reglab/statecodes huggingface dataset:
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-1 - Payments › Section 113-1-02 - Payments into the state treasury

Current through all regulations passed and filed through July 1, 2024
(A) Fees and moneys to be paid timely
(1)
									
									Notwithstanding
			 section
			 5703.058
			 of the Revised Code or other statutory provisions, within three business
			 days of physical receipt by a state entity, every state entity shall provide one or more revenue
			 pay-in documents and a copy of the deposit ticket(s) to the treasurer for all
			 moneys, checks, and drafts received for the state.
(2)
									Notwithstanding section
			 5703.058
			 of the Revised Code or other statutory provisions, within three business days
			 of an electronic deposit into a state entity's bank account established by the
			 treasurer, every state entity shall provide one or more revenue pay-in
			 documents for all electronic deposits (e.g., checks scanned for deposit, ACH
			 transactions, wires, revenue from financial transaction devices).
(3)
									If moneys,
			 checks, drafts, ACH transactions, wires, and revenue from financial transaction
			 devices are not paid in within the timeframe specified in paragraph (A)(1) or
			 (A)(2) of this rule, or modified as requested by the treasurer, and the
			 treasurer has attempted to communicate with the state entity regarding the
			 matter, the treasurer may, at a time of its choosing, prepare a revenue pay-in
			 document supporting the deposit. If the information that the treasurer utilized
			 to create the revenue pay-in document does not accurately record the moneys,
			 checks, drafts, or electronic deposit received, the state entity shall modify
			 the revenue pay-in document and resubmit to the office of budget and management
			 for approval.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-1 - Payments › Section 113-1-03 - Procedures for checks not accepted for deposit

Current through all regulations passed and filed through July 1, 2024
(A) Upon the return of a deposit item, the
			 treasurer shall give  electronic
			 notification of such return to the state entity
			 
								that
			 submitted the item for deposit. The state entity shall reimburse the state
			 treasury for the amount of the returned item. Reimbursement may be by
			  negative
			 revenue pay-in document, or reduction of revenue
			 pay-in document
								. If
			 reimbursement is not otherwise made, the treasurer shall prepare
			 and process a revenue modification document in
			 the amount of the returned item.
(B) For state entity bank accounts so
			 designated by the treasurer, the treasurer may instruct the bank to return
			 checks that were not accepted for deposit directly to the state entity. In this
			 case, the state entity is to deduct the returned item from the pay-in document
			 for the state entity's deposit in that account for the same business
			 day.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-1 - Payments › Section 113-1-04 - Payments out of the state treasury

Current through all regulations passed and filed through July 1, 2024
(A) All payments out of the state treasury
			 shall be by order of the director of budget and management by warrant or
			 electronic transfer of funds.
(B)
			 The treasurer shall manage the timing of payments out
			 of the state treasury so as to provide for orderly and measured payments out of
			 the state treasury.
(C)
								Warrants drawn on the state treasury will be honored at
			 the depositing financial institution of the state treasury. The negotiation of
			 warrants is subject to the rules and conditions set out by the financial
			 institution of the state treasury and subject to limitations of cash on
			 hand.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-1 - Payments › Section 113-1-06 - Reparations rotary reporting for courts

Current through all regulations passed and filed through July 1, 2024
The payment of all reparations rotary fees pursuant to sections
				
								177.011,
				917.99, 1901.26, 1907.24,
				 2303.201, 2743.70,
				2923.32,
				2923.34,
								2929.18,
				2929.28, 2929.32,
				2937.22,
								2949.091, 2949.094,
								2953.25,
								2953.32, 2953.35, 2953.36,
				 3109.14,
				 3705.242, 4301.57,
				4510.022, 4510.13, 4511.19,
				4511.81, 4513.263, 4707.99,
				4738.13,
								 and 5503.04 shall be made
				in accordance with this rule.
(A)
			 Method of payment
All payments  must be made by electronic funds transfer through the
				treasurer of 
									state's online payment processing system and
				remitted pursuant to procedures prescribed by the treasurer of state.
(B) Timeliness of payment
The payments must be made on a monthly basis within thirty
				calendar days following the end of each month unless otherwise directed by
				statute.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-3 - Contingent Fund › Section 113-3-01 - Treasurer's contingent fund

