Sub. H.B. No. 46 Summary

• Requires the Treasurer of State to establish and maintain the Ohio State and Local Government Expenditure Database with information on state entity expenditures, searchable by the public at no cost.

• Modifies the film and theater tax credit program by capping credits at $40 million per fiscal year, reserving $4 million annually for Broadway theatrical productions beginning July 1, 2021, and allowing expedited approval for productions with significant economic impact.

• Authorizes regional transportation improvement projects undertaken before March 23, 2018 to create transportation financing districts and impose voluntary assessments on real property owners for project funding.

• Requires the Auditor of State to review state awards for economic development and determine compliance with performance metrics, with authority to report non-compliance to the Attorney General for potential legal action.

• Creates searchable online databases for state awards over $25,000 and establishes requirements for agencies to disclose contract and grant information to the public.