HB 189 Summary - JobsOhio Accountability Act

• Expands ethics and accountability oversight by including JobsOhio nonprofit corporation and its subsidiaries/employees under state ethics laws (sections 102.01, 121.41-121.50) and public records requirements (section 149.43)

• Requires public meetings and financial reporting including open board meetings (with limited closed session exceptions), annual performance reports to legislative leaders, and financial disclosure statements for officers with administrative or investment authority

• Establishes transparency requirements including an official website displaying project details (recipients, assistance amounts, intended/actual benefits, jobs created) and allowing fraud/waste reporting

• Implements performance measurement standards requiring adoption of rules to assess JobsOhio's functions and efficiency, with quarterly and annual public presentations to the controlling board

• Creates compliance restrictions prohibiting contractors providing goods/services to JobsOhio from receiving financial assistance, and requiring annual financial reports from nonprofit economic development corporations receiving public funds through JobsOhio contracts