Section 3333.071 | Restricting expenditures for land or capital improvements.
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Effective:
May 15, 2007
Legislation:
House Bill 2 - 127th General Assembly
Notwithstanding section 3345.16 of the Revised Code, no expenditure shall be made for land for higher education purposes by public institutions of higher education or agents of such institutions from any fund without the approval of the chancellor of the Ohio board of regents and the controlling board. No state appropriation for capital improvements shall be released by the controlling board for the purchase of land or buildings from any organization or corporation which has been established to benefit or assist the institution, except that such releases may be made if the land is to be used for a currently state-financed improvement.
Available Versions of this Section
- May 15, 2007 – House Bill 2 - 127th General Assembly [ View May 15, 2007 Version ]
- September 29, 2015 – House Bill 64 - 131st General Assembly [ View September 29, 2015 Version ]