Current through all regulations passed and filed through July 1, 2024
(A) All money collected by the treasurer
			 that, in the treasurer's discretion, is provisional in nature or the
			 disposition of which cannot be determined immediately, shall be deposited to
			 the treasurer's contingent fund.
(B) Any state entity that receives money
			 which the state entity believes is provisional in nature or the disposition of
			 which cannot be determined immediately, may request approval by the treasurer
			 for deposit into the contingent fund. Such requests shall be in writing and
			 shall include the state entity's reasons for believing that the money should be
			 deposited in the contingent fund and not into or as a part of the state
			 treasury. The state entity shall provide such additional information as may be
			 required by the treasurer in considering a request.
(C) In making a determination on a request,
			 the treasurer shall consider the nature of the money (i.e., escrow, refund,
			 etc.), whether other feasible methods of accounting for the money exist, and
			 such other factors or information as the treasurer deems appropriate to each
			 particular circumstance. The treasurer shall notify the state entity, in
			 writing, of the approval or denial of a request.
(D) Upon receipt of the approval of a
			 request, the state entity shall provide to the treasurer a list of signatures
			 of three individuals who are authorized to request withdrawals of the
			 money.
(E) Deposit of moneys
			 approved for inclusion in the treasurer's contingent fund shall be on
			 contingency fund forms.
(F)
			 Withdrawal of money in the treasurer's contingent fund shall be requested on
			 contingency withdrawal forms .
			 The state entity seeking withdrawal shall also provide
			 sufficient documentation to adequately prove the funds belong to the
			 entity. The state entity's authorized signers must certify that the
			 withdrawal is for a proper and legitimate use of such money.
			 The treasurer of state will determine if the
			 documentation adequately supports the claim.
(G)
								Deposits of
			 moneys in the treasurer's contingent fund shall be available for withdrawal
			 until the subsequent fiscal year has concluded. If there are no valid requests
			 for withdrawal at the end of the subsequent fiscal year, the treasurer of state
			 will transfer the moneys into the general revenue fund.
Effective: 2/16/2017
Five Year Review
				(FYR) Dates: 11/30/2016 and
				02/16/2022
Promulgated
				Under: 111.15
Statutory
				Authority: 113.11
Rule
				Amplifies: 113.11
Prior
				Effective Dates: 2/21/86 (Emer), 5/3/06, 9/28/00,
				06/28/2007
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-4 - Intangible, Franchise, and Excise Tax Payments › Section 113-4-01 - Insurance premium tax payments

Current through all regulations passed and filed through July 1, 2024
The payment of any tax bill issued 
				pursuant to section 5725.22 of the Revised Code
				shall be made in accordance with the provisions of this rule.
(A) Method of payment
Payments must be made by electronic funds transfer and payable
				in United States dollars. The electronic funds transfer
				payment must clearly identify the specific taxpayer's account number so that
				proper credit can be given. Unidentifiable payments may be rejected at the
				discretion of the treasurer.
(B) Timeliness of payment
The payment must be made to the
				treasurer on or before the due date specified on the tax bill or by the end of
				the first business day immediately following the due date, if such due date
				falls on a Saturday, a Sunday or a holiday. For purposes of determining the
				timeliness of a payment and the imposition of any penalty for late payment, as
				may be provided for by law, payment is considered to be made when it is
				deposited into the state's designated insurance premium
				bank account as a payment made by or on behalf of a specific
				taxpayer.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-4 - Intangible, Franchise, and Excise Tax Payments › Section 113-4-03 - Motor vehicle and watercraft sales and use tax

Current through all regulations passed and filed through July 1, 2024
The payment of all motor vehicle and watercraft sales and use
				tax pursuant to sections
				4505.06 and
				1548.06 shall be made in
				accordance with this rule.
(A) Method
			 of payment
Payments must be made by electronic funds transfer through the
				treasurer of state's online payment processing system and remitted pursuant to
				procedures prescribed by the treasurer of state.
(B) Timeliness of payment
Each county clerk shall forward to the treasurer of state all
				sales and use tax collections resulting from sales of motor vehicles,
				off-highway motorcycles, all-purpose vehicles, titled watercraft and outboard
				motors during a calendar week on or before the Friday following the close of
				that week. If, on any Friday, the offices of the clerk of courts or the state
				are not open for business, the tax shall be forwarded to the treasurer of state
				on or before the next day on which the offices are open. Upon receipt of a tax
				payment, the treasurer of state shall forward an online remittance report to
				the tax commissioner. If the tax due for any week is not remitted by a clerk of
				courts as required, the commissioner may require the clerk to forfeit the
				poundage fees for the sales made during that week.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-5 - Continuing Education; Exemptions › Section 113-5-01 - Subdivision treasurer continuing education exemptions

