COLUMBUS — State Senator Larry Obhof today announced the state transportation budget – House Bill 51 – has been signed into law by Governor John Kasich. The bill provides funding for the Ohio Department of Transportation and the Ohio Department of Public Safety, as well as a variety of infrastructure projects during the next two years.
“By investing in our infrastructure, we are doing more than simply improving our roads and bridges – we are creating new jobs and business opportunities across all of Ohio,” Obhof said.
In addition to funding the Departments of Transportation and Public Safety, the bill contains a plan to leverage $1.5 billion in bonds on the Ohio Turnpike. The resulting funds will be used on a vast array of projects across Ohio. During deliberations on the bill in the Senate, members worked to include a provision that ensures 90 percent of the funds raised by the Turnpike bonding will be used in Northern Ohio.
Other key components of the bill include allowing for the multi-year registration of certain vehicles, lowering the late fee for vehicle registrations to $10, raising the maximum speed limit in Ohio to 70 miles per hour outside of urban areas, and safety improvements for railroad crossings.