Bill Text: OH SB200 | 2011-2012 | 129th General Assembly | Introduced
Bill Title: To create the Edison Jobs Development Program within the Department of Development and to make an appropriation.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2011-07-13 - To Finance [SB200 Detail]
Download: Ohio-2011-SB200-Introduced.html
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Senator Hughes
Cosponsor:
Senator Cafaro
| To amend sections 184.19 and 184.191 and to enact | 1 |
| sections 122.09, 122.091, 122.092, 122.093, | 2 |
| 122.094, and 122.095 of the Revised Code to create | 3 |
| the Edison Jobs Development Program within the | 4 |
| Department of Development and to make an | 5 |
| appropriation. | 6 |
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
| Section 1. That sections 184.19 and 184.191 be amended and | 7 |
| sections 122.09, 122.091, 122.092, 122.093, 122.094, and 122.095 | 8 |
| of the Revised Code be enacted to read as follows: | 9 |
| Sec. 122.09. (A) As used in sections 122.09 to 122.095 of | 10 |
| the Revised Code: | 11 |
| (1) "Edison center" means a cooperative research and | 12 |
| development facility that receives funding through the Thomas Alva | 13 |
| Edison grant program under division (C) of section 122.33 of the | 14 |
| Revised Code. | 15 |
| (2) "Technologies or markets of interest" includes advanced | 16 |
| materials, manufacturing, bioscience, advanced energy, food | 17 |
| technology, aerospace, automotive, medical products and devices, | 18 |
| and instruments, controls, and electronics. | 19 |
| (B) There is hereby created the Edison jobs development | 20 |
| program to support Ohio companies in making a transition to, or | 21 |
| expanding their presence in, technologies or markets of interest | 22 |
| identified by the department of development for the purpose of | 23 |
| creating or retaining jobs in this state. The department shall | 24 |
| administer the program in accordance with sections 122.09 to | 25 |
| 122.095 of the Revised Code. Under the program, eligible companies | 26 |
| may apply to the department for monetary assistance to be used for | 27 |
| product development, product testing or certification, process | 28 |
| improvement, workforce training, new market or new industry | 29 |
| transitioning, or existing market expansion. | 30 |
| (C) To qualify for assistance under the program, a company | 31 |
| shall meet the following requirements: | 32 |
| (1) The company is a manufacturing company based in Ohio. | 33 |
| (2) The company is seeking to convert its current | 34 |
| manufacturing capabilities to produce products or provide services | 35 |
| in a technology or market of interest identified by the | 36 |
| department. | 37 |
| (3) The company attends an outreach seminar as required by | 38 |
| section 122.091 of the Revised Code. | 39 |
| (4) The company is able to match the amount of the grant | 40 |
| offered pursuant to the program. | 41 |
| Sec. 122.091. To participate in the Edison jobs development | 42 |
| program, a company shall first attend an outreach seminar offered | 43 |
| by the department of development in conjunction with the | 44 |
| appropriate Edison centers. The seminars shall include | 45 |
| presentations from industry experts that are designed to educate | 46 |
| attendees about opportunities in technologies or markets of | 47 |
| interest; what factors must be taken into consideration when | 48 |
| making the decision, such as business plan development, retooling | 49 |
| or purchasing equipment, retraining workers, gaining regulatory | 50 |
| approval to enter certain markets, and marketing and distribution | 51 |
| strategies; and how to proceed through the process. Seminars shall | 52 |
| be held at least monthly and in various regions of the state. | 53 |
| Sec. 122.092. (A) The department of development shall | 54 |
| provide an application form to each company that attends an | 55 |
| outreach seminar. The application form shall be prescribed by the | 56 |
| director of development, in consultation with the appropriate | 57 |
| Edison centers, and shall, at a minimum, require information | 58 |
| regarding all of the following: | 59 |
| (1) The current financial condition of the company; | 60 |
| (2) Company leadership commitment to the creation or | 61 |
| retention of jobs; | 62 |
| (3) Company manufacturing capabilities and current capacity; | 63 |
| (4) Unique capabilities and experiences of the company; | 64 |
| (5) Condition and layout of the company's facilities; | 65 |
| (6) General company management of new opportunities. | 66 |
| (B) The department, in conjunction with the appropriate | 67 |
| Edison centers, shall review each submitted application to | 68 |
| determine grant eligibility and amount based on the company's | 69 |
| potential and current readiness. As part of the grant eligibility | 70 |
| assessment, the department and centers may hold discussions with | 71 |
| individual applicants or make site visits to explore their | 72 |
| applications further. | 73 |
| (C) The department shall notify each company that has been | 74 |
| selected for a grant. A grant awarded under the Edison jobs | 75 |
| development program shall be at least ten thousand dollars but not | 76 |
| more than one hundred thousand dollars. The company shall be | 77 |
| required to match the amount of the grant dollar for dollar. | 78 |
