OH HB350

Creates the American Red Cross Ohio Disaster Response Readiness and Preparedness Fund in the state treasury to receive contributions from taxpayers through income tax returns or direct donations.

Allows taxpayers to contribute to the fund by designating part of their income tax refund or by increasing their annual tax payment, with a minimum contribution of one dollar.

Directs the state emergency management agency to make annual grants to the American Red Cross Greater Columbus Chapter from the fund for disaster preparedness, response, and planning throughout Ohio.

Requires the state emergency management agency to report biennially to the General Assembly on the effectiveness of the income tax contribution system for the fund.

Establishes administrative cost sharing among five funds (natural areas, wildlife, military injury relief, Ohio historical society, and Red Cross disaster response) with costs capped at 2.5 percent of total contributions annually.