On Wednesday, the Ohio Supreme Court agreed to consider whether ProgressOhio “has standing to challenge the constitutionality” of JobsOhio, The Columbus Dispatch reports. The Supreme Court, however, will not rule on the merits of ProgressOhio’s question of the legality of JobsOhio using state liquor profits as a funding stream; only “whether ProgressOhio has standing to file the legal challenge.” The Franklin County Common Pleas Court and the 10th District Court of Appeals both dismissed the lawsuit on the standing question (see our October 11, 2012, blog post for more information).
In response to the Supreme Court announcement, JobsOhio is delaying the $1.5 billion sale of taxable and tax-exempt bonds that would be backed by the profits of the state’s liquor franchise, Bond Buyer reports (see our January 10, 2013, blog post for more information). For more, read the Bond Buyer story (subscription required) and The Supreme Court of Ohio Case Announcements.
