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Home > Blogs > Ohio politics > Archives > 2010 > February > 03 > Entry
House, Senate poised for Third Frontier vote
The House and Senate today, Feb. 3, are expected to vote to put a compromise plan for extending the Third Frontier high tech economic development program on the May 4 ballot.
A House-Senate conference committee late Tuesday agreed to a four-year, $700 million bond proposal. The Democratic-controlled House had proposed a five-year, $950 million plan while the Republican-controlled Senate had approved a four-year, $500 million plan.
A three-fifths majority vote - 60 votes in the 99-member House and 20 votes in the 33-member Senate - is needed to put the proposed constitutional amendment on the ballot. The deadline for getting it on the ballot is today.
Gov. Ted Strickland’s signature is not required on the resolution but the governor supports extending the Third Frontier. He had called for a $1 billion extension, but is expected to go along with the compromise.
The program is credited with creating or retaining 48,000 jobs, including thousands in the Dayton area.
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