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|
As Introduced
122nd General Assembly
Regular Session
1997-1998 | H. B. No. 621 |
REPRESENTATIVES HAINES-HODGES-REID-SULZER-GARDNER-LOGAN-
WESTON-VESPER-TAVARES-JONES-CATES-PADGETT-HARRIS-
TERWILLEGER-KREBS-BENDER-CAREY-GRENDELL-HOOD-
HOUSEHOLDER-METELSKY-SAWYER
A BILL
To amend sections 122.011, 166.03, and 901.63 and to enact
sections 901.80 to 901.82 of the Revised Code and to amend
Sections 47 and 47.15 of Am. Sub. H.B. 215 of the 122nd General
Assembly to create the Family Farm Loan
Program and the Family
Farm Loan Fund in the Department of Agriculture to promote
agricultural development, to terminate the provisions of this
act on June 30, 1999, by repealing sections
901.80, 901.81, and
901.82 of the Revised Code on that date, and to make an
appropriation.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Section 1. That sections 122.011, 166.03, and 901.63 be amended
and sections 901.80, 901.81, and 901.82 of the Revised Code be
enacted to read as follows:
Sec. 122.011. (A) The department of development shall
develop and promote plans and programs designed to assure that
state resources are efficiently used, economic growth is properly
balanced, community growth is developed in an orderly manner, and
local governments are coordinated with each other and the state,
and for such purposes may do all of the following:
(1) Serve as a clearinghouse for information, data, and
other materials that may be helpful or necessary to persons or
local governments, as provided in section 122.07 of the Revised
Code;
(2) Prepare and activate plans for the retention,
development, expansion, and use of the resources and commerce of
the state, as provided in section 122.04 of the Revised Code;
(3) Assist and cooperate with federal, state, and local
governments and agencies of federal, state, and local
governments in the coordination of programs to carry out the functions and
duties of the department;
(4) Encourage and foster research and development
activities, conduct studies related to the solution of community
problems, and develop recommendations for administrative or
legislative actions as provided in section 122.03 of the Revised
Code;
(5) Serve as the economic and community development
planning agency, which shall prepare and recommend plans and
programs for the orderly growth and development of this state and
which shall provide planning assistance, as provided in section
122.06 of the Revised Code;
(6) Cooperate with and provide technical assistance to
state departments, political subdivisions, regional and local
planning commissions, tourist associations, councils of
government, community development groups, community action
agencies and other appropriate organizations for carrying out the
functions and duties of the department or for the solution of
community problems.
(7) Coordinate the activities of state agencies that have
an impact on carrying out the functions and duties of the
department;
(8) Encourage and assist the efforts of and cooperate with
local governments to develop mutual and cooperative solutions to
their common problems that relate to carrying out the purposes of
this section;
(9) Study existing structure, operations, financing of
regional or local government and those state activities that
involve significant relations with regional or local governmental
units, recommend to the governor and to the general assembly such
changes in these provisions and activities as will improve the
operations of regional or local government, and conduct other
studies of legal provisions that affect problems related to
carrying out the purposes of this section;
(10) Appoint, with the approval of the governor,
technical and other advisory councils as it considers
appropriate, as provided in section 122.09 of the Revised Code;
(11) Create and operate a division of community development to develop and
administer programs and activities that are authorized by federal statute or
the Revised Code;
(12) UNTIL JUNE 30, 1999, DETERMINE, IN REGARD TO THE FAMILY FARM
LOAN PROGRAM CREATED UNDER SECTIONS 901.80 TO 901.82 of the Revised Code, WHETHER EACH
APPLICANT FOR FINANCIAL ASSISTANCE HAS THE ABILITY TO REPAY THE LOAN AND
WHETHER THERE IS ADEQUATE SECURITY FOR THE LOAN. THE DIRECTOR OF DEVELOPMENT
SHALL FORWARD THE DETERMINATIONS MADE UNDER DIVISION (A)(12) OF THIS
SECTION, TOGETHER WITH A RECOMMENDATION WHETHER TO APPROVE THE APPLICATION FOR
FINANCIAL ASSISTANCE, TO THE DIRECTOR OF AGRICULTURE.
