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HB 329
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H. B. No. 329 As Introduced

As Introduced

130th General Assembly

Regular Session

2013-2014

H. B. No. 329

Representative Hall

Cosponsors: Representatives Retherford, DeVitis, Henne, Letson, Romanchuk, Brown, Thompson, Grossman, Scherer, Smith, Blair, Terhar, Hackett, Conditt

A BILL

To require the Director of Budget and Management to make payments on the balance of amounts borrowed by the state from the federal government to issue unemployment benefits and to make an appropriation.

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

Section 1. There is hereby appropriated from the General Revenue Fund $404,000,000 for the Director of Budget and Management to make payments to the United States Secretary of the Treasury on the balance of amounts borrowed by the state from the federal government to issue unemployment benefits from the state's Unemployment Compensation Trust Fund. The Director of Budget and Management shall fully expend the aforementioned amount for this purpose by June 30, 2015. The Director of Budget and Management may establish new appropriation items as determined necessary by the Director to facilitate the payments.