COLUMBUS, Ohio — Ohio's high court has ruled opponents of the private job-creation agency created by Gov. John Kasich don't have the standing to bring their constitutional challenge.
The Ohio Supreme Court's 5-2 decision Tuesday appeared to bring an end a legal fight that's dogged JobsOhio nearly since its inception in 2011.
The court said ProgressOhio failed to prove it had a stake in the case, siding with lower courts.
The ruling marks a significant victory for JobsOhio and for holders of $1.5 billion in bonds it put on the market in January 2013. The agency moved forward with the bond sale despite the pending court case.
The lawsuit alleged JobsOhio's funding structure violates a prohibition in Ohio's Constitution against turning taxpayer dollars over to a private entity. That question remains unresolved.