❌ HB159
Create the manufacturing technologies assistance grant program
Summary
The bill establishes the manufacturing technologies assistance grant program, allowing eligible manufacturers in Ohio to apply for grants to fund projects that enhance productivity, efficiency, and competitiveness through technology integration. Eligible manufacturers must meet specific criteria, including revenue thresholds and employee counts, and must provide matching funds. The program is funded with an appropriation of $24 million from the General Revenue Fund.
Rationale
The bill promotes government grants and funding for specific industries, which conflicts with the Libertarian principles of minimal government intervention in the economy and free market operations. Both the LP and LPO platforms oppose government contracts that create cronyism or require payments above fair market value, aligning with the concerns about the bill's implications for economic liberty.
Risks and Concerns
- Increased government control over economic activities
- Potential for cronyism and favoritism in grant distribution
- Misallocation of taxpayer funds