(13) COLLECT LOAN REPAYMENTS FOR THE LOANS AND LOAN GUARANTEES PROVIDED
UNDER SECTION 901.80 of the Revised Code AS SUCH SECTION EXISTED PRIOR TO JUNE
30, 1999.
(B) The department shall, by rule, establish criteria
defining nonprofit corporations that are eligible for appointment
as qualified agents pursuant to sections 135.81 to 135.88 of the
Revised Code. The criteria shall require that a corporation be
organized pursuant to Chapter 1702. of the Revised Code and have
as its primary purpose the promotion of economic development or
the creation or retention of jobs and job opportunities. The
criteria may include a specification as to the professional
qualifications of the corporation employees, a minimum elapsed
period of time since the corporation was organized, current and
former activities of the corporation, and such other criteria
reasonably related to the foregoing that relate to the ability of
the corporation to act as a qualified agent for the purposes of
sections 135.51 to 135.88 of the Revised Code.
(C) The director of development may request the attorney general
to, and the attorney general shall in accordance with section 109.02 of the Revised Code,
bring a civil action in any court of competent jurisdiction. The director may
be sued in the director's official capacity, in connection with this chapter,
in accordance with Chapter 2743. of the Revised Code.
Sec. 166.03. (A) There is hereby created the facilities
establishment fund within the state treasury, consisting of
proceeds from the issuance of obligations as specified under
section 166.08 of the Revised Code; the moneys received by the
state from the sources specified in section 166.09 of the Revised
Code; service charges imposed under sections 166.06 and 166.07 of
the Revised Code; any grants, gifts, or contributions of moneys
received by the director of development to be used for loans made
under section 166.07 of the Revised Code or for the payment of
the allowable costs of project facilities; and all other moneys
appropriated or transferred to the fund. Moneys in the loan
guarantee fund in excess of four per cent of the unpaid principal
amount of loan repayments guaranteed under section 166.06 of the
Revised Code, but subject to the provisions and requirements of
any guarantee contracts, may be transferred to the facilities
establishment fund by the treasurer of state upon the order of
the director of development. Moneys received by the state under
Chapter 122. of the Revised Code, to the extent allocable to the
utilization of moneys derived from proceeds of the sale of
obligations pursuant to section 166.08 of the Revised Code, shall
be credited to the facilities establishment fund.
(B) All moneys appropriated or transferred to the
facilities establishment fund may be released at the request of
the director for payment of allowable costs or the making of
loans under this chapter, for transfer to the loan guarantee fund
established in section 166.06 of the Revised Code, or for use for the purpose
of or transfer to the funds established by
sections 122.35, 122.42, 122.54, 122.55, 122.56, 122.561, 122.57, and
122.80, and until January 1, 1999, section
122.26, AND UNTIL JUNE 30, 1999, SECTION
901.82 of the Revised Code, but only for such of those purposes
as are within the authorization of Section 13 of Article VIII,
Ohio Constitution, in all cases subject to the approval of the
controlling board.
(C) Moneys transferred to the facilities establishment
fund under section 3734.82 of the Revised Code shall be used
exclusively for eligible projects that recover or recycle energy
from scrap tires, as "scrap tires" is defined in section 3734.01
of the Revised Code, for any of the following purposes:
(1) Making loans under this chapter;
(2) Making grants;
(3) Providing other incentives, including, without
limitation, entering into contracts with private entities to
conduct environmental studies or tests for eligible projects that
propose to recover energy from scrap tires.
The director shall adopt rules under division (B)(9) of
section 166.02 of the Revised Code for the purpose of
administering this division.
(D) The department of development, in the administration
of the facilities establishment fund, is encouraged to utilize
and promote the utilization of, to the maximum practicable
extent, the other existing programs, business incentives, and tax
incentives that department is required or authorized to
administer or supervise.
