❌ HB413
Regards Ohio State, Local Government Expenditure Databases
Current Status: In House Committee (Technology and Innovation)
Summary
HB413 establishes the Ohio Local Government Expenditure Database, requiring political subdivisions and state retirement systems to participate by providing expenditure and revenue information. The database will be publicly accessible and aims to enhance transparency in government spending. It mandates state entities to assist in its development and operation.
Rationale
The bill promotes government transparency, which aligns with the Libertarian principles of individual rights and government accountability. However, it also imposes requirements on political subdivisions and state entities, which may conflict with the Libertarian emphasis on minimal government intervention and free markets.
Risks and Concerns
- Increased government oversight may lead to inefficiencies.
- Potential for misuse of collected data.