Technology

HB 188 establishes the Ohio Israel Trade and Innovation Partnership, a state-funded initiative to strengthen economic ties between Ohio and Israel. It directly affects Ohio businesses, universities, and innovation hubs seeking collaboration opportunities with Israeli companies. The bill creates a dedicated partnership program under Ohio law and allocates state funding to support joint research, trade missions, and business development activities. This is a concrete policy change that formalizes a new state mechanism for international economic engagement.

To amend sections 301.30, 504.04, 715.013, 718.01, 1315.01, and 5747.01 and to enact sections 101.88, 1352.01, 1352.02, 1352.03, and 1352.04 of the Revised Code to enact the Ohio Blockchain Basics Act to address mining, taxation, and regulation of digital assets and digital asset investments by the state retirement systems.