Loading chat...
OH HB159
Bill
Status
3/6/2025
Primary Sponsor
Nick Santucci
Click for details
AI Summary
-
Creates the Manufacturing Technologies Assistance Program within the Ohio Department of Development, providing grants up to $150,000 to eligible manufacturers with 500 or fewer employees for projects adopting manufacturing technologies like machinery, robotics, hardware, software, and equipment
-
Requires applicants to have operated in Ohio for at least 3 years, derive at least 51% of gross revenue from manufactured goods, provide matching private funds equal to the grant amount, and obtain a project assessment from the Ohio Manufacturing Extension Partnership
-
Appropriates $24 million total ($12 million for FY 2026 and $12 million for FY 2027) from the General Revenue Fund to the Manufacturing Technologies Assistance Fund
-
Reserves half of program funds for manufacturers with 50 or fewer employees and half for manufacturers with 51-500 employees, with the Director able to reallocate between categories with Controlling Board approval
-
Imposes a 10-year clawback provision requiring grant repayment (reduced by 10% per year) if recipients initiate bankruptcy, discontinue or relocate operations out of state, or violate applicable laws
Legislative Description
Create the manufacturing technologies assistance grant program
Commerce
Last Action
Reported - Re-referred to Finance: Rules and Reference
10/15/2025