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SB 417
Ohio Senate•In Senate Committee
Summary
SB 417, the Enact the ASSET Act, was introduced in the Senate on Apr 1, 2026 by Sen. Theresa Gavarone (R). It was referred to Finance, and last saw action on Apr 15, 2026: Referred to committee: Finance.
Record
Text
SB 417 has no co-sponsors and has not gone to a roll call.
sb417/introduced.txtAs Introduced136th General AssemblyRegular Session S. B. No. 4172025-2026Senator GavaroneTo amend sections 123.01, 123.17, and 5913.09 and 1to enact section 123.012 of the Revised Code to 2authorize the state to enter into an enhanced 3lease agreement, with a private entity, to 4utilize unproductive and unused state real 5property, to empower a board of trustees of a 6state university and the Adjutant General to 7lease land, and to name this act the Advancing 8Strategic State and Military Asset Efficiency 9and Transformation (ASSET) Act. 10BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:Section 1. That sections 123.01, 123.17, and 5913.09 be 11amended and section 123.012 of the Revised Code be enacted to 12read as follows: 13Sec. 123.01. (A) The department of administrative 14services, in addition to those powers enumerated in Chapters 15124. and 125. of the Revised Code and provided elsewhere by law, 16the board of trustees of a state university or college under 17division (A)(5)(b) of this section, and the adjutant general 18under division (A)(5)(c) of this section, shall exercise the 19following powers: 20S. B. No. 417 Page 2As Introduced(1) To prepare and suggest comprehensive plans for the 21development of grounds and buildings under the control of a 22state agency; 23(2) To acquire, by purchase, gift, devise, lease, or 24grant, all real estate required by a state agency, in the 25exercise of which power the department may exercise the power of 26eminent domain, in the manner provided by sections 163.01 to 27163.22 of the Revised Code; 28(3) To erect, supervise, and maintain all public monuments 29and memorials erected by the state, except where the supervision 30and maintenance is otherwise provided by law; 31(4) To procure, by lease, storage accommodations for a 32state agency; 33(5) To lease or grant easements or licenses for 34unproductive and unused lands or other property under the 35control of a state agency. Such leases, easements, or licenses 36shall be executed for the state by the director of 37administrative services and may be granted to any person or 38entity, shall be for according to the following: 39(a) For a period not to exceed fifteen years, unless a 40longer period is authorized by division (A)(5) of this section, 41and shall be executed for the state by the director of 42administrative services. The director shall grant leases, 43easements, or licenses of ; 44(b) For university land, for periods not to exceed twenty- 45five years for purposes approved by the respective university's 46board of trustees wherein the uses are compatible with the uses 47and needs of the university and may grant leases of university 48land for periods not to exceed forty years, with a like or 49S. B. No. 417 Page 3As Introducedlesser renewal term, for purposes approved by the respective 50university's board of trustees, to public utilities as defined 51in section 4905.02 of the Revised Code or described in section 524905.03 of the Revised Code pursuant to section 123.17 of the 53Revised Code. The director may , or to other state agencies, 54political subdivisions, or tenants pursuant to section 123.17 or 55123.012 of the Revised Code or Chapter 3345. of the Revised 56Code; 57(c) For real property under the control of a state agency, 58for university land, and for property under the custody of the 59adjutant general, pursuant to section 123.012 of the Revised 60Code; 61(d) To grant, with controlling board approval, perpetual 62easements to public utilities, as defined in section 4905.02 of 63the Revised Code or described in section 4905.03 of the Revised 64Code, or to other state agencies, political subdivisions, or 65tenants, under section 123.17 or 123.012 of the Revised Code or 66Chapter 3345. Of the Revised Code. 67(6) To lease space for the use of a state agency; 68(7) To have general supervision and care of the 69storerooms, offices, and buildings leased for the use of a state 70agency; 71(8) To exercise general custodial care of all real 72property of the state; 73(9) To assign and group together state offices in any city 74in the state and to establish, in cooperation with the state 75agencies involved, rules governing space requirements for office 76or storage use; 77(10) To lease for a period not to exceed forty years, 78S. B. No. 417 Page 4As Introducedpursuant to a contract providing for the construction thereof 79under a lease-purchase plan, buildings, structures, and other 80improvements for any public purpose, and, in conjunction 81therewith, to grant leases, easements, or licenses for lands 82under the control of a state agency for a period not to exceed 83forty years. The lease-purchase plan shall provide that at the 84end of the lease period, the buildings, structures, and related 85improvements, together with the land on which they are situated, 86shall become the property of the state without cost. 87(a) Whenever any