H.B. No. 143 Summary

• Amends definitions and procedures for the Clean Ohio Program, which provides grants and loans for brownfield cleanup and remediation projects in economically distressed areas.

• Establishes that the Clean Ohio Revitalization Fund receives net proceeds from state bond obligations, with annually 20% devoted to public health projects under section 122.656.

• Adds JobsOhio gross profit from spirituous liquor sales (after July 1, 2021) as a funding source to be credited to the Clean Ohio Revitalization Fund.

• Authorizes the state treasurer to issue up to $400 million in principal amount of obligations for revitalization purposes, with not more than $50 million issuable in any single fiscal year.

• Appropriates revenues deposited into the Clean Ohio Revitalization Fund (Fund 7003) for each year of the biennium ending June 30, 2023 for grants under the Clean Ohio Revitalization Program.