Effective: October 17, 2019
Latest Legislation: House Bill 166 - 133rd General Assembly
(A) There is in the state treasury the state pay for success contract fund. The fund shall consist of any moneys transferred to the treasurer of state by state agencies for the purpose of making payments to service intermediaries under pay for success contracts the treasurer of state and the director of administrative services enter into on behalf of the state agencies and any moneys appropriated to the fund. Any investment earnings on the fund shall be credited to it. The treasurer shall use the moneys in the fund for the purpose of implementing and administering the pay for success contracting program with respect to pay for success contracts that benefit the state. When the term of a pay for success contract expires, the treasurer of state shall transfer any remaining unencumbered funds received from a state agency or group of state agencies for the purpose of making payments under the contract to that agency or group.
(B) There is in the state treasury the federal pay for success contract fund. The fund shall consist of any moneys the treasurer receives from federal agencies pursuant to grant agreements for the purpose of entering into pay for success contracts. Any investment earnings on the fund shall be credited to it. The treasurer shall use the moneys in the fund in accordance with those grant agreements. When the term of a pay for success contract expires, the treasurer of state shall transfer any remaining unencumbered funds received from a federal agency pursuant to a grant agreement in accordance with the grant agreement.
(C) There is in the state treasury the local government pay for success contract fund. The fund shall consist of any moneys paid to the treasurer of state by political subdivisions for the purpose of making payments to service intermediaries under pay for success contracts the treasurer enters into on behalf of the political subdivisions. Any investment earnings on the fund shall be credited to it. The treasurer shall use the moneys in the fund for the purpose of implementing and administering the pay for success contracting program with respect to pay for success contracts that benefit those political subdivisions. When the term of a pay for success contract expires, the treasurer of state shall transfer any remaining unencumbered funds received from a political subdivision or group of political subdivisions for the purpose of making payments under the contract to that political subdivision or group.
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.