HB720Introduced in the House
Regards non-private endowment funds, tax-exempt organizations
Introduced by Tom Young, District 37
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 amend sections 117.30, 117.36, and 1715.51 and to enact sections 117.281, 1715.60, 1715.61, 1715.62, 1715.63, 1715.64, 1715.65, 1715.66, 1715.67, 1715.68, 1715.69, 1715.70, and 1715.71 of the Revised Code to establish standards for transparency and oversight of non-private endowment funds and to permit the state to recover public money provided to tax-exempt organizations that fail to comply with federal tax regulation and reporting law.
Where it stands
Referred to committee: Judiciary
March 4, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Introduced
Referred to committee: Judiciary
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