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COLUMBUS, OH – State Rep. Scott Lipps (R-Franklin) announces House Bill 687, also known as the “capital bill,” has been signed into law by the governor. The legislation includes the two-year state construction budget that contains funding for a variety of initiatives across the state and aid for local projects throughout the 62nd Ohio House District.
Lipps, as a member of the House Finance Committee overseeing the legislative process for the bill, voted in favor of it on the House floor in support of Warren County projects and others across Ohio.
“The Ohio House Finance Committee worked diligently on this capital budget that’s providing substantial funding across the state,” Lipps said. “I was especially pleased to oversee the funding coming right here to Warren County that will be dedicated to helping out parks, veterans, children, and community services.”
Local community and agency projects funded within the bill include:
Statewide, the bill commits $3.5 billion in new capital appropriations, which includes $100 million for school safety grants that will help public and private schools address local building security needs.
Other highlights of the bill include:
Additionally, the bill provides approximately $1.2 billion for the Intel semiconductor manufacturing plant, which will support $20 billion in capital investment and create approximately 3,000 tech jobs, 7,000 construction jobs and tens of thousands of additional support jobs.
After being approved by the General Assembly earlier this month, the legislation was signed into law on Tuesday.