Kasich privatizing Ohio Department of Development

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http://www.bloomberg.com/news/2011-02-02/house-votes-to-create-kasich-s-nonprofit-jobsohio.html

House votes to create Kasich's nonprofit JobsOhio

By ANN SANNER - Feb 1, 2011 7:02 PM CT By The Associated Press

COLUMBUS, Ohio (AP) — Economic development and job creation in Ohio would be guided by a nine-member private board under a bill passed Tuesday by the Republican-led state House.

The legislation to set up Gov. John Kasich's nonprofit JobsOhio passed on a 59-37 vote, despite some concerns from state lawmakers that the panel would wield enormous investment and contract power with little transparency and oversight. The measure now goes to the GOP-led Senate. snip

The bill sets up a framework for JobsOhio, whose board includes Kasich as its chair. It's intended to eventually replace the Ohio Department of Development.