❌ SB300
Regards the Treasurer of State
Summary
The bill amends various sections of the Ohio Revised Code related to the Treasurer of State, including provisions for the management and investment of state funds, the establishment of accounts, and the responsibilities of the Treasurer. It also repeals certain sections and enacts new provisions regarding the handling of public moneys and the establishment of various funds.
Rationale
The bill primarily involves the management and oversight of state funds, which may be seen as increasing government control over financial matters. This conflicts with Libertarian principles advocating for minimal government intervention in economic affairs. However, some provisions may align with the LPO's focus on limiting government overreach and ensuring responsible management of public funds.
Risks and Concerns
- Increased government control over financial management
- Potential for misuse of funds or lack of transparency
- Restrictions on individual financial autonomy