OH SJR2

Proposes constitutional amendment to authorize Ohio to issue up to $1 billion in general obligation bonds for clean water improvements, with a $100 million annual issuance limit.

Defines "clean water improvements" to include water and wastewater treatment systems, water quality research, reducing dredged material disposal in Lake Erie, and agricultural best management practices.

Allocates bond proceeds based on watersheds' phosphorous loading proportions, with a minimum of 50% directed to counties in the western Lake Erie basin.

Establishes that bonds are general obligations of the state backed by full faith and credit, with debt service exempt from certain constitutional appropriation requirements and taxation restrictions.

Requires voter approval at the November 8, 2022 general election, with the amendment taking effect immediately upon adoption by majority vote.