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HB505Introduced in the House

Restrict use of crowdfunding money for other purposes

Introduced

Introduced by Mike Odioso, District 30

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

To enact sections 1716.30, 1716.301, 1716.302, 1716.303, 1716.304, 1716.305, 1716.306, 1716.307, 1716.308, and 1716.309 of the Revised Code to prohibit the use of funds collected through crowdfunding for fraudulent or misleading purposes and to require crowdfunding platforms to register with the Attorney General.

Where it stands

Reported - Substitute: Technology and Innovation

June 9, 2026

How did lawmakers vote?

HouseStage: House Favorable Passage · June 9, 2026

9

Yes

4

No

0

Absent or Not Voting

13 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.

See how each representative voted

Bill history

  1. Introduced

  2. Referred to committee: Technology and Innovation

  3. Reported - Substitute: Technology and Innovation

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