Ohio Approves Turnpike Bonding Plan to Fund Transportation Work
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The Ohio House of Representatives sent Governor John Kasich a plan to have the Ohio Turnpike borrow $1.5 billion for transportation projects.
The House today voted 62-27 for the measure, which was included in a transportation budget bill. It allows the Ohio Turnpike Commission to issue $1 billion in bonds this year and $500 million in about five years backed by tolls to pay for highway and bridge construction. The Senate passed the bill yesterday.