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Ohio Constitution, Article VIII

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Ohio/Constitution

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Article VIII, Public Debt and Public Works

35 sections · 0 paragraphs in this article.

All articles226 Art. I25 Art. II46 Art. III23 Art. IV14 Art. V8 Art. VI6 Art. VII3 Art. VIII35 Art. IX4 Art. X4 Art. XI10 Art. XII11 Art. XIII7 Art. XIV1 Art. XV7 Art. XVI3 Art. XVII2 Art. XVIII14 Art. XIX3

35 provisions·Filtered byArt. VIII✕

Ohio Const. art. VIII, § 1 Public debt; limit of deficit spending by state
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The state may contract debts to supply casual deficits or failures in revenues, or to meet expenses not otherwise provided for; but the aggregate amount of such debts, direct and contingent, whether contracted by virtue of one or more acts of the General Assembly, or at different…
Ohio Const. art. VIII, § 2m Issuance of general obligations
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(A) In addition to the authorizations otherwise contained in Article VIII of the Ohio Constitution, the General Assembly may provide by law, in accordance with but subject to the limitations of this section, for the issuance of bonds and other obligations of the state for the pur…
Ohio Const. art. VIII, § 2n Facilities for system of common schools and facilities for state-supported and state-assisted institutions of higher education
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(A) The General Assembly may provide by law, subject to the limitations of and in accordance with this section, for the issuance of bonds and other obligations of the state for the purpose of paying costs of facilities for a system of common schools throughout the state and facil…
Ohio Const. art. VIII, § 2o Issuance of bonds and other obligations for environmental conservation and revitalization purposes

art-I

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(A) It is determined and confirmed that the environmental and related conservation, preservation, and revitalization purposes referred to in divisions (A)(1) and (2) of this section, and provisions for them, are proper public purposes of the state and local governmental entities …

Ohio Const. art. VIII, § 2p Issuance of bonds for economic and educational purposes and local government projects

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(A) It is determined and confirmed that the development purposes referred to in this division, and provisions for them, are proper public purposes of the state and local governmental entities and are necessary and appropriate means to create and preserve jobs and enhance employme…

Ohio Const. art. VIII, § 2q Issuance of bonds for environmental revitalization and conservation

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(A) It is determined and confirmed that the environmental and related conservation, preservation, and revitalization purposes referred to in divisions (A)(1) and (2) of this section, and provisions for them, are proper public purposes of the state and local governmental entities …

Ohio Const. art. VIII, § 2r Persian Gulf, Afghanistan, and Iraq Conflicts Compensation Fund

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(A) Upon the request of the department of veterans services, the Ohio public facilities commission shall proceed to issue and sell, from time to time, bonds or other obligations of the state in such amounts as are necessary to provide all or part of the funds as may be required t…

Ohio Const. art. VIII, § 2s Issuance of additional general obligation bonds to fund public infrastructure capital improvements

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(A) In addition to the authorizations otherwise contained in Article VIII of the Ohio Constitution, the General Assembly may provide by law, in accordance with and subject to the limitations of this section, for the issuance of bonds and other obligations of the state for the pur…

Ohio Const. art. VIII, § 2t Issuance of additional general obligation bonds to fund public infrastructure capital improvements

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(A) In addition to the authorizations otherwise contained in Article VIII of the Ohio Constitution, the General Assembly may provide by law, in accordance with and subject to the limitations of this section, for the issuance of bonds and other obligations of the state for the pur…

Ohio Const. art. VIII, § 2i Capital improvement bonds

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In addition to the authorization otherwise contained in Article VIII of the Ohio Constitution, the general assembly, in accordance with but subject to the limitations of this section, may authorize the issuance of obligations, including bonds and notes, of the state or of state i…

Ohio Const. art. VIII, § 2j Vietnam conflict compensation fund

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The board of commissioners created by section 8 of Article VIII of the Ohio Constitution shall, forthwith upon the adoption of this amendment, proceed to issue and sell, from time to time, bonds or notes of the state in such amounts of face value as are necessary to provide the f…

Ohio Const. art. VIII, § 2k Issuance of bonds for local government public infrastructure capital improvement

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(A) In addition to the authorization otherwise contained in Article VIII of the Ohio Constitution, the General Assembly may provide by law, in accordance with but subject to the limitations of this section, for the issuance of bonds and other obligations of the state for the purp…

Ohio Const. art. VIII, § 2b Adjusted compensation for service in World War II; World War II veterans' bonuses

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The board of commissioners created by section 8 of Art VIII of the Constitution of the state of Ohio, designated therein "The Commissioners of the Sinking Fund", shall, forthwith upon the adoption of this amendment, proceed to issue and sell, from time to time, bonds of the state…

Ohio Const. art. VIII, § 2e Providing means for securing funds for highway and public building construction

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The state may borrow money and issue bonds or other obligations therefor for the purpose of acquiring, constructing, reconstructing and otherwise improving and equipping buildings and structures, excluding highways, and for the purpose of acquiring sites for such buildings and st…

Ohio Const. art. VIII, § 2h Bond issue for development

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The State may, from time to time, borrow not to exceed two hundred ninety million dollars and issue bonds or other obligations thereof for any one or more of the following purposes: acquiring, constructing, reconstructing or otherwise improving and equipping buildings and structu…

Ohio Const. art. VIII, § 2g Authorizing bond issue or other obligations for highway construction

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The state may contract debts not exceeding five hundred million dollars for the purpose of providing moneys for acquisition of rights-of-way and for construction and reconstruction of highways on the state highway system and urban extensions thereof. The principal amount of any p…

