The Ohio Higher Educational Facility Commission was created in 1968 by Senate Bill 453 of the 107th General Assembly. This legislation enacted Chapter 3377 of the Ohio Revised Code. The text from § 3377.02 of the Revised Code that created the Ohio Higher Educational Facility Commission is provided below:
§ 3377.02 Ohio higher educational facility commission
There is hereby created the Ohio higher educational facility commission for the purpose of enhancing the educational opportunities of the people of the state and enhancing the availability, efficiency, and economy of educational facilities and institutions, thereby promoting the employment opportunities, economic welfare, public health and general welfare of the people, and for the purpose of alleviating the pressing demands upon tax supported colleges and universities by encouraging the means of instruction through provision for educational facilities at educational institutions and for facilitating, or for achieving lower costs of, the financing or refinancing of educational facilities, all in the manner provided in Chapter 3377. of the Revised Code. The Ohio higher educational facility commission is a body both corporate and politic, constituting an agency or instrumentality of the state and performing essential functions of the state.
For more information about the Ohio Higher Educational Facility Commission as detailed in Chapter 3377 of the Ohio Revised Code, please visit the following Ohio Revised Codes website: