COLUMBUS—State Representative Marlene Anielski (R-Walton Hills) today announced the Ohio House passage of Substitute House Bill 415. The bill seeks to create the Local Government Road Improvement Fund, to which one half of state surplus revenue each fiscal year will be allocated. The bill will supply funds to local governments for road improvement projects.

The bill prevents any General Assembly from passing legislation that decreases the amount allocated to the Local Government Improvement Fund, which must be at least 1.66 percent of the General Revenue Fund. Sub. H.B. 415 also includes certain limitations in order to keep the Budget Stabilization Fund (BSF), otherwise known as the state’s “Rainy Day Fund,” at a sufficient balance.

Historically, surplus revenue from the General Revenue Fund has been deposited into the Budget Stabilization Fund. Beginning in fiscal year 2020, Sub. H.B. 415 provides that half of the surplus will be moved to the Local Government Road Improvement Fund, and the other fifty percent will be placed in the BSF to maintain its required level of 8.5 percent of the General Revenue Fund. The distribution of funds will be based on locally maintained center lane miles in each county.


“As the Chair of the House State and Local Government Committee that recommended House Bill 415 for passage by the Ohio House of Representatives, I was impressed by the resources that the bill would hand to our local municipalities,” said Rep. Anielski. “I have spent my time here at the Ohio House working to ensure that our localities have all the resources possible to effectively and efficiently care for the safety and security of their citizens.”


H.B. 415 is a Buckeye Pathway bill, strengthening communities and towns by providing monetary resources for road improvement throughout the state. Something as simple as a safe road can supply an opportunity for Ohio residents.


Having passed out of the House, Substitute House Bill 415 now awaits consideration by the Ohio Senate.

 
 
 
  
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