To enact section 122.09 of the Revised Code to require the Department of Development annually to compile a report of companies that relocated out of this state and to attempt to determine the motivation behind the relocations.

Section 1. That section 122.09 of the Revised Code be enacted to read as follows:

Sec. 122.09.  (A) The director of development, not later than the thirty-first day of July in each year, shall compile a report identifying companies formerly based in Ohio that, beginning in the year 2007, relocated outside of this state. Information to be included in the report shall include, but not be limited to, all of the following:

(1) The name of the departed or departing company;

(2) The line of business in which the company was or is engaged;

(3) Location in Ohio from which the company departed or is departing;

(4) Location to which the company departed or is departing;

(5) The date of the relocation;

(6) Reasons for the company's relocation;

(7) Overhead the company contributed to Ohio, such as employment, tax base, or community service;

(8) Costs Ohio incurred due to the company, such as tax incentives or nuisance;

(9) Any other information the director of development believes will help create a model of relocations of companies that are departing or have departed this state.

(B) The director of development shall develop a questionnaire that may be submitted to and returned by companies that have relocated, or that are relocating, outside of this state to acquire the information required to be included in the report, including the reasons that the companies have decided to leave Ohio.

(C) Upon completion of the report, the director shall submit a copy of the report to the president, minority leader, and clerk of the senate and to the speaker, minority leader, and clerk of the house of representatives.