State
Rep. Richard Adams
Adams
Announces House Passage of Infrastructure Improvement Resolution
Proposed
ballot initiative would allocate funds without raising taxes
COLUMBUS—State
Representative Richard N. Adams (R-Troy) yesterday announced the
passage of Senate Joint Resolution 6 in the House of Representatives,
an infrastructure improvement resolution which authorizes nearly $2
billion in funding for improvement projects. Representative Adams
cosponsored SJR 6 as a member of the House Finance and Appropriations
Committee, which led to the legislation being approved on the House
floor. The resolution will now be sent to the governor for his
consideration.
SJR 6
puts before voters a ballot initiative to renew funding for the Ohio
Public Works Commission (PWC). The PWC provides financing for local
government infrastructure improvements such as roads, bridges, solid
waste disposal, water supply, storm water collection and waste water
treatment. The renewal of these bonds, which will be put before
voters on the May ballot, would authorize $1.875 billion of funding
over 10 years without raising taxes on Ohioans
“This
is important legislation that will provide local government and state
government an opportunity to work together to update, repair and
construct infrastructure projects needed and used by the residents of
Ohio,” Adams said. “In addition, the bonds, upon being approved
by the voters, will provide thousands of jobs for Ohio workers.”
Under
the program, grants or loans for local governments are available for
up to 90 percent for repair or replacement projects, and up to 50
percent for new or expansion projects.
The
Ohio Public Works Commission was created in 1987 after being approved
by voters as an amendment to the Ohio Constitution and has twice been
reauthorized by voters. Since that time, it has provided more than $3
billion in assistance to local governments for infrastructure
projects. The program’s current bonding authority is set to expire
soon.
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