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OH SB10
Bill
Status
2/10/2009
Primary Sponsor
Christopher Widener
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AI Summary
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Establishes new transition funds for state officeholders elected or appointed to state office, allowing them to receive donations up to $25,000 per donor and make expenditures for transition activities and inaugural celebrations.
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Requires transition fund treasurers to file detailed donation and disbursement statements with the Secretary of State on specific dates (65 days and 125 days after fund creation).
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Prohibits transition fund disbursements to campaign committees, political action committees, or for personal expenses of beneficiaries (except transition-related costs).
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Mandates disposal of remaining transition fund assets within 120 days through refunds to donors, deposits to the Ohio elections commission fund, or donations to tax-exempt organizations.
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Establishes penalties including fines up to three times excess donations, failure-to-report violations, and unauthorized disbursements under new section 3517.1014.
Legislative Description
To permit individuals elected or appointed to state office to establish transition funds to receive donations and to make expenditures for transition activities and inaugural celebrations.
Winning candidate transition accounts-disclosure
Last Action
To Government Oversight
2/10/2009