Kasich signs transportation billWritten by Staff Reports | | email@example.com
Gov. John Kasich signed the transportation budget bill, which expands the Ohio Turnpike Commission’s authority to issue $1.5 billion in bonds to finance turnpike and other transportation projects, into law April 1.
The bill (Am. Sub. H.B. 51) funds the Ohio Department of Transportation (ODOT) for fiscal year 2014-15 and renames the Ohio Turnpike Commission to the Ohio Turnpike and Infrastructure Commission. The commission will control issuance of additional bonds for eligible turnpike infrastructure projects. The bill will also raise the speed limit to 70 mph on rural freeways.
Kasich vetoed an item in the two-year transportation bill related to the reimbursement of $7.5 million by ODOT to railroad operations for the maintenance of roadways with the rights-of-way they own or control. Railroad operations have a responsibility to maintain the crossings, according to a news release.
The Toledo Metropolitan Area Council of Governments (TMACOG) supported the transportation legislation that will allow the issuance of up to $1.5 billion in additional bonds for infrastructure and transportation projects.