❌ HB292
Establish the Ohio Defense Commission
Summary
The bill establishes the Ohio Defense Commission, which will promote the defense industry in Ohio by administering programs, approving expenditures from the Ohio defense fund, and developing strategies for industry growth. It includes provisions for the commission's composition, duties, and the creation of a defense business incubator. The commission will also manage grants for economic development related to the defense sector.
Rationale
The bill promotes government involvement in the defense industry, which conflicts with Libertarian principles of minimal government intervention in markets and individual freedoms. It establishes a commission that administers funds and programs that could lead to cronyism and government overreach, opposing the Libertarian Party's advocacy for free markets and limited government.
Risks and Concerns
- Increased government control over the defense industry
- Potential for cronyism and nepotism
- Misallocation of taxpayer funds