CHICAGO — The Ohio legislature yesterday approved a bipartisan measure to put a $700 million general obligation bond proposal on the May ballot to finance one of the state’s largest jobs program through 2016.

A House-Senate conference committee hammered out a compromise bill late Tuesday, a day before the deadline to get the amendment on the May primary ballot. The measure on Wednesday passed the Democratic-controlled House by a vote of 84 to 13 and the Republican-controlled Senate voted 30 to 2. The compromise measure dropped a Republican-backed plan to issue $100 million of debt to finance infrastructure improvements.

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