Sec. 901.63. (A) The agricultural financing commission SHALL DO
BOTH OF THE FOLLOWING UNTIL JUNE 30, 1999:
(1) MAKE RECOMMENDATIONS TO THE DIRECTOR OF AGRICULTURE ABOUT FINANCIAL
ASSISTANCE APPLICATIONS MADE PURSUANT TO SECTIONS 901.80 TO 901.82 of the Revised Code. THE
COMMISSION MAY REVISE ITS RECOMMENDATIONS TO REFLECT ANY CHANGES IN THE
PROPOSED ASSISTANCE MADE BY THE DIRECTOR.
(2) ADVISE THE DIRECTOR IN THE ADMINISTRATION OF SECTIONS 901.80 TO 901.82
of the Revised Code.
(B) THE COMMISSION may:
(A)(1) Adopt bylaws for the conduct of its business;
(B)(2) Exercise all rights, powers, and duties conferred on
the commission as an issuer under Chapter 902. of the Revised
Code;
(C)(3) Contract with, retain, or designate financial
consultants, accountants, and such other consultants and
independent contractors as the commission may determine to be
necessary or appropriate to carry out the purposes of this
chapter and to fix the terms thereof OF THOSE CONTRACTS;
(D)(4) Undertake and carry out or authorize the completion of
studies and analyses of agricultural conditions and needs within
the state relevant to the purpose of this chapter to the extent
not otherwise undertaken by other departments or agencies of the
state satisfactory for such purpose;
(E)(5) Acquire by gift, purchase, foreclosure, or other
means, and hold, assign, pledge, lease, transfer, or otherwise
dispose of real and personal property, or any interest therein IN
THAT REAL AND PERSONAL PROPERTY,
in the exercise of its powers and the performance of its duties
under this chapter and Chapter 902. of the Revised Code;
(F)(6) Receive and accept gifts, grants, loans, or any other
financial or other form of aid from any federal, state, local, or
private agency or fund and enter into any contract with any such
agency or fund in connection therewith, and receive and accept
aid or contributions from any other source of money, property,
labor or things of value, to be held, used, and applied only for
the purposes for which such grants and contributions are made,
all within the purposes of this chapter and Chapter 902. of the
Revised Code;
(G)(7) Sue and be sued in its own name with respect to its
contracts or to enforce this chapter or its obligations or
covenants made under this chapter and Chapter 902. of the Revised
Code;
(H)(8) Make and enter into all contracts, commitments, and
agreements, and execute all instruments necessary or incidental
to the performance of its duties and the execution of its powers
under this chapter and Chapter 902. of the Revised Code;
(I)(9) Adopt an official seal;
(J)(10) Do any and all things necessary or appropriate to
carry out the public purposes and exercise the powers granted to
the commission in this chapter and Chapter 902. of the Revised
Code and the public purposes of Section 13 of Article VIII, Ohio
Constitution.
Sec. 901.80. TO PROMOTE ECONOMIC OPPORTUNITY FOR
PERSONS WHO DESIRE TO ENGAGE IN AGRICULTURAL PRODUCTION, TO
ENHANCE THE ECONOMIC VIABILITY OF THE STATE'S AGRICULTURAL
AREAS, TO HELP PROVIDE THE STATE'S AGRIBUSINESSES WITH THE FARM
PRODUCTS NECESSARY FOR THEIR OPERATIONS, AND TO IMPROVE THE
ECONOMIC WELFARE OF THE PEOPLE OF THE STATE, THE DIRECTOR OF
AGRICULTURAL SHALL ADMINISTER THE FAMILY FARM LOAN PROGRAM,
WHICH IS HEREBY ESTABLISHED IN ACCORDANCE WITH SECTION 13 OF
ARTICLE VIII,
OHIO CONSTITUTION,
TO ASSIST ELIGIBLE APPLICANTS BY PROVIDING
FINANCIAL ASSISTANCE IN THE FORM OF LOANS AND LOAN GUARANTEES
FOR LAND ACQUISITION; CONSTRUCTING, RECONSTRUCTING,
REHABILITATING, REMODELING, RENOVATING, ENLARGING, OR IMPROVING
AGRICULTURAL BUILDINGS; AND ACQUIRING MACHINERY AND EQUIPMENT.