Current through all regulations passed and filed through July 1, 2024
(A) For the purposes referenced in division
			 (A)(1) of section 135.22 of the Revised Code, the
			 term "investment" does not include "active deposits" as defined in section
			 135.01 of the Revised Code. A
			 subdivision treasurer, as defined in division (A)(1) of section
			 135.22 of the Revised Code, who
			 does not utilize interim moneys and exclusively utilizes active deposits is not
			 subject to annual continuing education requirements under division (B) of
			 section 135.22 of the Revised Code as
			 long as the treasurer of state is notified through the exemption process
			 outlined under division (E) of section
			 135.22 of the Revised
			 Code.
(B) Each subdivision
			 treasurer who invests or deposits public moneys only in (1) interim deposits
			 pursuant to division (B)(3) of section
			 135.14 of the Revised Code, (2)
			 redeposits of interim moneys pursuant to section
			 135.145 of the Revised Code, (3)
			 no-load money market mutual funds pursuant to division (B)(5) of section
			 135.14 of the Revised Code,
			 and/or (4) the Ohio subdivision's fund as provided in section
			 135.45 of the Revised Code
			 (commonly known as "STAR Ohio") pursuant to division (B)(6) of section
			 135.14 of the Revised Code, and
			 who wishes to be exempted from the requirements of section
			 135.22 of the Revised Code shall
			 complete the exemption process by following the instructions posted on the
			 center for public investment management online portal located at:
www.tos.ohio.gov
on or before
			 December thirty-first of the year in which the exemption is sought.
(C) If, during a year for which a subdivision
			 treasurer has obtained an exemption from continuing education requirements,
			 that subdivision treasurer invests or 
								deposits
			 public moneys in other than (1) interim deposits pursuant to division
			 (B)(3) of section 135.14 of the Revised Code, (2)
			 redeposits of interim moneys pursuant to section
			 135.145 of the Revised Code, (3)
			 no-load money market mutual funds pursuant to division (B)(5) of section
			 135.14 of the Revised Code,
			 and/or (4) STAR Ohio pursuant to division (B)(6) of section
			 135.14 of the Revised Code, the
			 exemption granted to that subdivision treasurer is no longer valid, and that
			 subdivision treasurer must then obtain the continuing education required by
			 law.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-5 - Continuing Education; Exemptions › Section 113-5-02 - Sweep accounts

Current through all regulations passed and filed through July 1, 2024
(A)
								 A sweep account
			 is not considered an investment for the purpose of continuing education
			 requirements under section
			 135.22 of the Revised Code, so
			 long as the sweep account sweeps from one type of deposit or investment
			 exempted from the continuing education requirements to another type of deposit
			 or investment exempted from the continuing education requirements under
			 division (E) of section
			 135.22 of the Revised Code.
			 Therefore, a subdivision treasurer or fiscal officer who uses a sweep account
			 for these purposes is not ineligible to obtain an exemption from continuing
			 education requirements solely based on the use of such a sweep
			 account.
Five Year Review (FYR) Dates:
				11/30/2017 and
				11/30/2022
Promulgated
				Under: 111.15
Statutory
				Authority: 135.22
Rule
				Amplifies: 135.22
Prior
				Effective Dates: 09/29/2013
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-5 - Continuing Education; Exemptions › Section 113-5-03 - Continuing education hours

Current through all regulations passed and filed through July 1, 2024
(A)
								Each county
			 treasurer who takes continuing education courses pursuant to division (B)(3)(a)
			 of section 321.46 of the Revised Code shall
			 complete:
(1)
									Twelve hours of such education in the subject areas of
			 investments, cash management, the collection of taxes, ethics, and any other
			 subject area that the treasurer of state determines is reasonably related to
			 the duties of the office of the county treasurer; and
(2)
									Twelve hours of
			 such education in the subject areas of governmental accounting, portfolio
			 reporting and compliance, office management, and any other subject area that
			 the auditor of state determines is reasonably related to the duties of the
			 office of the county treasurer.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-5 - Continuing Education; Exemptions › Section 113-5-04 - County treasurer continuing education biennial cycle

Current through all regulations passed and filed through July 1, 2024
For the purposes referenced in division (B)
			 of section
			 321.46
			 of the Revised Code, the "biennial cycle" runs from the first day of January of
			 an odd-numbered year to the last day of December in the following even-numbered
			 year. Therefore, after a county treasurer completes twelve months in office
			 after being sworn in, the continuing education's biennial cycle requirements
			 will initiate on the first day of January of the next odd-numbered year and
			 must be completed by the last day of December of the following even-numbered
			 year.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-5 - Continuing Education; Exemptions › Section 113-5-05 - Initial education requirements for appointed and specially elected county treasurers

