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SB 450·OH·senate

Make capital appropriations for the biennium ending June 30, 2028

Signed into LawFiled Jun 1, 2026
Sponsor: Jerry Cirino (R)
Latest Action

Passed

Jun 10, 2026

Summary

The bill lets the Ohio Public Facilities Commission sell bonds to cover the costs of building, renovating, or improving state capital facilities identified by the General Assembly. It defines key terms such as bond proceedings, bond service fund, and costs of capital facilities, and sets rules for how the bonds can be structured. This provides a financing mechanism for the state's upcoming capital construction needs.

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