AN ELIGIBLE APPLICANT RECEIVING ASSISTANCE UNDER THE
FAMILY FARM LOAN PROGRAM IS NOT PRECLUDED FROM FURTHER
PARTICIPATION IN THIS OR ANY OTHER DEPARTMENT OF AGRICULTURE
FINANCIAL PROGRAM.
Sec. 901.81. (A) IN ADMINISTERING THE PROGRAM
ESTABLISHED UNDER SECTION 901.80 OF THE
REVISED CODE, THE
DIRECTOR OF AGRICULTURE SHALL DO ALL OF THE FOLLOWING:
(1) RECEIVE APPLICATIONS FOR FINANCIAL ASSISTANCE, AND,
AFTER PROCESSING, FORWARD THEM TO THE AGRICULTURAL FINANCING
COMMISSION TOGETHER WITH NECESSARY SUPPORTING
INFORMATION;
(2) RECEIVE THE RECOMMENDATIONS OF THE COMMISSION MADE
UNDER DIVISION (A)(1) OF SECTION
901.63 of the Revised Code
AND THE RECOMMENDATIONS OF THE DIRECTOR OF DEVELOPMENT
MADE UNDER DIVISION (A)(12)(a) OF
SECTION 122.011 OF THE REVISEDCODE AND MAKE A FINAL DETERMINATION WHETHER
TO APPROVE THE APPLICATION FOR FINANCIAL ASSISTANCE;
(3) TRANSMIT THE DIRECTOR'S DETERMINATIONS TO APPROVE
ASSISTANCE TO THE CONTROLLING BOARD TOGETHER WITH ANY
INFORMATION THE CONTROLLING BOARD REQUIRES FOR ITS REVIEW AND
ITS DECISION WHETHER TO APPROVE THE RELEASE OF MONEY FOR THE FINANCIAL
ASSISTANCE,
INCLUDING THE DETERMINATION MADE BY THE DEPARTMENT OF
DEVELOPMENT UNDER DIVISION (A)(12)(a)
OF SECTION 122.011 OF THE REVISEDCODE;
(4) WORK IN CONJUNCTION WITH CONVENTIONAL LENDING
INSTITUTIONS AND OTHER PRIVATE AND PUBLIC FINANCING SOURCES TO
PROVIDE LOANS OR LOAN GUARANTEES TO ELIGIBLE APPLICANTS;
(5) ESTABLISH FEES, CHARGES, INTEREST RATES, PAYMENT
SCHEDULES, LOAN TRANSFER PROVISIONS, PENALTIES, INCLUDING
PENALTIES FOR THE CONVERSION OF LAND DEVOTED EXCLUSIVELY TO
AGRICULTURAL USE, AND OTHER TERMS AND CONDITIONS FOR LOANS AND
LOAN GUARANTEES PROVIDED UNDER THE LOAN PROGRAM CREATED BY
SECTION 901.80 OF THE REVISEDCODE;
(6) REQUIRE EACH APPLICANT TO DO BOTH OF THE
FOLLOWING:
(a) DEMONSTRATE THAT THERE
ARE NO ZONING RESTRICTIONS, ENVIRONMENTAL REGULATIONS, OR OTHER
IMPAIRMENTS TO THE USE OF THE LAND FOR THE PURPOSE
INTENDED;
(b) PROVIDE A FARM BUSINESS PLAN, INCLUDING AN
OVERVIEW OF THE TYPE OF AGRICULTURAL OPERATION THE APPLICANT
ANTICIPATES CONDUCTING, AND A MANAGEMENT STRATEGY FOR THE
PROJECT.
