Amendment No. am_136_0514-1

H. B. No. 159

As Introduced

__________________________ moved to amend as follows:

In line 32, delete the first "applicable"; after "state," insert "and"

In line 33, delete "and code"

In line 34, delete "enforcement"

In line 162, after "return" insert "to the department"

In line 171, delete "(E)" and insert "(E)(1) An eligible manufacturer that receives a grant under the program shall notify the department, in the form and manner prescribed by the director, if the eligible manufacturer does any of the following in the ten years following the date the director awards the grant:

(a) Initiates bankruptcy proceedings;

(b) Discontinues the manufacturing operations that are the subject of the eligible project;

(c) Relocates the manufacturing operations that are the subject of the eligible project outside of this state;

(d) Violates any federal, state, or local requirements applicable to the eligible manufacturer's business, including tax payments.

(2) The department, upon receiving notice from an eligible manufacturer or otherwise determining that one or more of the events described in division (E)(1) of this section has occurred, may require the eligible manufacturer to repay all or a portion of the grant funds received. The required repayment shall not exceed the grant amount, reduced by ten per cent for each full year between the date the department awards the grant and the date of the event. The department shall notify the eligible manufacturer of the amount of any required repayment.

(3) The eligible manufacturer may appeal, in accordance with Chapter 119. of the Revised Code, the department's determination that an event described in division (E)(1) of this section has occurred, the required repayment amount, or both.

(4) The director shall certify to the attorney general for collection any repayment amounts that remain unpaid ninety days after notice is sent to the eligible manufacturer under division (E)(2) of this section or, if the eligible manufacturer initiates an appeal, within ninety days after the appeal is adjudicated.

(F)"

In line 181, delete "(F)" and insert "(G)"

In line 183, delete "and" and insert ","

In line 184, after "under" insert "division (B)(6) of"; after "section" insert ", and repayment collected under division (D) or (E) of this section"

The motion was __________ agreed to.

SYNOPSIS

Grant repayment

R.C. 122.162

Requires grant recipients to repay a prorated percentage of grant funds if the recipient declares bankruptcy, discontinues or relocates the recipient's manufacturing operations, or violates any applicable federal, state, or local law. Requires repaid grant funds to be deposited to the manufacturing technologies assistance fund.