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OH HB695

Bill

Official Source

Status

Introduced

5/22/2018

Primary Sponsor

Andy Thompson

Click for details

Origin

House of Representatives

132nd General Assembly (2017-2018)

AI Summary

  • Enacts section 122.26 of the Revised Code to create the rural industrial park loan fund in the state treasury for the program established under section 122.24
  • Director of development services shall deposit money received for the program to the credit of the fund
  • Appropriates $25,000,000 for fiscal year 2018 and $0 for fiscal year 2019 from the Facilities Establishment Fund Group
  • Transfers $25,000,000 in cash from the Facilities Establishment Fund (Fund 7037) to the Rural Industrial Park Loan Fund (Fund 4Z60) on April 1, 2018, or as soon as possible thereafter, subject to Controlling Board approval
  • Appropriations are subject to all provisions of Am. Sub. H.B. 49 of the 132nd General Assembly

Legislative Description

Reinstate Rural Industrial Park Loan Fund

Economic Development

Last Action

Refer to Committee: Finance

6/5/2018

Committee Referrals

Finance6/5/2018

Full Bill Text

No bill text available