(7) INFORM AGRICULTURAL ORGANIZATIONS AND OTHERS IN THE
STATE OF THE EXISTENCE OF THE PROGRAM ESTABLISHED UNDER SECTION 901.80 of the Revised Code
AND OF THE FINANCIAL ASSISTANCE AVAILABLE UNDER THE PROGRAM;
(8) REPORT TO THE GOVERNOR, PRESIDENT OF THE SENATE,
SPEAKER OF THE HOUSE OF REPRESENTATIVES, AND MINORITY LEADERS OF
THE SENATE AND THE HOUSE OF REPRESENTATIVES BY THE THIRTIETH DAY
OF JUNE OF EACH YEAR ON THE ACTIVITIES CARRIED OUT UNDER THE
PROGRAM DURING THE PRECEDING CALENDAR YEAR. THE REPORT SHALL
INCLUDE THE NUMBER OF LOANS MADE THAT YEAR, THE AMOUNT OF EACH
LOAN, THE COUNTY IN WHICH THE LOAN RECIPIENT'S FARM IS LOCATED,
AND WHATEVER OTHER INFORMATION THE DIRECTOR DETERMINES IS
RELEVANT TO INCLUDE.
(9) ADOPT RULES IN ACCORDANCE WITH
CHAPTER119.OF THE
REVISEDCODE ESTABLISHING ALL
OF THE FOLLOWING WITH REGARD TO THE PROGRAM:
(a) FORMS AND PROCEDURES BY WHICH ELIGIBLE
APPLICANTS MAY APPLY FOR ASSISTANCE;
(b) CRITERIA FOR REVIEWING, EVALUATING, AND
RANKING APPLICATIONS, AND FOR APPROVING APPLICATIONS THAT BEST
SERVE THE GOALS OF THE PROGRAM;
(c) REPORTING REQUIREMENTS AND MONITORING
PROCEDURES;
(d) ANY OTHER RULES NECESSARY TO IMPLEMENT AND
ADMINISTER THE PROGRAM.
(B) IN ORDER TO BE ELIGIBLE FOR FINANCIAL
ASSISTANCE UNDER SECTION 901.80OF THE
REVISEDCODE, AN
APPLICANT SHALL DEMONSTRATE ALL OF THE FOLLOWING:
(1) THAT THE APPLICANT IS DOMICILED IN THIS STATE;
(2) THAT THE APPLICANT IS UNABLE TO OBTAIN REASONABLE
FINANCING FROM COMMERCIAL OR AGRICULTURAL LENDING
SOURCES;
(3) THAT THE APPLICANT HAS THE ABILITY TO REPAY THE LOAN,
PRIMARILY FROM THE CASH FLOW OF THE PROPOSED FARMING OPERATION,
AND THAT THERE IS ADEQUATE SECURITY FOR THE LOAN;
(4) THAT THE APPLICANT HAS SUFFICIENT EDUCATION, TRAINING, OR
EXPERIENCE IN THE TYPE OF FARMING FOR WHICH THE APPLICANT
REQUESTS THE LOAN OR LOAN GUARANTEE.
Sec. 901.82. THE FAMILY FARM LOAN FUND IS HEREBY CREATED
IN THE STATE TREASURY FOR THE PURPOSES OF THE PROGRAM
ESTABLISHED UNDER SECTION 901.80 of the Revised Code.
THE
DIRECTOR OF AGRICULTURE SHALL DEPOSIT MONEY RECEIVED FOR THOSE
PURPOSES TO THE CREDIT OF THE FUND. THE AMOUNT
OF THE FUND SHALL NOT EXCEED FIVE MILLION DOLLARS.
Section 2. That existing sections 122.011, 166.03, and 901.63
of the Revised Code are hereby repealed.
Section 3. Sections 901.80, 901.81, and 901.82 of the Revised
Code are hereby repealed, effective June 30, 1999.
