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 "supplier." Notably, it includes provisions for the database to contain information on both expenditures and revenues, enhancing transparency in government financial activities. The bill also specifies that the database will be publicly accessible and outlines the responsibilities of state entities in supporting its development and maintenance.

Additionally, 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. It emphasizes that the database will not include confidential information and requires political subdivisions to provide relevant financial data. The treasurer of state is tasked with overseeing the database, ensuring it includes features such as searchability and the ability to filter and download information. Overall, the legislation seeks to improve public access to government financial data and enhance accountability across state and local entities.

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