Ohio Const. art. VIII, § 2 State may incur debts for defense or to retire outstanding debts

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In addition to the above limited power, the state may contract debts to repel invasion, suppress insurrection, defend the state in war, or to redeem the present outstanding indebtedness of the state; but the money, arising from the contracting of such debts, shall be applied to t…

Ohio Const. art. VIII, § 2c Construction of state highway system

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The state may contract debts not exceeding five hundred million dollars for the purpose of providing moneys for acquisition of rights-of-way and for construction and reconstruction of highways on the state highway system. Not more than one hundred twenty-five million dollars of t…

Ohio Const. art. VIII, § 2d Korean War veterans' bonuses

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The board of commissioners created by section 8 of Article VIII of the Ohio Constitution, designated therein "The Commissioners of the Sinking Fund," shall, forthwith upon the adoption of this amendment, proceed to issue and sell, from time to time, bonds of the state of Ohio in …

Ohio Const. art. VIII, § 2f Authorizing bond issue to provide school classrooms, support for universities, for recreation and conservation and for state buildings

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In addition to the authorization in Article VIII, Section 2e, the state may borrow not to exceed two hundred fifty million dollars and issue bonds or other obligations therefor, for the purpose of acquiring, constructing, reconstructing, and otherwise improving and equipping buil…

Ohio Const. art. VIII, § 2l Parks, recreation, and natural resources project capital improvements

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(A) In addition to the authorizations otherwise contained in Article VIII of the Ohio Constitution, the General Assembly shall provide by law, in accordance with and subject to the limitations of this section, for the issuance of bonds and other obligations of the state for the p…

Ohio Const. art. VIII, § 3 The state to create no other debt; exceptions

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Except the debts above specified in sections one and two of this article, no debt whatever shall hereafter be created by or an behalf of the state.

Ohio Const. art. VIII, § 4 Credit of state; the state shall not become joint owner or stockholder

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The credit of the state shall not, in any manner, be given or loaned to, or in aid of, any individual association or corporation whatever; nor shall the state ever hereafter become a joint owner, or stockholder, in any company or association in this state, or elsewhere, formed fo…

Ohio Const. art. VIII, § 5 No assumption of debts by the state

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The state shall never assume the debts of any county, city, town, or township, or of any corporation whatever, unless such debt shall have been created to repel invasion, suppress insurrection, or defend the state in war.

Ohio Const. art. VIII, § 6 Counties, cities, towns, or townships, not authorized to become stockholders, etc.; insurance, etc.

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No laws shall be passed authorizing any county, city, town or township, by vote of its citizens, or otherwise, to become a stockholder in any joint stock company, corporation, or association whatever; or to raise money for, or to loan its credit to, or in aid of, any such company…

Ohio Const. art. VIII, § 7 Sinking fund

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The faith of the state being pledged for the payment of its public debt, in order to provide therefor, there shall be created a sinking fund, which shall be sufficient to pay the accruing interest on such debt, and, annually, to reduce the principal thereof, by a sum not less tha…

Ohio Const. art. VIII, § 8 The commissioners of the sinking fund

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The governor, treasurer of state, auditor of state, secretary of state, and attorney general, are hereby created a board of commissioners, to be styled, "The Commissioners of the Sinking Fund".

Ohio Const. art. VIII, § 9 Biennial report of sinking fund commissioners

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The commissioners of the sinking fund shall, immediately preceding each regular session of the general assembly, make an estimate of the probable amount of the fund, provided for in the seventh section of this article, from all sources except from taxation, and report the same, t…

Ohio Const. art. VIII, § 10 Application of sinking fund

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It shall be the duty of the said commissioners faithfully to apply said fund, together with all moneys that may be, by the general assembly, appropriated to that object, to the payment of the interest, as it becomes due, and the redemption of the principal of the public debt of t…

Ohio Const. art. VIII, § 11 Semiannual report of sinking fund commissioners

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The said commissioners shall, semi-annually, make a full and detailed report of their proceedings to the governor, who shall, immediately, cause the same to be published, and shall also communicate the same to the general assembly, forthwith, if it be in session, and if not, then…

Ohio Const. art. VIII, § 13 Economic development

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To create or preserve jobs and employment opportunities, to improve the economic welfare of the people of the state, to control air, water, and thermal pollution, or to dispose of solid waste, it is hereby determined to be in the public interest and a proper public purpose for th…

Ohio Const. art. VIII, § 14 Financing for housing program

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To create or preserve opportunities for safe and sanitary housing and to improve the economic welfare of the people of the state, it is hereby determined to be in the public interest and a proper public purpose for the state to borrow money and issue bonds and other obligations t…

Ohio Const. art. VIII, § 15 State assistance to development of coal technology

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Laws may be passed authorizing the state to borrow money and to issue bonds and other obligations for the purpose of making grants and making or guaranteeing loans for research and development of coal technology that will encourage the use of Ohio coal, to any individual, associa…

Ohio Const. art. VIII, § 16 State and political subdivisions to provide housing for individuals

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To enhance the availability of adequate housing in the state and to improve the economic and general well-being of the people of the state, it is determined to be in the public interest and a proper public purpose for the state or its political subdivisions, directly or through a…

Ohio Const. art. VIII, § 17 Limitations on obligations state may issue

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(A) Direct obligations of the state may not be issued under this article if the amount required to be applied or set aside in any future fiscal year for payment of debt service on direct obligations of the state to be outstanding in accordance with their terms during such future …