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 that define key terms such as "expenditure," "revenue," and "state retirement system." The database will include comprehensive information on expenditures and revenues, ensuring public accessibility and transparency. The treasurer of state, in collaboration with other state departments, will oversee the creation and maintenance of this database, which will be accessible online without charge.

Additionally, the bill outlines the responsibilities of political subdivisions to provide expenditure and revenue information to the treasurer for inclusion in the database. It specifies features of the database, such as searchability and the ability to filter and download information. The bill also includes provisions for the protection of confidential information and establishes that the database will not include any records deemed confidential under state law. An appropriation of $5 million is allocated for the creation and maintenance of the Ohio Local Government Expenditure Database, with provisions for reappropriation in the following fiscal year.

Statutes affected:
As Introduced: 113.70, 113.71, 113.72, 113.73, 113.74, 113.75, 113.76, 5501.521, 113.77