Section 4. That Sections 47 and 47.15 of Am. Sub. H.B. 215 of
the 122nd General Assembly be amended to read as follows:
"Sec. 47. DEV
DEPARTMENT OF DEVELOPMENT
General Revenue Fund
GRF | 195-100 | Personal Services | $ | 2,595,000 | $ | 2,595,000 |
GRF | 195-200 | Maintenance | $ | 625,000 | $ | 625,000 |
GRF | 195-300 | Equipment | $ | 115,000 | $ | 115,000 |
GRF | 195-401 | Thomas Edison Program | $ | 23,250,000 | $ | 23,696,875 |
GRF | 195-404 | Small Business Development | $ | 2,360,000 | $ | 2,360,000 |
GRF | 195-405 | Minority Business Development Division | $ | 2,058,000 | $ | 2,058,000 |
GRF | 195-406 | Transitional and Permanent Housing | $ | 2,859,900 | $ | 2,864,847 |
GRF | 195-407 | Travel and Tourism | $ | 6,450,000 | $ | 6,450,000 |
GRF | 195-408 | Coal Research Development | $ | 570,000 | $ | 582,699 |
GRF | 195-410 | Defense Conversion Assistance Program | $ | 1,100,000 | $ | 2,350,000 |
GRF | 195-411 | Minority Development Financing Advisory Board | $ | 347,760 | $ | 356,454 |
GRF | 195-412 | Business Development | $ | 11,000,000 | $ | 11,500,000 |
GRF | 195-414 | First Frontier Match | $ | 500,000 | $ | 500,000 |
GRF | 195-415 | Regional Offices and Economic Development | $ | 6,663,160 | $ | 6,718,894 |
GRF | 195-416 | Governor's Office of Appalachia | $ | 654,000 | $ | 654,000 |
GRF | 195-417 | Urban/Rural Initiative Grant Program | $ | 10,000,000 | $ | 4,000,000 |
GRF | 195-422 | Technology Action | $ | 1,000,000 | $ | 2,000,000 |
GRF | 195-423 | Miami Valley Center for
Information Technologies | $ | 350,000 | $ | 650,000 |
GRF | 195-431 | Community Development Corporation Grants | $ | 2,500,000 | $ | 2,600,000 |
GRF | 195-432 | International Trade | $ | 5,300,000 | $ | 5,400,000 |
GRF | 195-434 | Industrial Training | $ | 9,937,923 | $ | 9,600,469 |
GRF | 195-436 | Labor/Management Cooperation | $ | 1,200,000 | $ | 1,200,000 |
GRF | 195-440 | Emergency Shelter Housing Grants | $ | 3,014,800 | $ | 3,017,674 |
GRF | 195-441 | Low and Moderate Income Housing | $ | 8,000,000 | $ | 8,000,000 |
GRF | 195-497 | State Match - Community Development Block Grant | $ | 1,160,000 | $ | 1,160,000 |
GRF | 195-498 | State Energy Match | $ | 100,000 | $ | 150,000 |
GRF | 195-501 | Appalachian Local Development Districts | $ | 443,500 | $ | 443,500 |
GRF | 195-502 | Appalachian Regional Commission | $ | 160,000 | $ | 160,000 |
GRF | 195-507 | Travel & Tourism Grants | $ | 1,550,000 | $ | 1,300,000 |
TOTAL GRF General Revenue Fund | $ | 105,864,043 | $ | 103,108,412 |
General Services Fund Group
135 | 195-605 | Supportive Services | $ | 6,749,805 | $ | 6,918,701 |
442 | 195-606 | Merchandise for Resale | $ | 3,000 | $ | 3,000 |
685 | 195-636 | General Reimbursement | $ | 1,061,025 | $ | 1,078,948 |
TOTAL GSF General Services Fund | | | | |
Group | $ | 7,813,830 | $ | 8,000,649 |
Federal Special Revenue Fund Group
308 | 195-602 | Appalachian Regional Commission | $ | 650,000 | $ | 650,000 |
308 | 195-603 | Housing and Urban Development | $ | 31,837,225 | $ | 32,631,507 |
308 | 195-605 | Federal Projects | $ | 7,871,000 | $ | 7,871,000 |
308 | 195-609 | Federal Projects Small Business | $ | 7,500,000 | $ | 7,500,000 |
3K9 | 195-611 | Home Energy Assistance Block Grant | $ | 59,417,200 | $ | 59,492,628 |
