Loading chat...

OH HB654

Bill

Official Source

Status

Introduced

5/19/2020

Primary Sponsor

Tavia Galonski

Click for details

Origin

House of Representatives

133rd General Assembly (2019-2020)

AI Summary

  • Requires the Ohio Treasurer of State to establish a program providing interest-free loans to federal employees whose pay has ceased due to lack of federal appropriations
  • Loan amounts cannot exceed the pay the employee would have received during the appropriations lapse
  • Employees must repay loans within 30 days of receiving their federal pay
  • Appropriates funds from the Budget Stabilization Fund (Fund 7013) up to its available balance, with all loan repayments returned to that fund
  • Takes effect immediately upon enactment and is exempt from voter referendum requirements

Legislative Description

Make interest-free loans to federal employees not being paid

Finance and Appropriations

Last Action

Refer to Committee: State and Local Government

5/27/2020

Committee Referrals

State and Local Government5/27/2020

Full Bill Text

No bill text available