Current through all regulations passed and filed through July 1, 2024
County treasurers who are appointed or specially
			 elected to fill a county treasurer vacancy shall complete initial education
			 requirements, as prescribed by division (B) of section
			 321.46
			 of the Revised Code, within four months after taking the oath of office.
(A)
									If the specially
			 elected or appointed county treasurer cannot reasonably complete their auditor
			 of state initial training requirements within the four-month time-period, the
			 auditor of state may enter into a written agreement with the county treasurer
			 to extend the timeline outlined in this rule for completing the requirements
			 under division (B)(1) of section
			 321.46
			 of the Revised Code.
(B)
									If the specially elected or appointed county treasurer
			 cannot reasonably complete their treasurer of state initial training
			 requirements within the four-month time-period, the treasurer of state may
			 enter into a written agreement with the county treasurer to extend the timeline
			 outlined in this rule for completing the requirements under division (B)(1) of
			 section
			 321.46
			 of the Revised Code.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-6 - Investment Rating Standards › Section 113-6-01 - Investment rating standards

Current through all regulations passed and filed through July 1, 2024
(A) As used in this rule:
(1) "NRSRO" means a credit rating agency duly
			 registered with the securities and exchange commission as a nationally
			 recognized statistical rating organization.
(2) "Fitch" means Fitch
			 ratings, inc. or its successor.
(3) "Moody's" means Moody's investors
			 service, inc. or its successor.
(4)
			 "S&P" means 
									S & P global ratings
			  or its successor.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-7 - Linked Deposit Program › Section 113-7-01 - Linked deposit program definitions

Current through all regulations passed and filed through July 1, 2024
(A)
								As used in this
			 chapter:
(1)
									"Active deposit" shall have the same meaning as in section
			 135.01 of the Revised
			 Code.
(2)
									"Eligible credit union" shall have the same meaning as
			 in section 135.62 of the Revised
			 Code
(3)
									"Deposit Agreement" means the agreement between the
			 eligible credit union and the treasurer of state entered into pursuant to
			 section 135.623 or section
			 135.703 of the Revised
			 Code.
(4)
									"Interim deposit" and "interim moneys" shall have the
			 same meanings as in section
			 135.01 of the Revised
			 Code.
(5)
									"Interim funds" means public moneys in the state
			 treasury that are not active deposits and may be invested in accordance with
			 section 135.143 of the Revised
			 Code.
(6)
									"Linked deposit program" shall have the same meaning as
			 in sections 135.62 and
			 135.70 of the Revised
			 Code.
(7)
									"Public deposit" shall have the same meaning as in
			 section 135.01 of the Revised
			 Code.
(8)
									"Public depository" shall have the same meaning as in
			 section 135.01 of the Revised
			 Code.
(9)
									"Public moneys" shall have the same meaning as in
			 section 135.01 of the Revised
			 Code.
(10)
									"Treasurer of state's assessment rate" shall have the
			 same meaning as in section
			 135.62 of the Revised
			 Code.
(11)
									"Uninsured public deposit" means the portion of a
			 public deposit that is not insured by the national credit union administration
			 or any other agency or instrumentality of the federal
			 government.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-7 - Linked Deposit Program › Section 113-7-02 - Eligibility of credit unions

Current through all regulations passed and filed through July 1, 2024
(A)
								Pursuant to
			 division (A)(8) of section
			 135.143 of the Revised Code, the
			 treasurer of state may invest or execute transactions for the interim funds of
			 the state in the various linked deposit programs subject to the limitations and
			 provisions set forth in section
			 135.61 of the Revised
			 Code.
(B)
								The state board of deposit shall designate eligible
			 credit unions as public depositories pursuant to section
			 135.12 of the Revised Code. Such
			 designation applies only for interim deposits, not for active deposits, in
			 accordance with section
			 135.143 of the Revised
			 Code.
(C)
								No eligible credit union is eligible to become a public
			 depository or to receive any new interim funds if the eligible credit union or
			 any of its directors, officers, employees, or controlling shareholders or
			 persons is currently a party to an active final or temporary cease-and-desist
			 order issued to ensure the safety and soundness of the
			 institution.
(D)
								No eligible credit union is eligible to receive or hold
			 interim deposits other than those invested by the treasurer of state through
			 the various linked deposit programs authorized under section
			 135.61 of the Revised
			 Code.
(E)
								Eligible credit unions may not engage in the redeposit
			 of public moneys pursuant to section
			 135.145 of the Revised
			 Code.
Replaces: 113-7-03
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-7 - Linked Deposit Program › Section 113-7-03 - Application for and investment of interim moneys for credit unions

