Ohio Rev. Code § 122.953
Ohio Rev. Code § 122.953
Ohio · Chapter 122 | Department of Development · Status: effective
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- Citation
- Ohio Rev. Code § 122.953, Ohio, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1163715
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Full text
(A) The department of development shall administer a defense and aerospace industries expansion program under which the department may make development grants to support economic development related to the defense and aerospace industries.
(B) The department shall adopt rules in accordance with Chapter 119. of the Revised Code that are necessary for the administration of the defense and aerospace industries expansion program. The rules shall establish all of the following:
(1) A requirement that a development grant agreement be executed between the department and a grant recipient;
(2) The minimum requirements for a development grant agreement;
(3) An application form and procedures governing the process for applying to receive a development grant under the program;
(4) The maximum grant amount allowed under the program, and the maximum portion of the total estimated project cost that shall be funded by the grant;
(5) Any other procedures, criteria, or grant terms that the department determines necessary to administer the program. Last updated July 16, 2026 at 12:54 PM