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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Ohio Revised Code Search

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Investment
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Section 3307.51 | Actuarial valuation of pension assets, liabilities, and funding requirements.

...cipant and employer contributions, net investment income, administrative expenses, and benefits provided to participants, as of the last day of the fiscal year; (8) For the last six consecutive fiscal years, a schedule of the net assets available for the benefits, the annual cost of benefits, administrative expenses incurred, and annual employer contributions allocated for the provision of benefits; (9) A des...

Section 3307.57 | Coordinating and integrating membership in state retirement systems.

...) "Actuarial assumption rate" means the investment rate of return assumed for projecting assets in the STRS defined benefit plan. (4) "Total service credit" means the total credit in all retirement systems, except that such credit shall not exceed one year for any period of twelve months. (5) "Paying system" means the state retirement system in which the member has the greatest service credit, without adjustment or...

Section 3307.671 | Establishing temporary supplemental benefit fund.

...wenty-five per cent of the income from investments for the twelve months preceding the first day of July not otherwise required to be credited to the several funds set forth in section 3307.14 of the Revised Code. The board shall adopt rules to administer this supplemental benefit. The rules shall recognize the effective date of the allowance, pension, or benefit and the years of Ohio service credit for each r...

Section 3309.01 | Public school employees retirement system definitions.

...isposition of its assets; (2) Renders investment advice for a fee, direct or indirect, with respect to money or property of the system; (3) Has any discretionary authority or responsibility in the administration of the system. (V)(1) Except as otherwise provided in this division, "compensation" means all salary, wages, and other earnings paid to a contributor by reason of employment. The salary, wages, and othe...

Section 3309.158 | Annual disclosures to Ohio Ethics Commission.

...e of the system with authority over the investment of retirement system funds or any board member of the system who deals with an agent regarding amounts described in division (A)(1) of this section. (B) The disclosures required by this section shall be made annually in a report submitted by a date prescribed by the Ohio ethics commission.

Section 3309.19 | Trustee or employee of board shall have no interest in profits nor borrow funds.

...ndirect, in the gains or profits of any investment made by the board nor as such, directly or indirectly, receive any pay or emolument for his services. No trustee or employee of the said board, directly or indirectly, for himself or as an agent or partner of others, shall borrow any of its funds or deposits or use the same except to make such current and necessary payments as are authorized by the board; nor shall a...

Section 3309.21 | Actuarial valuation of pension assets, liabilities, and funding requirements.

...cipant and employer contributions, net investment income, administrative expenses, and benefits provided to participants, as of the last day of the fiscal year; (8) For the last six consecutive fiscal years, a schedule of the net assets available for the benefits, the annual cost of benefits, administrative expenses incurred, and annual employer contributions allocated for the provision of benefits; (9) A des...

Section 3309.60 | Creation of funds - trustees.

... this fund. All income derived from the investment of funds by the school employees retirement board as trustees under section 3309.15 of the Revised Code, together with all gifts and bequests, or the income therefrom, shall be paid into this fund. Any deficit occurring in any other fund that will not be covered by payments to that fund, as otherwise provided in this chapter, shall be paid by transfers of amounts fr...

Section 3309.61 | Each fund is separate legal entity.

...section does not prevent the deposit or investment of all such moneys intermingled for such purpose but such funds shall be separate and distinct legal entities for all other purposes.

Section 3313.373 | Shared-savings contract.

...ct that requires any additional capital investment or contribution of funds, other than funds available from state or federal energy grants, or that is for an initial term of longer than ten years is not a shared-savings contract. (B) The board of education of a city, local, exempted village, or joint vocational school district may enter into a shared-savings contract with any person experienced in the design and i...

Section 3315.14 | When replacement fund may be reduced, disposed of, or expended.

...evised Code, the interest received from investments of said fund may be used by the board for any authorized school purposes.

Section 3316.20 | School district solvency assistance fund; shared resource account; catastrophic expenditures account.

...ccount by the general assembly plus all investment earnings of the fund. Money in the account shall be used solely for the following: (a) Solvency assistance to school districts that have been declared under division (B) of section 3316.03 of the Revised Code to be in a state of fiscal emergency, in the event that all money in the shared resource account is utilized for solvency assistance; (b) Grants to school...

