Ohio debt amendment debated by committees and opponents
The article outlines Senate Joint Resolution 3 proposing flexible debt limits for Ohio bonds, with percentage caps and annual repayment rules. It presents arguments that the amendment could curb excessive borrowing yet risk higher taxes, while opponents warn it erodes a 1851 debt limit and endangers fiscal integrity. Leaders cite fiscal consequences and market credit risks.
MENTIONED IN THIS ARTICLE
Ture
Ohio
Marcus Roberto
Anthony J. Celebrezze, Jr
George Tablack
Senate
New York City
M. Ben Gaeth
Fred B. Hadley
Alan E. Norris
Thomas A. van Meter
Amendment proposal for new constitutional debt limits Ohio
A joint resolution proposes amending the Ohio Constitution to add a new Article VIISection 1 and repeal multiple sections of Articles V and XII. It defines debt contracting rules for capital projects and grants, sets statutory debt limits, and details procedures, votes, and effective repeal timing with listed appropriation provisions for various state projects.
MENTIONED IN THIS ARTICLE
Ohio
General Assembly
General Revenue Fund
Ohio Building Authority
Peaine
Senate
Unio
Gengees Assembly
Toone
Tate
iArticle
Middletown Ordnances authorize land purchase and landscaping contract
City Commission approves maximum acquisition price for one parcel under the Community Development Block Grant program and authorizes payment from the grant fund. It also authorizes a contract with Franeck Landscaping for tree and shrub plantings at multiple Main Street areas with costs not to exceed 72 808 dollars, funded from the Snee Development Program and General Fund.
MENTIONED IN THIS ARTICLE
Middletown
Butler County
Ohio
Director of Urban Renews
McC
Franeck Landscaping
Cincinnati
Franecki
Main Street
Clinton Street
First Avenue
Yankee Road
Roosevelt Boulevard
University Boulevard
C. Blake
Bettie J. Arthur
Harry Wees
Thomas C Blake
Bettie J Arthur
National Council For Urban Economic Development
City Commission
City of
Also Mentioned on This Page
General Assembly of
Constitutional Revision Commission
Ohio-Sealy Mattress Manufacturing Co
Hook
United States
Bellefontaine
Thomas C. Blake
Bettie J. Arthur Ona
Damerican Savings & Loan Assn
City Costre Mart