Current through all regulations passed and filed through July 1, 2024
(A)
								Share certificates purchased and deposit accounts
			 placed by the treasurer of state pursuant to the various linked deposit
			 programs authorized under section
			 135.61 of the Revised Code are
			 public deposits for the purposes of Chapter 135. of the Revised
			 Code.
(B)
								Each eligible credit union desiring to participate in
			 any linked deposit program as a public depository of interim moneys of the
			 state shall, not more than one hundred twenty days prior to the date fixed by
			 section 135.12 of the Revised Code for
			 the designation of public depositories, make application therefor in writing to
			 the state board of deposit. Such application shall specify the maximum amount
			 of such public moneys which the applicant desires to receive and have on
			 deposit as interim moneys at any one time during the period covered by the
			 designation, provided that it shall not apply for more than thirty per cent of
			 its total assets as revealed by its latest report to the national credit union
			 administration, subject to the limitations of Chapter 135. of the Revised
			 Code.
Each application shall be accompanied
				by a financial statement of the applicant, under oath of its cashier,
				treasurer, or other officer, in such detail as to show the capital funds of the
				applicant, as of the date of its latest report to the national credit union
				administration, and adjusted to show any changes therein made prior to the date
				of the application.
(C)
								Pursuant to
			 section 135.13 of the Revised Code,
			 interim moneys shall be evidenced by time certificates of deposit or by savings
			 or deposit accounts, including, but not limited to, passbook accounts, share
			 accounts, or share certificates.
(D)
								Interest on
			 interim moneys shall be paid or credited by an eligible credit union to the
			 treasurer of state according to the terms and conditions of the deposit
			 agreement.
(E)
								An officer, director, shareholder, employee, or owner
			 of any interest in an eligible credit union receiving interim moneys pursuant
			 to the various linked deposit programs authorized under section
			 135.61 of the Revised Code shall
			 not be deemed to be interested, either directly or indirectly, as a result of
			 such relationship, in such interim moneys for the purpose of any law of this
			 state prohibiting an officer of the state or of any subdivision from being
			 interested in any contract of the state or of the subdivision.
Replaces: 113-7-04
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-7 - Linked Deposit Program › Section 113-7-04 - Collateral and insurance

Current through all regulations passed and filed through July 1, 2024
(A)
								Each eligible
			 credit union receiving interim moneys under the various linked deposit programs
			 authorized under section
			 135.61 of the Revised Code shall
			 provide security for the repayment of all interim moneys by securing all
			 uninsured public deposits of the state as set forth in divisions (B) to (J) of
			 section 135.18 of the Revised
			 Code.
(B)
								The treasurer of state shall not take into account
			 private share insurance held by an eligible credit union when calculating the
			 uninsured amount of public moneys held by such eligible credit union. All
			 public moneys held by an eligible credit union that are not insured by the
			 national credit union administration or another agency or instrumentality of
			 the federal government are uninsured public deposits that must be
			 collateralized in accordance with section
			 135.18 of the Revised
			 Code.
(C)
								The treasurer of state will not accept private excess
			 share insurance as collateral for interim moneys held by an eligible credit
			 union pursuant to the various linked deposit programs authorized under section
			 135.61 of the Revised
			 Code.
Replaces: 113-7-05
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-7 - Linked Deposit Program › Section 113-7-05 - Treasurer of state's assessment rate

Current through all regulations passed and filed through July 1, 2024
(A)
								The treasurer of
			 state may require an eligible credit union that holds public deposits under
			 section 135.61 of the Revised Code to
			 pay interest at a rate not lower than the product of the interest rate set in
			 the deposit agreement multiplied by the sum of one plus the treasurer of
			 state's assessment rate.
(B)
								The treasurer of state's assessment rate shall be less
			 than or equal to three per cent.
Replaces: 113-7-06
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-8 - Contracting program authority › Section 113-8-01 - Pay for success contracting program authority

Current through all regulations passed and filed through July 1, 2024
Pursuant to sections
				113.60 to
				113.62 of the Revised Code, the
				treasurer of state may adopt rules in accordance with Chapter 119. of the
				Revised Code to administer the pay for success contracting program and shall
				adopt rules pursuant to division (D) of section113.60 of the
				Revised Code.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-8 - Contracting program authority › Section 113-8-02 - Definitions

Current through all regulations passed and filed through July 1, 2024
"Applicant" means a person, state
				agency, political subdivision, service intermediary, service provider,
				investor, or any combination thereof, who files an application for evaluation
				prior to entering in to a pay for success contract with the treasurer of
				state.
"Cost of the contract" means any costs
				associated with a pay for success contract or administering a pay for success
				contract, as determined by the treasurer of state, including but not limited
				to, administrative costs, installment payments, and costs related to contract
				with an independent evaluator.
"Independent Evaluator" is a person or
				government entity, other than a state agency, a political subdivision, or a
				group of state agencies or political subdivisions that requested the treasurer
				and, as applicable the director of administrative services, to enter into the
				contract, and is independent from the service intermediary and the service
				provider, ensuring that the evaluator does not have common owners or
				administrators, managers, or employees with the service intermediary or the
				service provider.
"Installment payments" means any
				payments to be paid under a pay for success contract.
"Owner" means any person who holds a
				direct or indirect ownership interest in an applicant or has the right to
				control an applicant, except any person who holds an interest of less than
				twenty-five per cent of an applicant and does not exercise influence over the
				affairs of an applicant.
"Pay for success application" means the
				application and any supplemental forms submitted to the treasurer of
				state.
"Pay for success contract" means a pay
				for success contract entered into under sections
				113.60 to
				113.62 of the Revised Code and
				sections 113-8-3 of the Administrative Code.
"Pay for success fund" means one or
				more of the funds created pursuant to divisions (A) to (C) of section
				113.62 of the Revised
				Code.
"Person" means any individual,
				corporation, business trust, estate, trust, partnership, association, any other
				business entity or organization, or any other legal entity that is capable of
				engaging in business.
"Service intermediary" has the same
				meaning as in section
				113.60 of the Revised
				Code.
"Service provider" means any person who
				is either the service intermediary, or person who enters into a contract with a
				service intermediary to perform services under a pay for success
				contract.
"State agency" and "political
				subdivision" have the same meanings as in section
				9.23 of the Revised
				Code.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-8 - Contracting program authority › Section 113-8-03 - Procedure for entering into a pay for success contract

