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May 22, 2012

Clean Ohio program update

Our May 17 blog post discussed the potential appropriation by the Senate Finance Committee that would allow for the issuance of up to $42 million in bonds to further fund the Clean Ohio program’s participation in farmland preservation and green space projects around the state. 

The committee ultimately accepted 15 amendments to the sub bill, which included an additional appropriation of $36 million for FY 13 and FY 14 for the Clean Ohio Conservation Fund, resulting in a total appropriation of $42 million ($36 million for the Clean Ohio Green Space Conservation Program and $6 million for the Farmland Preservation Program).

H.B. 487 was submitted for a full Senate floor vote Friday afternoon and was approved.  Joint conference committee talks will occur this week between the Senate and the House, with the adoption of the conference committee report expected within the week, according to the Ohio Chamber of Commerce.

Posted by Q. Harris  in  Financial Incentives   Legal Developments   State Updates  






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