Ohio House Bill 720: Regards non-private endowment funds, tax-exempt organizations

Ohio · 2025-2026 Regular Session

What it does

To amend sections 117.30, 117.36, and 1715.51 and to enact sections 117.281, 1715.60, 1715.61, 1715.62, 1715.63, 1715.64, 1715.65, 1715.66, 1715.67, 1715.68, 1715.69, 1715.70, and 1715.71 of the Revised Code to establish standards for transparency and oversight of non-private endowment funds and to permit the state to recover public money provided to tax-exempt organizations that fail to comply with federal tax regulation and reporting law.

Latest action

Referred to committee: Judiciary (2026-03-04)

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