HB 701 Ohio House · 135th Legislature (2023-2024)

Provide funds to a school district to repay a solvency loan

This bill directs state funds to the Mount Healthy City School District to help it repay a solvency assistance loan it received in a previous fiscal year. The legislation allocates specific money from the state treasury to the district's solvency assistance fund, ensuring the loan is settled without requiring the district to find its own resources. By providing these financial resources, the bill aims to stabilize the district's finances and prevent further economic strain caused by the outstanding debt.
Bill status in committee 1 of 4 stages cleared
Introduction
Dec 2024
Committee Review
Floor Vote
Governor
Introduced Dec 9, 2024 Last action Dec 17, 2024
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Dec 17, 2024
Committee
Refer to Committee
lower
Dec 9, 2024
Introduced
Introduced
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Cindy Abrams
Cindy Abrams
RRepublican
OH
29