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OH HB447
Bill
Status
2/9/2012
Primary Sponsor
John Adams
Click for details
AI Summary
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Creates an "Economic Gardening Technical Assistance Pilot Program" in the Department of Development to provide technical assistance to eligible businesses in Ohio.
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Defines eligible businesses as for-profit entities with 6-99 employees, $750,000-$25 million in annual revenue, located in Ohio for at least two years, and demonstrating increased employees and gross revenue in at least three of the five preceding years.
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Director of Development must provide technical assistance including market intelligence, business databases, geographic information systems, search engine marketing, and peer-based learning sessions to participating businesses.
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Requires participating businesses to enter into agreements obligating them to attend meetings, report job creation data, and provide financial data as prescribed by the director.
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Appropriates $250,000 from the General Revenue Fund for fiscal years 2012 and 2013, with the pilot program automatically repealing two years after the effective date; requires the director to submit a progress report within one year of the program's effective date.
Legislative Description
To create a pilot program in the Department of Development to provide technical assistance to eligible businesses and to make an appropriation.
Pilot program-technical assistance to eligible businesses
Last Action
To Finance & Appropriations
2/9/2012