Effective: October 17, 2019
Latest Legislation: House Bill 166 - 133rd General Assembly
(A) The Ohio ABLE savings program trust fund is hereby created, which shall be in the custody of the treasurer of state but shall not be part of the state treasury. The fund shall be used if the treasurer of state elects to accept deposits from contributors rather than have deposits sent directly to a program manager. The fund shall consist of any moneys deposited by contributors in accordance with sections 113.50 to 113.56 of the Revised Code that are not deposited directly with the program manager. Money shall be disbursed from the fund upon an order of the treasurer. All interest from the money in the fund shall be credited to the Ohio ABLE savings expense fund.
(B)(1) The Ohio ABLE savings expense fund is hereby created in the state treasury. The fund shall consist of money received from program managers, governmental or private grants, or appropriations for the program.
(2) All expenses incurred by the treasurer of state in developing and administering the ABLE account program and all expenses and reimbursements allowed for the STABLE account program advisory board created under section 113.56 of the Revised Code shall be payable from the Ohio ABLE savings expense fund.
Structure Ohio Revised Code
Chapter 113 | Treasurer of State
Section 113.01 | Election - Term.
Section 113.03 | Additional Bond.
Section 113.04 | Appointing Employees - Bond.
Section 113.041 | Employee Criminal Records Check.
Section 113.05 | The State Treasury - Custodial Funds - Commingling of Assets.
Section 113.051 | Duties of Treasurer.
Section 113.06 | Receiving Offices for Expedient Collection of Taxes and Fees.
Section 113.061 | Administrative Rules.
Section 113.08 | Payment and Procedures for Payment to Treasurer.
Section 113.09 | Creation of General Revenue Fund.
Section 113.10 | Contingent Fund.
Section 113.11 | Payments From State Treasury or Custodial Fund.
Section 113.12 | Warrants Paid on Presentation.
Section 113.13 | Statement of Balances Upon Request.
Section 113.14 | Audit of State Treasury and Custodial Funds.
Section 113.15 | Special Auditors - Powers.
Section 113.16 | Report and Record of Audit.
Section 113.17 | Governor May Suspend Treasurer of State.
Section 113.18 | Treasurer of State Restored to Office if Not Indicted or if Acquitted.
Section 113.19 | Audit of Outgoing Treasurer of State.
Section 113.20 | Cost of Administering Custodial Funds - Administrative Fund.
Section 113.21 | Treasury Education Fund.
Section 113.41 | Database of Real Property Under State Control.
Section 113.43 | County Investment Advisory Committee Reports on State Website.
Section 113.51 | Implementation and Administration of Able Account Program.
Section 113.52 | Depositories and Managers.
Section 113.53 | Application to Open Acccount.
Section 113.55 | Ohio Able Savings Program Trust Fund.
Section 113.56 | Stable Account Program Advisory Board.
Section 113.60 | Pay for Success Contracting Program.
Section 113.62 | State Pay for Success Contract Fund.
Section 113.70 | Definitions for State and Local Government Expenditure Database.
Section 113.71 | State and Local Government Expenditure Database.
Section 113.72 | Expenditure Information Required for Database.
Section 113.73 | Required Features of Expenditure Database.
Section 113.74 | Public Comment.
Section 113.75 | Confidential and Non-Public Records.
Section 113.76 | State Entity Web Site Links to Database.
Section 113.77 | Political Subdivisions and State Retirement Systems Expenditure Information.