The bill proposes the establishment of the Ohio International Trade Commission by enacting sections 122.67 and 122.671 of the Revised Code. The commission will focus on enhancing trade and investment between Ohio and up to eight designated regions, promoting multilateral trade, joint research agreements, business and academic exchanges, and the creation of international trade and technology centers. The commission will consist of various members, including state legislators and representatives from the Ohio Chamber of Commerce and relevant administrative departments, with initial appointments required within ninety days of the bill's effective date. Members will serve without compensation, and the commission will be responsible for issuing annual reports on its activities and funding.

Additionally, the bill allows the treasurer of state to negotiate the purchase of bonds from the designated regions using funds from the newly created international trade commission fund. These bonds must meet specific rating criteria and be issued by foreign nations recognized by the U.S. government. Interest earned from these bonds will be deposited back into the fund to support the commission's initiatives, including financing trade trips and other activities. The treasurer may also negotiate below-market interest rates for bonds intended to fund significant projects within the state.