building, structure, or other improvement 88is to be so leased by a state agency, the department shall 89retain either basic plans, specifications, bills of materials, 90and estimates of cost with sufficient detail to afford bidders 91all needed information or, alternatively, all of the following 92plans, details, bills of materials, and specifications: 93(i) Full and accurate plans suitable for the use of 94mechanics and other builders in the improvement; 95(ii) Details to scale and full sized, so drawn and 96represented as to be easily understood; 97(iii) Accurate bills showing the exact quantity of 98different kinds of material necessary to the construction; 99(iv) Definite and complete specifications of the work to 100be performed, together with such directions as will enable a 101competent mechanic or other builder to carry them out and afford 102bidders all needed information; 103(v) A full and accurate estimate of each item of expense 104and of the aggregate cost thereof. 105(b) The department shall give public notice, in such 106newspaper, in such form, and with such phraseology as the 107S. B. No. 417 Page 5As Introduceddirector of administrative services prescribes, published once 108each week for four consecutive weeks, of the time when and place 109where bids will be received for entering into an agreement to 110lease to a state agency a building, structure, or other 111improvement. The last publication shall be at least eight days 112preceding the day for opening the bids. The bids shall contain 113the terms upon which the builder would propose to lease the 114building, structure, or other improvement to the state agency. 115The form of the bid approved by the department shall be used, 116and a bid is invalid and shall not be considered unless that 117form is used without change, alteration, or addition. Before 118submitting bids pursuant to this section, any builder shall 119comply with Chapter 153. of the Revised Code. 120(c) On the day and at the place named for receiving bids 121for entering into lease agreements with a state agency, the 122director of administrative services shall open the bids and 123shall publicly proceed immediately to tabulate the bids upon 124duplicate sheets. No lease agreement shall be entered into until 125the bureau of workers' compensation has certified that the 126person to be awarded the lease agreement has complied with 127Chapter 4123. of the Revised Code, until, if the builder 128submitting the lowest and best bid is a foreign corporation, the 129secretary of state has certified that the corporation is 130authorized to do business in this state, until, if the builder 131submitting the lowest and best bid is a person nonresident of 132this state, the person has filed with the secretary of state a 133power of attorney designating the secretary of state as its 134agent for the purpose of accepting service of summons in any 135action brought under Chapter 4123. of the Revised Code, and 136until the agreement is submitted to the attorney general and the 137attorney general's approval is certified thereon. Within thirty 138S. B. No. 417 Page 6As Introduceddays after the day on which the bids are received, the 139department shall investigate the bids received and shall 140determine that the bureau and the secretary of state have made 141the certifications required by this section of the builder who 142has submitted the lowest and best bid. Within ten days of the 143completion of the investigation of the bids, the department 144shall award the lease agreement to the builder who has submitted 145the lowest and best bid and who has been certified by the bureau 146and secretary of state as required by this section. If bidding 147for the lease agreement has been conducted upon the basis of 148basic plans, specifications, bills of materials, and estimates 149of costs, upon the award to the builder the department, or the 150builder with the approval of the department, shall appoint an 151architect or engineer licensed in this state to prepare such 152further detailed plans, specifications, and bills of materials 153as are required to construct the building, structure, or 154improvement. The department shall adopt such rules as are 155necessary to give effect to this section. The department may 156reject any bid. Where there is reason to believe there is 157collusion or combination among bidders, the bids of those 158concerned therein shall be rejected. 159(11) To acquire by purchase, gift, devise, or grant and to 160transfer, lease, or otherwise dispose of all real property 161required to assist in the development of a conversion facility 162as defined in section 5709.30 of the Revised Code as that 163section existed before its repeal by Amended Substitute House 164Bill 95 of the 125th general assembly; 165(12) To lease for a period not to exceed forty years, 166notwithstanding any other division of this section, the state- 167owned property located at 408-450 East Town Street, Columbus, 168Ohio, formerly the state school for the deaf, to a developer in 169S. B. No. 417 Page 7As Introducedaccordance with this section. "Developer," as used in this 170section, has the same meaning as in section 123.77 of the 171Revised Code. 172Such a lease shall be for the purpose of development of 173the land for use by senior citizens by constructing, altering, 174renovating, repairing, expanding, and improving the site as it 175existed on June 25, 1982. A developer desiring to lease the land 176shall prepare for submission to the department a plan for 177development. Plans shall include provisions for roads, sewers, 178water lines, waste disposal, water supply, and similar matters 179to meet the requirements of state and local laws. The plans 180shall also include provision for protection of the property by 181insurance or otherwise, and plans for financing the development, 182and shall set forth details of the developer's financial 183responsibility. 