Ohio Rev. Code § 3318.024

Current with legislation from 2024 received as of August 15, 2024.

Section 3318.024 - Use of unspent and unencumbered funds

In the first year of a capital biennium, any funds appropriated to the Ohio facilities construction commission for classroom facilities projects under this chapter in the previous capital biennium that were not spent or encumbered, or for which an encumbrance has been canceled under section 3318.05 of the Revised Code, shall be used by the commission only for projects under sections 3318.01 to 3318.20 of the Revised Code, subject to appropriation by the general assembly.

In the second year of a capital biennium, any funds appropriated to the Ohio facilities construction commission for classroom facilities projects under this chapter that were not spent or encumbered in the first year of the biennium and which are in excess of an amount equal to half of the appropriations for the capital biennium, or for which an encumbrance has been canceled under section 3318.05 of the Revised Code, shall be used by the commission only for projects under sections 3318.01 to 3318.20, 3318.351, 3318.364, 3318.37, 3318.371, 3318.38, and 3318.40 to 3318.46 of the Revised Code, subject to appropriation by the general assembly.

R.C. § 3318.024

Amended by 132nd General Assembly, HB 49,§101.01, eff. 9/29/2017.

Amended by 131st General Assembly, HB 438,§1, eff. 4/6/2017.

Amended by 131st General Assembly, HB 64,§101.01, eff. 9/29/2015.

Effective Date: 09-26-2003 .