Current through all regulations passed and filed through July 1, 2024
(A)
								The treasurer of state, and as applicable the director
			 of administrative services, may enter into a pay for success contract upon
			 receipt of an appropriation from the general assembly, or receipt of funds from
			 the federal government, for the purpose of entering into a pay for success
			 contract or at the request of a state agency, political subdivision, or group
			 of state agencies or political subdivisions.
(B)
								The treasurer of
			 state may release notices to accept pay for success applications in order to
			 evaluate potential pay for success projects, including, but not limited, at the
			 direction of the general assembly and at the request of a state agency,
			 political subdivision, or group of state agencies or political
			 subdivisions.
(1)
									The treasurer of state shall provide the required
			 application, and any supplemental forms, that an applicant must submit. The
			 treasurer of state shall have the authority to amend the application and any
			 supplemental forms.
(2)
									The treasurer of state shall have the authority to
			 investigate any applicant or information submitted and request any other
			 information, background checks, documentation, or materials.
(3)
									The treasurer of
			 state may assess an applicant a fee to pay or reimburse the treasurer of state
			 for actual costs of investigations related to an application or other costs of
			 administering the pay for success contracting program, including any costs
			 associated with conducting background checks. Any fees or reimbursements
			 collected under this section shall be deposited into the fund from which the
			 original expenditure was made or into a fund for which the fee or reimbursement
			 is appropriate.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-8 - Contracting program authority › Section 113-8-04 - Pay for success fund

Current through all regulations passed and filed through July 1, 2024
(A)
								If the treasurer
			 of state, and as applicable, the director of administrative services, does
			 elect to enter into a pay for success contract, the requesting state agency,
			 political subdivision, or group of state agencies or political subdivisions
			 shall deposit the cost of the contract, as determined by the treasurer of
			 state, in the appropriate fund established under section
			 113.62 of the Revised
			 Code.
(B)
								If the federal grant moneys are received and those
			 moneys do not cover all of the cost of the contract, the requesting state
			 agency, political subdivision, or group of state agencies or political
			 subdivisions shall deposit the remainder of the cost of the contract, as
			 determined by the treasurer of state, into the appropriate pay for success fund
			 under section 113.62 of the Revised
			 Code.
(C)
								Moneys shall be deposited into the pay for success
			 funds as follows:
(1)
									If a pay for success contract is funded by a state
			 agency or political subdivision, the requesting state agency or political
			 subdivision shall deposit into the applicable pay for success fund the cost of
			 the contract, and used in accordance with divisions (A) to (C) of section
			 113.62 of the Revised Code, as
			 applicable.
(2)
									If a pay for success contract is funded by general
			 assembly appropriation, those funds shall be deposited into the applicable pay
			 for success fund upon receipt, and used in accordance with division (A) of
			 section 113.62 of the Revised
			 Code.
(3)
									If a pay for success contract is funded by federal
			 grant moneys, those funds shall be deposited into the applicable pay for
			 success fund upon receipt, and used in accordance with division (B) of section
			 113.62 of the Revised Code.
			 Federal grant moneys and any other funds received by the treasurer of state
			 shall not constitute state funds for purposes of division (B)(2)(b) of section
			 113.60 of the Revised
			 Code.
(4)
									If one pay for success contract is funded by more than
			 one of the sources set forth in this paragraph, those moneys shall be deposited
			 into the applicable pay for success fund and earmarked for that
			 project.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-8 - Contracting program authority › Section 113-8-05 - Regional and national data used in pay for success contracts