184The department may employ, as employees or consultants, 185persons needed to assist in reviewing the development plans. 186Those persons may include attorneys, financial experts, 187engineers, and other necessary experts. The department shall 188review the development plans and may enter into a lease if it 189finds all of the following: 190(a) The best interests of the state will be promoted by 191entering into a lease with the developer; 192(b) The development plans are satisfactory; 193(c) The developer has established the developer's 194financial responsibility and satisfactory plans for financing 195the development. 196The lease shall contain a provision that construction or 197renovation of the buildings, roads, structures, and other 198S. B. No. 417 Page 8As Introducednecessary facilities shall begin within one year after the date 199of the lease and shall proceed according to a schedule agreed to 200between the department and the developer or the lease will be 201terminated. The lease shall contain such conditions and 202stipulations as the director considers necessary to preserve the 203best interest of the state. Moneys received by the state 204pursuant to this lease shall be paid into the general revenue 205fund. The lease shall provide that at the end of the lease 206period the buildings, structures, and related improvements shall 207become the property of the state without cost. 208(13) To manage the use of space owned and controlled by 209the department by doing all of the following: 210(a) Biennially implementing, by state agency location, a 211census of agency employees assigned space; 212(b) Periodically in the discretion of the director of 213administrative services: 214(i) Requiring each state agency to categorize the use of 215space allotted to the agency between office space, common areas, 216storage space, and other uses, and to report its findings to the 217department; 218(ii) Creating and updating a master space utilization plan 219for all space allotted to state agencies. The plan shall 220incorporate space utilization metrics. 221(iii) Conducting a cost-benefit analysis to determine the 222effectiveness of state-owned buildings; 223(iv) Assessing the alternatives associated with 224consolidating the commercial leases for buildings located in 225Columbus. 226S. B. No. 417 Page 9As Introduced(c) Commissioning a comprehensive space utilization and 227capacity study in order to determine the feasibility of 228consolidating existing commercially leased space used by state 229agencies into a new state-owned facility. 230(14) To adopt rules to ensure that energy efficiency and 231conservation is considered in the purchase of products and 232equipment, except motor vehicles, by any state agency, 233department, division, bureau, office, unit, board, commission, 234authority, quasi-governmental entity, or institution. The 235department may require minimum energy efficiency standards for 236purchased products and equipment based on federal testing and 237labeling if available or on standards developed by the 238department. When possible, the rules shall apply to the 239competitive selection of energy consuming systems, components, 240and equipment under Chapter 125. of the Revised Code. 241(15) To ensure energy efficient and energy conserving 242purchasing practices by doing all of the following: 243(a) Identifying available energy efficiency and 244conservation opportunities; 245(b) Providing for interchange of information among 246purchasing agencies; 247(c) Identifying laws, policies, rules, and procedures that 248should be modified; 249(d) Monitoring experience with and the cost-effectiveness 250of this state's purchase and use of motor vehicles and of major 251energy-consuming systems, components, equipment, and products 252having a significant impact on energy consumption by the 253government; 254(e) Providing technical assistance and training to state 255S. B. No. 417 Page 10As Introducedemployees involved in the purchasing process; 256(f) Working with the department of development to make 257recommendations regarding planning and implementation of 258purchasing policies and procedures that are supportive of energy 259efficiency and conservation. 