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HB 505 Ohio House · 136th Legislature (2025-2026)

Restrict use of crowdfunding money for other purposes

Summary
To enact sections 1349.07, 1349.071, 1349.072, 1349.073, 1349.074, 1349.075, 1349.076, and 1349.08 of the Revised Code to restrict the use of funds collected through crowdfunding for purposes other than those solicited.
Issues: ✗ Criminal JusticeOpposes Criminal JusticeThe bill creates new restrictions on crowdfunding fund use. Violations would likely fall under 'Crimes' or 'Crime and Punishment,' effectively expanding the scope of criminalization.75% confidence ✓ TechnologySupports TechnologyThe bill regulates the use of funds from crowdfunding, a technology-driven activity, to prevent misuse and protect consumers engaging with digital platforms.65% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Oct 2025
Committee Review
Floor Vote
Governor
Introduced Oct 7, 2025 Last action Jun 9, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
1
Oct 15, 2025
Committee
Referred to committee
lower
Oct 7, 2025
Introduced
Introduced
lower
2 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Cindy Abrams
Cindy Abrams
RRepublican
OH
29
P
Photo of Mike Odioso
Mike Odioso
RRepublican
OH
30