Current through all regulations passed and filed through July 1, 2024
(A)
								In not less than seventy-five per cent of the pay for
			 success contracts entered into under Chapter 113. of the Revised Code, the
			 performance targets specified in the contract shall require that, based on
			 available regional or national data, the improvement in the status of this
			 state or the relevant area of this state with respect to the issue the contract
			 is meant to address be greater than the average improvement in status with
			 respect to that issue in other geographical areas during the period of the
			 contract.
(B)
								An independent evaluator who is providing evaluation
			 services for a pay for success contract shall review any regional or national
			 data that will be used to determine whether performance targets have been met
			 under a pay for success contract to ensure that the data is scientifically
			 valid.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-10 - Investment Pool › Section 113-10-02 - Separately managed accounts

Current through all regulations passed and filed through July 1, 2024
(A) "STAR SMA" means the state treasury asset
			 reserve of Ohio separately managed accounts.
(B) It is the responsibility of a political
			 subdivision to ensure that the subdivision's participation in STAR SMA is
			 authorized by local law or that its participation has been authorized by the
			 appropriate local public officials. From time to time,
			 the treasurer may verify a participant's continuing
			 eligibility.
(C) Deposits
			 into STAR SMA will be accepted by 
			 ACH,  wire transfer, or other method as authorized by the
			 treasurer.
(D) STAR SMA shall
			 make available periodic statements to each participant in STAR SMA summarizing
			 the account activity and performance of that participant's account.
(E) Any entity that maintains a custodial
			 account with the treasurer of state and is otherwise
			 eligible may participate in STAR SMA.
(F) Notwithstanding the specific provisions
			 of this rule, the treasurer  may
			 take whatever action the treasurer of state deems appropriate or necessary to
			 protect the participants in and the integrity of STAR SMA. The treasurer
			  may appoint such administrators,
			 custodians, investment managers, transfer agents, dividend agents, rating
			 agency, or any other entities that the treasurer  deems necessary for the efficient administration of STAR
			 SMA.
(G) The treasurer of state may
			 collect fees for the administrative expenses of STAR SMA. The fees paid
			  shall be used
			 solely to pay budgeted and appropriated state  expenses of the treasurer of state's office.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-20 - Taxable Investment Pool; Notice › Section 113-20-01 - Notice of promulgation of rules and regulations

Current through all regulations passed and filed through July 1, 2024
(A) The treasurer
			 shall publish notice of public hearings to be conducted for the purpose of
			 adopting, amending or rescinding rules under section
			 135.46 of the Revised Code in
			 the register of Ohio.
(B) The
			 notice shall be given at least thirty days, but not more than fifty days, prior
			 to the hearing. The notice shall state the treasurer's intention to adopt,
			 amend or rescind a rule; shall include a synopsis of the proposed rule,
			 amendment or rule to be rescinded, shall state the reason for adopting,
			 amending or rescinding the rule; and shall enumerate the date, time and place
			 of the hearing. The notice shall also state the manner in which copies of the
			 proposed rule, amendment or rule to be rescinded may be obtained.
(C) The treasurer shall furnish the public
			 notice required under section
			 119.03 of the Revised Code and
			 as detailed by paragraph (B) of this rule to any person who requests notice and
			 pays a reasonable fee, not to exceed the cost of copying and mailing.
(D) The treasurer may give
			 additional notice of such public hearing as the treasurer deems necessary,
			 however, the giving of such additional notice is not mandatory, and failure to
			 give notice by any means other than as specified in paragraphs (A) and (C) of
			 this rule will not in any way invalidate any action which may be taken by the
			 treasurer.
Five Year Review (FYR) Dates:
				11/30/2017 and
				11/30/2022
Promulgated
				Under: 119.03
Statutory
				Authority: 135.46
Rule
				Amplifies: 135.46
Prior
				Effective Dates: 06/20/1989 (Emer.), 09/09/1989,
				06/28/2007
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-30 - STABLE Account Program › Section 113-30-01 - STABLE account program

Current through all regulations passed and filed through July 1, 2024
(A)
								For the purposes
			 of sections 113.50 to
			 113.56 of the Revised Code,
			 out-of-state residents are treated the same as designated
			 beneficiaries.
(B)
								As used in section
			 113.50 of the Revised Code,
			 "agreements" includes agreements, whether formal or informal, with another
			 state, or any agency or subdivision thereof.
Effective: 4/21/2016
Five Year Review
				(FYR) Dates: 04/21/2021
Promulgated Under:
				119.03
Statutory
				Authority: 113.51
Rule
				Amplifies: 113.51
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-30 - STABLE Account Program › Section 113-30-02 - Notice of meetings of the "STABLE Account Program Advisory Board"