260(16) To require all state agencies, departments, 261divisions, bureaus, offices, units, commissions, boards, 262authorities, quasi-governmental entities, institutions, and 263state institutions of higher education to implement procedures 264to ensure that all of the passenger automobiles they acquire in 265each fiscal year, except for those passenger automobiles 266acquired for use in law enforcement or emergency rescue work, 267achieve a fleet average fuel economy of not less than the fleet 268average fuel economy for that fiscal year as the department 269shall prescribe by rule. The department shall adopt the rule 270prior to the beginning of the fiscal year, in accordance with 271the average fuel economy standards established by federal law 272for passenger automobiles manufactured during the model year 273that begins during the fiscal year. 274Each state agency, department, division, bureau, office, 275unit, commission, board, authority, quasi-governmental entity, 276institution, and state institution of higher education shall 277determine its fleet average fuel economy by dividing the total 278number of passenger vehicles acquired during the fiscal year, 279except for those passenger vehicles acquired for use in law 280enforcement or emergency rescue work, by a sum of terms, each of 281which is a fraction created by dividing the number of passenger 282vehicles of a given make, model, and year, except for passenger 283vehicles acquired for use in law enforcement or emergency rescue 284work, acquired during the fiscal year by the fuel economy 285S. B. No. 417 Page 11As Introducedmeasured by the administrator of the United States environmental 286protection agency, for the given make, model, and year of 287vehicle, that constitutes an average fuel economy for combined 288city and highway driving. 289As used in division (A)(16) of this section, "acquired" 290means leased for a period of sixty continuous days or more, or 291purchased. 292(17) To correct legal descriptions or title defects, or 293release fractional interests in real property, as necessary to 294cure title clouds reflected in public records, including those 295resulting from boundary disputes, ingress or egress issues, 296title transfers precipitated through retirement of bond 297requirements, and the retention of fractional interests in real 298estate otherwise disposed of in previous title transfers. 299(18)(a) To, with controlling board approval, sell state- 300owned real property that is not held for the benefit of an 301institution of higher education and is appraised at not more 302than one hundred thousand dollars by an independent third-party 303appraiser. 304(b) To sell state-owned real property that is held for the 305benefit of an institution of higher education, provided all of 306the following are true: 307(i) The board of trustees of the institution of higher 308education, or, in the case of a university branch district, any 309other managing authority, adopts a resolution approving the 310sale; 311(ii) The real property is appraised at not more than ten 312million dollars by an independent third-party appraiser; 313(iii) The controlling board approves the sale. 314S. B. No. 417 Page 12As IntroducedNotwithstanding any provision of law to the contrary, net 315proceeds from any disposition of real property made pursuant to 316division (A)(18) of this section shall, at the direction of the 317director of budget and management, be credited to a fund or 318funds in the state treasury, or to accounts held by an 319institution of higher education for purposes to be determined by 320the institution. 321As used in division (A)(18) of this section, "institution 322of higher education" has the same meaning as in section 3345.12 323of the Revised Code. 324(B) This section and section 125.02 of the Revised Code 325shall not interfere with any of the following: 326(1) The power of the adjutant general to purchase military 327supplies, or with the custody of the adjutant general of 328property leased, purchased, or constructed by the state and used 329for military purposes, or with the functions of the adjutant 330general as director of state armories; 331(2) The power of the director of transportation in 332acquiring rights-of-way for the state highway system, or the 333leasing of lands for division or resident district offices, or 334the leasing of lands or buildings required in the maintenance 335operations of the department of transportation, or the purchase 336of real property for garage sites or division or resident 337district offices, or in preparing plans and specifications for 338and constructing such buildings as the director may require in 339the administration of the department; 340(3) The power of the director of public safety and the 341registrar of motor vehicles to purchase or lease real property 342and buildings to be used solely as locations to which a deputy 343S. B. No. 417 Page 13As Introducedregistrar is assigned pursuant to division (B) of section 3444507.011 of the Revised Code and from which the deputy registrar 345is to conduct the deputy registrar's business, the power of the 346director of public safety to purchase or lease real property and 347buildings to be used as locations for division or district 348offices as required in the maintenance of operations of the 349department of public safety, and the power of the superintendent 350of the state highway patrol in the purchase or leasing of real 351property and buildings needed by the patrol, to negotiate the 352sale of real property owned by the patrol, to rent or lease real 353property owned or leased by the patrol, and to make or cause to 354be made repairs to all property owned or under the control of 355the patrol; 