It sets a plan for road construction spending and raises the speed limit on rural stretches of interstate highway to 70 mph.
COLUMBUS, Ohio (WTVN) -- Gov. John Kasich has signed a transportation budget that provides additional money for road projects and hikes the speed limit on rural stretches of interstate highway to 70 mph.
"We'll have $3 billion more to fix our highways, our roads, and our bridges to make them safer, which is critical. There's going to be at least 65,000 more people working," Kasich said during a signing ceremony near Cleveland.
The extra money comes from issuing bonds backed by future tolls on the Ohio Turnpike. Opponents worry it will lead to higher tolls and a crumbling Ohio Turnpike, but Kasich says that won't be the case.
"We're going to repair the Turnpike and put it in even better shape than it is today," he said.
90 percent of the money generated from those bonds will be used in northern Ohio. Other road projects will continue to be funded by the gasoline tax.
A new 70 mph speed limit will go into effect on rural stretches of interstate highway in Ohio. The current speed limit is 65 mph. The only exception will be in urban areas. The budget also allows ODOT to raise the speed to 60 mph on certain two-lane state and U.S. routes. The new speeds take effect on July 1.
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