SB397
Enact the JobsOhio Transparency Act
📋 What This Bill Does
The JobsOhio Transparency Act modifies the law governing JobsOhio, requiring audits by the auditor of state, disclosure of certain employee information, and controlling board oversight of fund releases.
Plain English summary · Non-partisan · Auto-generated
Rationale
The bill aligns with libertarian principles to some extent by introducing transparency and accountability measures for a government entity. However, it falls short in fully promoting limited government and free markets due to its continued existence of a state-controlled corporation.
Risks and Concerns
- Continued government involvement in economic development through JobsOhio
- Potential for audits and oversight to still allow for government overreach
- Infringement on free market principles by maintaining government control over economic activities
Platform Citations (2)
2.1 Aggression, Property, and Contract (2_1)
SUPPORTS
The bill introduces transparency and accountability measures for JobsOhio, aligning with principles of limited government and property rights.
2.0 ECONOMIC LIBERTY (2_0)
OPPOSES
The bill maintains government involvement in economic development through JobsOhio, which contradicts principles of free markets.