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Jump to full article: Dayton (OH) Business Journal, 2008-05-07
Intro: The Ohio legislature is hoping a second time's the charm with an effort to secure more than $200 million from the state Tobacco Prevention Foundation for a jobs initiative.
Gov. Ted Strickland on Tuesday signed House Bill 544, introduced a week ago by Rep. Jay Hottinger, R-Newark. The bill liquidates all $270 million of the foundation's funding and dissolves its board, allocating $230 million for a $1.57 billion state economic stimulus plan.
The remaining $40 million will be directed to the Ohio Department of Health to pay off the foundation's outstanding obligations and fund tobacco-cessation initiatives with what's left over.
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