Establishes the Ohio Defense Commission to promote the defense industry and administer a defense industry expansion program.
The bill creates the Ohio Defense Commission, which will consider strategies to promote the defense industry in the state. The commission will administer a defense industry expansion program, offering grants for economic development related to the defense industry. It will also develop strategies to promote the defense industry, encourage investment, and prepare for federal military base realignment and closure processes. The commission will establish a defense business incubator to support startup and early-stage companies.
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