| Sec. 122.093. Each company that is awarded a grant under the | 79 |
| Edison jobs development program shall receive high quality | 80 |
| training and consulting services financed with the grant and the | 81 |
| company match. All such services shall be provided by industry | 82 |
| experts or contractors selected and managed by the appropriate | 83 |
| Edison centers. The centers shall consult with each grant | 84 |
| recipient to design a comprehensive program of services that best | 85 |
| serves the needs of that particular company. They shall also | 86 |
| assemble and make available to each company information as to the | 87 |
| availability of any other financial assistance offered by the | 88 |
| state for which the company may qualify. | 89 |
| Sec. 122.094. The department of development may contract | 90 |
| with the appropriate Edison centers to facilitate the management | 91 |
| of the Edison jobs development program, including with respect to | 92 |
| grant administration and the collection and distribution of funds | 93 |
| from the state and each company match. During the period in which | 94 |
| a company is receiving assistance under the program, the centers | 95 |
| shall monitor the progress of the company with respect to jobs | 96 |
| created or retained, cost savings achieved, or increased company | 97 |
| revenue or capital investment and, on at least a quarterly basis, | 98 |
| submit their findings to the department. The centers shall also be | 99 |
| responsible for ensuring that companies comply with all grant | 100 |
| requirements. | 101 |
| Sec. 122.095. The director of development shall, in | 102 |
| accordance with Chapter 119. of the Revised Code, adopt any rules | 103 |
| necessary for the implementation of the Edison jobs development | 104 |
| program. | 105 |
| Sec. 184.19. The third frontier research and development | 106 |
| fund is hereby created in the state treasury. The fund shall | 107 |
| consist of the net proceeds of the obligations issued and sold by | 108 |
| the issuing authority pursuant to sections 151.01 and 151.10 of | 109 |
| the Revised Code. Investment earnings of the fund shall be | 110 |
| credited to the fund. Moneys in the fund shall be used in | 111 |
| accordance with sections 122.09 to 122.095 and sections 184.10 to | 112 |
| 184.18 and 184.20 of the Revised Code and for associated | 113 |
| administrative expenses. | 114 |
| Sec. 184.191. The third frontier research and development | 115 |
| taxable bond fund is hereby created in the state treasury. The | 116 |
| fund shall consist of the net proceeds of federally taxable | 117 |
| obligations issued and sold by the issuing authority pursuant to | 118 |
| sections 151.01 and 151.10 of the Revised Code. Investment | 119 |
| earnings of the fund shall be credited to the fund. Moneys in the | 120 |
| fund shall be used in accordance with sections 122.09 to 122.095 | 121 |
| and sections 184.10 to 184.18 and 184.20 of the Revised Code and | 122 |
| for associated administrative expenses. | 123 |
| Section 2. That existing sections 184.19 and 184.191 of the | 124 |
| Revised Code are hereby repealed. | 125 |
| Section 3. All items in this section are hereby appropriated | 126 |
| as designated out of any moneys in the state treasury to the | 127 |
| credit of the Third Frontier Research and Development Fund Group. | 128 |
| For all appropriations made in this act, those in the first column | 129 |
| are for fiscal year 2012 and those in the second column are for | 130 |
| fiscal year 2013. The appropriations made in this act are in | 131 |
| addition to any other appropriations made for the FY 2012-FY 2013 | 132 |
| biennium. | 133 |
| Appropriations |
| 134 | |
| Third Frontier Research and Development Fund Group | 135 |
| 7011 | 195687 | Third Frontier Research & Development Projects | $ | 10,000,000 | $ | 10,000,000 | 136 | ||||
| TOTAL 011 Third Frontier Research and Development Fund Group | $ | 10,000,000 | $ | 10,000,000 | 137 | ||||||
| TOTAL ALL BUDGET FUND GROUPS | $ | 10,000,000 | $ | 10,000,000 | 138 | ||||||
| EDISON JOBS DEVELOPMENT PROGRAM | 139 |
| The foregoing appropriation item 195687, Third Frontier | 140 |
| Research & Development Projects, shall be used to fund the Edison | 141 |
| Jobs Development Program created in section 122.09 of the Revised | 142 |
| Code. | 143 |
| Within the limits set forth in this act, the Director of | 144 |
| Budget and Management shall establish accounts indicating the | 145 |
| source and amount of funds for each appropriation made in this | 146 |
| act, and shall determine the form and manner in which | 147 |
| appropriation accounts shall be maintained. Expenditures from | 148 |
| appropriations contained in this act shall be accounted for as | 149 |
| though made in the main operating appropriations act of the 129th | 150 |
| General Assembly. | 151 |
| The appropriations made in this act are subject to all | 152 |
| provisions of the main operating appropriations act of the 129th | 153 |
| General Assembly that are generally applicable to such | 154 |
| appropriations. | 155 |
| Section 4. Sections 1, 2, 3, and 4 of this act are not | 156 |
| subject to the referendum under Ohio Constitution, Article II, | 157 |
| Section 1d, and section 1.471 of the Revised Code, and therefore | 158 |
| those sections take effect immediately when this act becomes law. | 159 |