Section 3318.08 | Agreement with Ohio facilities construction commission for construction and sale of project.

... or to comply with applicable temporary investment periods or spending exceptions to rebate as provided for under federal law in regard to those notes or bonds, the school district may commit to spend, or spend, a greater portion of the funds it provides during any specific period than would otherwise be required under this division. (S) A provision stipulating that the commission may prohibit the district from pr...

Section 3318.085 | Agreement by eligible districts for joint issuance of certificates of participation in bond proceeds.

...tract for the services of underwriters, investment bankers, financial advisers, accounting experts, marketing, remarketing, indexing, and administrative agents, or other consultants and independent contractors, including providers of printing services, as are necessary in the judgment of the treasurer of state to carry out the functions provided for in this section. Financing costs are payable, as may be provided in ...

Section 3318.15 | Public school building fund.

... used for the purposes of the fund. All investment earnings of the fund shall be credited to the fund. Moneys transferred or appropriated to the fund by the general assembly and moneys in the fund from grants, gifts, and contributions shall be used for the purposes of Chapter 3318. of the Revised Code as prescribed by the general assembly.

Section 3318.25 | School building program assistance fund.

...section 151.03 of the Revised Code. All investment earnings of the fund shall be credited to the fund. Moneys in the fund shall be used as directed by the Ohio facilities construction commission for the cost to the state of constructing classroom facilities under Chapter 3318. of the Revised Code as prescribed by the general assembly.

Section 3319.46 | Policy and rules regarding positive behavior intervention supports and the use of physical restraint or seclusion on students; duties of board.

...s across classrooms; (b) School-wide investment in evidence-based curricula and effective instructional strategies, matched to students' needs, and data to support teachers' academic instruction; (c) An expectation by school administrators that classroom practices be linked to and aligned with the school-wide system; (d) Improving staff climate and culture regarding the role of discipline in the classroom, e...

Section 333.02 | Agreement with proposed builder for tax revenue sharing.

...ears, or until the person's qualifying investment in the impact facility has been realized through the payments, whichever occurs first.

Section 333.03 | Application to build facility - certification of compliance.

...lity, including the projected level of investment in and new jobs to be created at the facility, the rationale used for determining that more than fifty per cent of the facility's visitors live at least fifty miles from the facility, the types of activities to be conducted at the facility, the projected levels of sales to occur at the facility, a calculation of the facility's square footage that will be dedica...

Section 3333.045 | Board of trustees training.

... (L) Workforce planning, strategy, and investment; (M) Institutional advancement, including philanthropic giving, fundraising initiatives, alumni programming, communications and media, government and public relations, and community affairs; (N) Student welfare issues, including academic studies, curriculum, residence life, student governance and activities, and the general physical and psychological well-being o...

Section 3333.96 | Strategic square footage reduction fund.

...tenance; (6) The prior level of state investment; (7) The amount of annual operating expenses defrayed by eliminating the square footage; (8) A report from the office of budget and management detailing the extent and the status of past capital budget appropriations supporting the project and the existence of any outstanding bonded debt derived from such support. The chancellor and the Ohio facilities construc...

Section 3349.21 | Investment of funds.

...The board of directors of a municipal university, college, or other educational institution may invest and hold any part of the funds belonging to or set apart for the use of such institution or to any department thereof, as it deems proper, in bonds of the United States, or of this state, or of any municipal corporation of this state, or any county, or school district herein, or in bonds of any other state or territ...

Section 3353.11 | Governmental telecommunications operating fund.

... the spending of money in the fund. All investment earnings of the fund shall be credited to the fund. Once the fund has a balance of zero, the fund shall cease to exist.

Section 3355.10 | Ownership of university branch campus - acquisition of property by appropriation - bonds.

...3355.08 of the Revised Code, are lawful investments of banks, savings banks, trust companies, trustees, boards of trustees of sinking funds of municipal corporations, school districts, counties, the administrator of workers' compensation, the state teachers retirement system, the public employees retirement system, and the school employees retirement system, and also are acceptable as security for the deposit o...

Section 3375.79 | Bill and Melinda Gates foundation grant fund.

...eration, or other library purposes. All investment earnings of the fund shall be credited to the fund.