3L0 | 195-612 | Community Services Block Grant | $ | 16,715,539 | $ | 17,133,177 |
3K8 | 195-613 | Community Development Block Grant | $ | 65,000,000 | $ | 65,000,000 |
3K9 | 195-614 | HEAP Weatherization | $ | 10,413,818 | $ | 10,420,948 |
308 | 195-616 | Technology Programs | $ | 500,000 | $ | 500,000 |
308 | 195-618 | Energy Federal Grants | $ | 1,753,019 | $ | 1,796,126 |
308 | 195-642 | International Trade Promotion | $ | 200,000 | $ | 0 |
335 | 195-610 | Oil Overcharge | $ | 8,500,000 | $ | 8,500,000 |
380 | 195-622 | Housing Development | $ | 2,584,607 | $ | 2,634,097 |
TOTAL FED Federal Special Revenue | | | | |
Fund Group | $ | 212,942,408 | $ | 214,129,483 |
State Special Revenue Fund Group
4F2 | 195-639 | State Special Projects | $ | 1,821,569 | $ | 1,510,913 |
4G9 | 195-633 | Travel and Tourism Marketing | $ | 100,000 | $ | 100,000 |
4H4 | 195-641 | First Frontier | $ | 1,000,000 | $ | 1,000,000 |
4S0 | 195-630 | Enterprise Zone Operating | $ | 275,000 | $ | 282,000 |
4S1 | 195-634 | Job Creation Tax Credit Operating | $ | 225,000 | $ | 235,000 |
4W1 | 195-646 | Minority Business Enterprise Loan | $ | 3,800,000 | $ | 3,800,000 |
444 | 195-607 | Water and Sewer | $ | 2,300,000 | $ | 2,300,000 |
445 | 195-617 | Housing Finance Agency | $ | 2,950,000 | $ | 3,022,551 |
450 | 195-624 | Minority Business Bonding Program Administration | $ | 132,381 | $ | 135,690 |
451 | 195-625 | Economic Development Financing Operating | $ | 1,998,433 | $ | 2,036,868 |
611 | 195-631 | Water and Sewer Administration | $ | 44,000 | $ | 45,000 |
646 | 195-638 | Low and Moderate Income Housing Trust Fund | $ | 18,500,000 | $ | 20,500,000 |
TOTAL SSR State Special Revenue | | | | |
Fund Group | $ | 33,146,383 | $ | 34,968,022 |
Facilities Establishment Fund
037 | 195-615 | Facilities Establishment | $ | 62,500,000 | $ | 52,500,000 |
4Z6 | 195-647 | Rural Industrial Park Loan | $ | 5,000,000 | $ | 5,000,000 |
| | | | 2,500,000 | | 2,500,000 |
5D1 | 195-649 | Port Authority Bond Reserves | $ | 2,500,000 | $ | 2,500,000 |
5D2 | 195-650 | Urban Redevelopment Loans | $ | 10,000,000 | $ | 20,000,000 |
5H1195-652
FAMILY FARM
LOAN
| | | $ | 2,500,000 | $ | 2,500,000 |
TOTAL
037 Facilities | | | | |
Establishment Fund | $ | 80,000,000 | $ | 80,000,000 |
Coal Research/Development Fund
046 | 195-632 | Coal Research and Development Fund | $ | 12,000,000 | $ | 12,000,000 |
TOTAL 046 Coal Research/ | | | | |
Development Fund | $ | 12,000,000 | $ | 12,000,000 |
TOTAL ALL BUDGET FUND GROUPS | $ | 451,766,664 | $ | 452,206,566 |
Sec. 47.15. Facilities Establishment Fund
The foregoing appropriation item 195-615, Facilities
Establishment Fund (Fund 037), shall be used for the purposes of
the
Facilities Establishment Fund under Chapter 166. of the Revised
Code.
Notwithstanding Chapter 166. of the Revised Code, up to
$1,600,000 may be
transferred each fiscal year from the
Facilities Establishment Fund (Fund 037) to the Economic
Development Financing Operating Fund (Fund 451). The transfer is
subject
to Controlling Board approval pursuant to division (B) of section
166.03 of the Revised Code. The transfer shall be made using an
intrastate transfer voucher.