Current through all regulations passed and filed through July 1, 2024
(A)
								The "STABLE Account Advisory Board" has adopted this
			 rule in compliance with, and under the authority of, division (F) section
			 121.22
			 of the Revised Code and division (C) section
			 113.56
			 of the Revised Code.
(B)
								The "STABLE Account Advisory Board" shall meet at least
			 four times each year or more frequently at the call of the chairperson. Any
			 person may determine the time and place of all regularly scheduled meetings and
			 the time, place, and purpose of all special meetings by consulting the Ohio
			 Treasurer of state's website or calling the Ohio treasurer's office at
			 614-466-2160 during regular business hours.
(C)
								The chairperson
			 or their designee shall maintain a list of news media representatives who have,
			 in writing, requested notice of all special and emergency meetings of the
			 "STABLE Account Advisory Board." Such written request shall list the media
			 representative's contact information and electronic mail address. Such requests
			 shall be sent to "STABLE Account Advisory Board c/o Ohio Treasurer's Office,
			 Communications Department, 30 East Broad Street, 9th Floor, Columbus, Ohio
			 43215." Any media request shall be effective for one year from the date of
			 filing with the chair. Such request may be extended only by filing a complete
			 new request as described in this rule.
(D)
								Any person, upon
			 request and payment of a reasonable fee, may obtain advance notification of all
			 meetings. Notification will be mailed to all subscribers who request to be on
			 the mailing list for advance notification. Such request shall be sent to
			 "STABLE Account Advisory Board c/o Ohio Treasurer's Office, STABLE Account, 30
			 East Broad Street, 9th Floor, Columbus, Ohio 43215."
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-35 - Workforce Development Revolving Loan Program › Section 113-35-01 - Workforce development revolving loan program

Current through all regulations passed and filed through July 1, 2024
The treasurer of state herein
				establishes a rule to promote and encourage Ohio's workforce development and
				job growth through educational training and retraining in programs related to
				employment opportunities in areas that are in demand. This rule is established
				by authority conferred upon the treasurer of state by section
				111.15 of the Revised Code and
				section 2 of Amended Substitute Senate Bill 1 of the 130th General Assembly, as
				amended by section 610.22 of Amended Substitute House Bill 64 of the 131st
				General Assembly.
(A)
								Definitions
(1)"EFT" means electronic funds
			 transfer.
(2)
									 "Institution" means any of the following:
(a)
										A state
			 institution of higher education, as defined in section
			 3345.011 of the Revised
			 Code;
(b)
										A private career school, as defined in section
			 3332.01 of the Revised
			 Code;
(c)
										A private, nonprofit institution in this state holding
			 a certificate of authorization pursuant to Chapter 1713. of the Revised
			 Code;
(d)
										A private institution exempt from regulation under
			 Chapter 3332. of the Revised Code as prescribed in section
			 3333.046 of the Revised Code, if
			 the program has a certificate of authorization pursuant to Chapter 1713. of the
			 Revised Code;
(e)
										A career-technical center, joint vocational school
			 district, comprehensive career-technical center, or compact career-technical
			 center offering adult training.
(3)
									"Loan Program"
			 means the OhioMeansJobs workforce development revolving loan
			 program.
(4)
									"OAKS" means Ohio administrative knowledge
			 system.
(5)
									"Workforce Training Program" includes any of the
			 following:
(a)
										Courses, programs, or a degree from an
			 institution;
(b)
										Vocational education classes offered to adult
			 learners;
(c)
										Any other training program designed to meet the special
			 requirements of a particular employer.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-40 - Collateral Requirement › Section 113-40-02 - Requirements for a financial institution

Current through all regulations passed and filed through July 1, 2024
All financial institutions (FIs)
				participating in OPCP shall:
(A) Transmit
			 the required files to 
								OPCS every day the federal reserve
			 is open for 
								business.
(B)
								Report any public
			 unit (PU) negotiated collateral requirement at an account
			 level.
(C) Pledge sufficient
			 collateral when uninsured public deposits are 
								received.
(1)
			 The treasurer of state will estimate the federal deposit insurance corporation
			 insurance (FDIC) coverage amount, which may
			 deviate from the actual
			 
									FDIC limits.
(2) A
			 
									FI must address collateral deficiencies in
			 accordance with the operating policies.
Ohio Administrative Code › Title 113 - Treasurer of State › Chapter 113-40 - Collateral Requirement › Section 113-40-03 - Reduced collateral floor application and maintenance criteria

Current through all regulations passed and filed through July 1, 2024
(A)
								A financial institution (FI) that has been in OPCP for
			 four quarters may apply for a reduced collateral floor by submitting an
			 application to the treasurer of state.
(1)
									If the treasurer
			 approves the application, it will set the reduced collateral floor in OPCS.
			 However, if the public unit (PU) has negotiated a higher collateral requirement
			 for an account, the PU negotiated collateral requirement will take
			 precedence.
(2)
									If the treasurer does not approve the application, the
			 FI will be notified.