Ohio Revised Code
Chapter 126 | Office of Budget and Management
Section 126.60 | H2ohio Fund.

Effective: September 30, 2021
Latest Legislation: House Bill 110 - 134th General Assembly
(A) As used in this section:
(1) "Agricultural water project" means a project that will improve water quality by reducing or aiding in the reduction of levels of phosphorus, nitrogen, or sediment, that result from agricultural practices, in the waters of the state. "Agricultural water project" includes a project involving research, technology, design, construction, best management practices, conservation, testing, or education.
(2) "Community water project" means a project involving a public water system operated by a political subdivision that will improve water quality by reducing or aiding in the reduction of levels of phosphorus, nitrogen, or sediment in the waters of the state. "Community water project" includes a project involving research, technology, design, construction, best management practices, conservation, testing, or maintenance.
(3) "Nature water project" means a project involving a natural water system that will improve water quality by reducing or aiding in the reduction of levels of phosphorus, nitrogen, or sediment in the waters of the state. "Nature water project" includes a project involving research, technology, design, construction, best management practices, conservation, or maintenance. "Nature water project" also includes the creation, maintenance, or restoration of wetlands, flood plains, flood control systems, and buffers throughout the state, including the western basin of Lake Erie.
(B) There is hereby created in the state treasury the H2Ohio fund consisting of money credited to it and any donations, gifts, bequests, and other money received for deposit in the fund. All investment earnings of the fund shall be credited to the fund. All money credited or deposited in the fund shall be used for any of the following purposes:
(1) Agriculture water projects;
(2) Community water projects;
(3) Nature water projects;
(4) Awarding or allocating grants or money, issuing loans, or making purchases for the development and implementation of projects and programs, including remediation projects, that are designed to address water quality priorities;
(5) Funding cooperative research, data gathering and monitoring, and demonstration projects related to water quality priorities;
(6) Encouraging cooperation with and among leaders from state legislatures, state agencies, political subdivisions, business and industry, labor, agriculture, environmental organizations, institutions of higher education, and water conservation districts;
(7) Other purposes, policies, programs, and priorities identified by the Ohio Lake Erie commission in coordination with state agencies or boards responsible for water protection and water management, provided that the purposes, policies, programs, and priorities align with a statewide strategic vision and comprehensive periodic water protection and restoration strategy.
(C) Not later than August 31, 2020, and annually thereafter, the Ohio Lake Erie commission, in coordination with state agencies or boards responsible for water protection and water management, shall do both of the following:
(1) Prepare a report of the activities that were undertaken with respect to the fund during the immediately preceding fiscal year, including the revenues and expenses of the fund for the preceding fiscal year;
(2) Submit the report to the general assembly and to the governor.
(D) Within forty-five days after the report is submitted under division (C) of this section, the directors of the state agencies that contributed to the report and the executive director of the Lake Erie commission shall appear before both the house of representatives and senate committees that oversee state finance to testify on the report.
Last updated July 20, 2021 at 10:11 AM

Structure Ohio Revised Code

Ohio Revised Code

Title 1 | State Government

Chapter 126 | Office of Budget and Management

Section 126.02 | Preparation of Budget Estimates.

Section 126.021 | Appropriations for Construction Compliance Section of Department of Development.

Section 126.022 | Estimates of Revenues From Tobacco Master Settlement Agreement.

Section 126.03 | Capital Plan - Agency Recommendations for Acquisition of Real Estate and Construction of Public Improvements.

Section 126.05 | Monthly Statements Showing Condition of General Revenue Fund.

Section 126.06 | Availability of Money in Total Operating Fund.

Section 126.07 | Certification of Balance Statement in All Contracts.

Section 126.071 | Monetary Settlement; Consultation With Director of Budget and Management.

Section 126.08 | Director of Budget and Management - Powers and Duties.

Section 126.09 | Monthly Distribution Schedule of Subsidies.

Section 126.11 | Coordination and Approval of Scheduling Sales of Certain Obligations.

Section 126.12 | Recovering Statewide Indirect Costs.

Section 126.13 | Designating Program or Activity for Performance Review.

Section 126.14 | Controlling Board to Approve Release of Appropriation for Purchase of Real Estate or Other Capital Project.

Section 126.141 | Contingency Reserve for Capital Appropriations.

Section 126.15 | Adjusting Capital or Operating Budgets.

Section 126.16 | Implementing Constitutional Provision for Purposes of Issuing Direct Obligations of State.

Section 126.21 | Accounting Duties of Director of Budget and Management.

Section 126.22 | Director - Accounting Powers.

Section 126.23 | Reports on State Funds.

Section 126.231 | Report From Director of Budget and Management.

Section 126.24 | Oaks Support Organization Fund.

Section 126.25 | User Charges - State Accounting Fund.

Section 126.26 | Director as Chairperson of Gubernatorial Transition Committee - Powers and Duties.

Section 126.27 | Filing Budget Estimates With Governor-Elect.

Section 126.28 | Powers to Take Testimony and Produce Evidence.

Section 126.29 | Agency Scheduled to Terminate Operations.

Section 126.30 | Interest on Late Payments for Goods and Services.

Section 126.301 | Statute of Limitations.

Section 126.31 | Travel and Other Expenses.

Section 126.32 | Job Interview and Relocation Expenses.

Section 126.35 | Warrants or Electronic Fund Transfers for Payments - Electronic Benefit Transfers.

Section 126.36 | Replacement of Lost or Destroyed Warrant.

Section 126.37 | Stale Warrants for Payment.

Section 126.38 | Furnishing Earnings Statement With Each Pay Warrant.

Section 126.40 | Forgery Recovery Fund.

Section 126.45 | Office of Internal Audit.

Section 126.46 | State Audit Committee.

Section 126.47 | Annual Internal Audit Plan.

Section 126.48 | Internal Audit Report as Public Record.

Section 126.50 | Definitions.

Section 126.503 | Control of Travel Expenses.

Section 126.504 | Use of Interoffice Mailing Service; Printing, Copying, Mail Preparation and Related Services.

Section 126.505 | Compliance With Standardization and Strategic Sourcing Policy and Control-on-Equipment Directives.

Section 126.506 | Participation in Technology Consolidation Projects.

Section 126.60 | H2ohio Fund.

Section 126.62 | Investing in Ohio Fund.

Section 126.65 | State Post-Traumatic Stress Fund.