❌ HB278
Regards the Treasurer of State
Current Status: In House Committee (Financial Institutions)
Summary
HB278 amends various sections of the Ohio Revised Code related to the Treasurer of State, including provisions for the management of state funds, investment policies, and the establishment of various funds. It also repeals certain sections and requires the Treasurer to adopt rules for implementation. The bill includes provisions for the collection and distribution of fees related to various state services.
Rationale
The bill involves increased government regulation and oversight of financial practices, which conflicts with Libertarian principles advocating for minimal government intervention in economic matters. It does not support the Libertarian emphasis on individual liberty and free markets, leading to a mixed alignment score.
Risks and Concerns
- Increased government control over financial practices
- Potential for bureaucratic inefficiencies
- Restrictions on individual financial autonomy