OH HB299

Requires the governor to designate a person to receive and compile annual reports from public depositories regarding minority business loans and investments

Public depositories must submit annual reports by March 1st each year containing information about business loans made to minorities or minority-owned and controlled businesses, including recipient identification and loan amounts

Public depositories must report total investments in minority-owned or controlled businesses, including identifying information and investment amounts for each business

Designates "minority" per section 184.17 of the Revised Code and defines "owned and controlled" as at least 51% ownership by minorities with control over day-to-day operations and proportionate interest in capital, assets, profits, and losses

The governor's designee must submit a compiled annual report to the General Assembly, governor, director of development, and Ohio Minority Business Advisory Council by April 1st each year