The bill aims to establish the Ohio Local Government Expenditure Database and mandates participation from political subdivisions and state retirement systems. It amends several sections of the Revised Code and introduces new sections to define terms such as "expenditure," "revenue," and "state retirement system." The bill requires the treasurer of state to create and maintain the database, which will include information on expenditures and revenues from state entities and political subdivisions. The database will be publicly accessible and must be updated annually, with more frequent updates required after five years.

Additionally, the bill outlines the specific information that must be included in the database, such as the amount and date of expenditures and revenues, as well as the entities involved. It also includes provisions for the database's features, such as searchability and filtering capabilities. The bill repeals existing sections related to the previous expenditure database and appropriates $5 million from the General Revenue Fund for the creation and maintenance of the new database. Overall, the legislation aims to enhance transparency and accountability in government spending at both the state and local levels.

Statutes affected:
As Introduced: 113.70, 113.71, 113.72, 113.73, 113.74, 113.75, 113.76, 5501.521, 113.77
As Reported By House Committee: 113.70, 113.71, 113.72, 113.73, 113.74, 113.75, 113.76, 5501.521, 113.77
As Re-referred to House Committee: 113.70, 113.71, 113.72, 113.73, 113.74, 113.75, 113.76, 5501.521, 113.77