Ohio HB193 amends the Revised Code to revise the Ohio ABLE accounts program, including changes to account management and advisory board operations.

Ohio HB193 amends sections 113.51, 113.53, and 113.56 of the Revised Code to update the Ohio ABLE accounts program. The bill tasks the treasurer of state with implementing and administering the program, including reviewing contributions and withdrawals, and managing account statements and distributions. It also establishes the STABLE account program advisory board, detailing its composition, duties, and meeting procedures. The board is responsible for advising the treasurer, making recommendations, and reporting annually to the governor, speaker of the house, and president of the senate.

Ohio HB193 amends the Revised Code to revise the Ohio ABLE accounts program, including changes to account management and advisory board operations.

Ohio HB193 amends sections 113.51, 113.53, and 113.56 of the Revised Code to update the Ohio ABLE accounts program. The bill tasks the treasurer of state with implementing and administering the program, including reviewing contributions and withdrawals, and managing account statements and distributions. It also establishes the STABLE account program advisory board, detailing its composition, duties, and meeting procedures. The board is responsible for advising the treasurer, making recommendations, and reporting annually to the governor, speaker of the house, and president of the senate.