The Ohio Fraternal Order of Police is backing an amendment being proposed by a Republican lawmaker that would add $300 million to the price the sale price of the state’s liquor business. Under current budget proposals, JobsOhio, the new non profit job development corporation, is going to be allowed to buy Ohio’s liquor profits for the next 25 years. Republican State Sen. Tim Grendell says the proposed purchase price is about $300 million under the lowest market value.
Grendell’s amendment would increase the amount of the sales price by $300 million. One third of that would go to help fund schools and the other two thirds would go to local communities for police and fire services. FOP President Jay McDonald says that would go a long way to help cash strapped communities like his to pay for police protection. Grendell says he expects the conference committee will consider his amendment when it begins debate on the budget as early as next week.