed to support local community projects and infrastructure, will contain funding for bond-backed projects, including agency requests, capital reappropriations, $700 million from the One-Time Strategic Community Investment Fund, and at least another $150 million for community projects. 5/25/2024

Top