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OBM director tells Senate Finance panel SB 371 would reauthorize about $1.93 billion for ongoing capital projects
Summary
OBM Director Kimberly Mernix testified that Senate Bill 371 would reauthorize an estimated $1,930,000,000 in unspent capital balances to keep previously approved projects moving; she emphasized timing requirements (March 31 enactment for a July 1 effective date) and said section 509.14 will fix final amounts to June 30 unexpended balances.
OBM Director Kimberly Mernix told the Senate Finance Committee that Senate Bill 371 is a capital reappropriations measure designed to reauthorize unspent balances from prior capital budgets so ongoing projects can continue without interruption. "This bill contains capital reappropriations for the upcoming biennium, which begins on July 1," she said, adding that the bill is intended to reauthorize previously approved projects rather than create new capital spending.
Mernix framed the bill as a routine but necessary step under Ohio's constitutional two‑year…
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