COLUMBUS, Ohio (WOIO) - Tuesday afternoon, the Ohio Senate Finance Committee is announcing its substitute bill for the 2026-27 biennial budget.
While the budget encompasses all state spending for the next two years, the Cleveland Browns are waiting to see the Senate’s option to partially pay for the proposed Brook Park project.
In April, the Ohio House passed an option to use $600 million in state bonds, as a loan for the project.
That loan would be paid back over the next 25 years with the expected new tax revenue generated by the multi-billion dollar project.
The Senate has the option to go with that plan, or propose a completely different plan.
There are options, and proposed legislation, to raise millions in new revenues from other sources.
One option is to legalize iGaming, gamb