Notwithstanding Chapter 166. of the Revised Code, up to
$3,800,000 may be transferred in each fiscal year of the biennium
from the Facilities Establishment Fund (Fund 037) to the Minority
Business Enterprise Loan (Fund 4W1). The transfer is
subject to Controlling Board approval pursuant to division (B) of
section 166.03 of the Revised Code. The transfer shall be made
using an intrastate transfer voucher.
Notwithstanding Chapter 166. of the Revised Code, up to $5,000,000 cash may be
transferred during the biennium from the Facilities Establishment Fund (Fund
037) to the Port Authority Bond Reserves Fund (Fund 5D1) for use by any port
authority in establishing or supplementing bond reserve funds for any bond
issuance permitted under Chapter 4582. of the Revised Code. The Director of
Development shall develop program guidelines for the transfer and release of
funds, including, but not limited to, a provision that no port authority
shall receive more than $2,000,000. The transfer and release of funds are
subject to Controlling Board approval. The transfer shall be made using an
intrastate transfer voucher.
Of the foregoing appropriation item 195-649, Port
Authority Bond Reserves, $2,000,000 over the biennium, subject
to Controlling Board approval, shall go to the Cleveland Port
Authority to establish or supplement bond reserves per the
guidelines set forth by the director of development.
Notwithstanding Chapter 166. of the Revised Code, up to $30,000,000 cash may
be transferred during the biennium from the Facilities Establishment Fund
(Fund 037) to the Urban Redevelopment Loan Fund (Fund 5D2) for the purpose of
removing barriers to urban core redevelopment. The Director of Development
shall develop program guidelines for the transfer and release of funds,
including, but not limited to, the completion of all appropriate
environmental assessments before state assistance is committed to a project.
The transfer and release of funds are subject to Controlling Board approval.
The transfer shall be made using an intrastate transfer voucher.
_FAMILY _FARM
_LOAN _PROGRAM
NOTWITHSTANDING CHAPTER 166. of the Revised Code, UP TO $2.5 MILLION IN EACH
FISCAL YEAR SHALL BE TRANSFERRED FROM THE RURAL INDUSTRIAL
PARK LOAN FUND (FUND 4Z6) TO THE
FAMILY FARM LOAN FUND (FUND
5H1) IN THE DEPARTMENT OF DEVELOPMENT. THE
TRANSFER IS SUBJECT TO CONTROLLING BOARD APPROVAL. THE
TRANSFER SHALL BE MADE USING AN INTRASTATE TRANSFER VOUCHER.
LOANS FROM THE FAMILY FARM LOAN FUND
WILL BE REPAID TO FUND 5H1. THIS FUND IS ESTABLISHED IN
ACCORDANCE WITH SECTIONS 901.80, 901.81, AND 901.82 of the Revised Code.
AT THE RECOMMENDATION OF THE DIRECTOR OF DEVELOPMENT, THE
DIRECTOR OF BUDGET AND MANAGEMENT SHALL TRANSFER UP
TO $5 MILLION, PLUS INTEREST CHARGES AND OTHER FEES IF DEEMED APPROPRIATE,
FROM FUND 5H1, FAMILY FARM LOAN
FUND, TO THE FACILITIES ESTABLISHMENT FUND
(FUND 037).
WHEN THE FAMILY FARM LOAN FUND
(FUND 5H1) CEASES TO EXIST, ALL LOAN REPAYMENTS AND ANY
OTHER OUTSTANDING OBLIGATIONS SHALL BE PAID TO THE FACILITIES
ESTABLISHMENT FUND (FUND 037)."
Section 5. That existing Sections 47 and 47.15 of Am. Sub. H.B.
215 of the 122nd General Assembly are hereby repealed.
Section 6. The codified and uncodified sections of law
contained in this act are not subject to the referendum.
Therefore, under Ohio Constitution, Article II, Section 1d, and
section 1.471 of the Revised Code, these codified and uncodified
sections go into immediate effect when this act becomes law.
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