As Passed by the Senate                       1            

123rd General Assembly                                             4            

   Regular Session                        Sub. H. B. No. 574       5            

      1999-2000                                                    6            


     REPRESENTATIVES KREBS-CALVERT-ASLANIDES-AUSTRIA-BARNES-       8            

   J. BEATTY-BENDER-HARTNETT-HOLLISTER-METZGER-PATTON-WIDENER-                  

  AMSTUTZ-TIBERI-MOTTLEY-CAREY-PETERSON-LOGAN-D. MILLER-VESPER-    9            

MEAD-HARRIS-CLANCY-MYERS-OLMAN-METTLER-JOLIVETTE-ROBINSON-VERICH-  10           

   YOUNG-SCHURING-WINKLER-TRAKAS-WOMER BENJAMIN-REDFERN-SYKES-     11           

  GRENDELL-ROMAN-KRUPINSKI-BRITTON-KILBANE-SMITH-SULZER-WILSON-    12           

  FLANNERY-SALERNO-CALLENDER-GOODING-CORBIN-TERWILLEGER-HOOPS-     13           

   BARRETT-ROBERTS-PERRY-STEVENS-BUEHRER-SENATORS SPADA-HORN-      14           

          GARDNER-DRAKE-SCHAFRATH-PRENTISS-WATTS-McLIN             15           


_________________________________________________________________   17           

                          A   B I L L                                           

             To create a joint legislative committee to study the  19           

                impact of high technology start-up businesses on   20           

                economic development and small businesses in                    

                Ohio.                                                           




BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:        22           

      Section 1.  (A)  Within thirty days after the effective      24           

date of this act, a joint legislative committee shall be           25           

appointed to study the impact of high technology start-up          26           

businesses on economic development and small businesses in this    27           

state and certain other matters.  The committee shall consist of   29           

seventeen members, two of whom shall serve as co-chairpersons, as  31           

follows:                                                                        

      (1)  Three members from the House of Representatives, two    34           

of whom shall be appointed by the Speaker of the House of          35           

Representatives and one of whom shall be appointed by the                       

Minority Leader of the House of Representatives.  The Speaker of   37           

the House of Representatives shall designate one of the members    38           

appointed by the Speaker as a co-chairperson of the committee.     39           

                                                          2      


                                                                 
      (2)  Three members from the Senate, two of whom shall be     43           

appointed by the President of the Senate and one of whom shall be  44           

appointed by the Minority Leader of the Senate.  The President of               

the Senate shall appoint one of the members appointed by the       45           

President as a co-chairperson of the committee.                    46           

      (3)  One former member of the House of Representatives       48           

appointed by the Speaker of the House of Representatives;          49           

      (4)  One former member of the Senate appointed by the        51           

President of the Senate;                                           52           

      (5)  One member, appointed by the Speaker of the House of    54           

Representatives, who shall represent the venture capital industry  55           

in the state;                                                                   

      (6)  One member, appointed by the President of the Senate,   57           

who shall be an attorney and an expert in high-technology legal    58           

issues;                                                                         

      (7)  Six members appointed by the Governor, three of whom    60           

shall represent a different private business association in the    61           

state, one of whom shall represent an Ohio labor organization,     62           

one of whom shall represent an Edison Center, as defined in        64           

division (A) of section 122.15 of the Revised Code, and one of     65           

whom shall be a member of the Governor's Small Business Advisory   66           

Council;                                                                        

      (8)  The Director of Development or the Director's           68           

designee.                                                                       

      (B)  The members of the committee shall serve without        71           

compensation, but shall be reimbursed for their actual and         72           

necessary travel and other expenses incurred in the performance    73           

of their official duties as committee members.  Witnesses called   74           

to testify before the committee shall be reimbursed for their      75           

actual and necessary travel expenses incurred in attending         76           

committee hearings.  These and other expenses associated with the  77           

committee's performance of its functions shall be paid from any    78           

funds appropriated for the operation of committees of the General  79           

Assembly.                                                                       

                                                          3      


                                                                 
      (C)  The committee shall examine how to retain high          81           

technology start-up businesses in the state, the factors           82           

motivating these businesses to locate in the state or to relocate  83           

out of the state, and the overall impact of these businesses on    84           

economic development and small businesses in Ohio.  The committee  85           

shall submit a report along with its recommendations based on the  86           

study to the General Assembly by August 1, 2001.  Upon submitting  87           

its report and recommendations, the committee shall cease to       88           

exist.                                                             89           

      Section 2.  Section 1 of this bill shall take effect         91           

January 1, 2001.