356(4) The power of the division of liquor control in the 357leasing or purchasing of retail outlets and warehouse facilities 358for the use of the division; 359(5) The power of the director of development to enter into 360leases of real property, buildings, and office space to be used 361solely as locations for the state's foreign offices to carry out 362the purposes of section 122.05 of the Revised Code; 363(6) The power of the director of environmental protection 364to enter into environmental covenants, to grant and accept 365easements, or to sell property pursuant to division (G) of 366section 3745.01 of the Revised Code; 367(7) The power of the department of public safety under 368section 5502.01 of the Revised Code to direct security measures 369and operations for the Vern Riffe center and the James A. Rhodes 370state office tower. The department of administrative services 371shall implement all security measures and operations at the Vern 372Riffe center and the James A. Rhodes state office tower as 373S. B. No. 417 Page 14As Introduceddirected by the department of public safety. 374(C) Purchases for, and the custody and repair of, 375buildings under the management and control of the capitol square 376review and advisory board, the opportunities for Ohioans with 377disabilities agency, the bureau of workers' compensation, or the 378departments of public safety, job and family services, mental 379health and addiction servicesbehavioral health, developmental 380disabilities, and rehabilitation and correction; buildings of 381educational and benevolent institutions under the management and 382control of boards of trustees; and purchases or leases for, and 383the custody and repair of, office space used for the purposes of 384any agency of the legislative branch of state government are not 385subject to the control and jurisdiction of the department of 386administrative services. 387An agency of the legislative branch of state government 388that uses office space in a building under the management and 389control of the department of administrative services may 390exercise the agency's authority to improve the agency's office 391space as authorized under this division only if, upon review, 392the department of administrative services concludes the proposed 393improvements do not adversely impact the structural integrity of 394the building. 395If an agency of the legislative branch of state 396government, except the capitol square review and advisory board, 397so requests, the agency and the director of administrative 398services may enter into a contract under which the department of 399administrative services agrees to perform any services requested 400by the agency that the department is authorized under this 401section to perform. In performing such services, the department 402shall not use competitive selection. As used in this division, 403S. B. No. 417 Page 15As Introduced"competitive selection" has the meaning defined in section 404125.01 of the Revised Code and includes any other type of 405competitive process for the selection of persons producing or 406dealing in the services to be provided. 407(D) Any instrument by which real property is acquired 408pursuant to this section shall identify the agency of the state 409that has the use and benefit of the real property as specified 410in section 5301.012 of the Revised Code. 411Sec. 123.012. (A) The department of administrative 412services, with controlling board approval, may enter into an 413enhanced lease agreement, with a private entity, in accordance 414with division (A)(5)(c) of section 123.01 of the Revised Code. 415The agreement may permit the private entity to utilize 416unproductive and unused state real property under the control of 417a state agency or a university or under the custody of the 418adjutant general. The agreement must set forth all of the 419following: 420(1) The authorized use of the land, which shall include 421one of the following; 422(a) To conduct commercial activity; 423(b) To conduct research contemplated to advance a state 424economic interest; 425(c) To support a public-private partnership for the 426purposes of divisions (A)(1)(a) and (b) of this section. 427(2) The lease value; 428(3) Whether the lease payments will include in-kind 429services that benefit the state, such as infrastructure 430improvements on the property; 431S. B. No. 417 Page 16As Introduced(4) Any construction, demolition, or redevelopment that 432will be completed on the property under the lease agreement; 433(5) Any requirements deemed prudent by the director of 434administrative services, or required by state and federal law, 435with respect to development of state property, environmental 436review, security review, public transparency, and fair market 437value assessment. 438(B) An enhanced lease agreement under this section shall 439not do either of the following: 440(1) Specify a term in excess of ninety-nine years; 441(2) Authorize construction, demolition, or redevelopment 442on the property, or authorize any commercial or research 443activity, that might interfere with core government or military 444functions that may occur on adjacent state property. 445(C) An enhanced lease agreement under this section shall 446provide that at the end of the lease period the buildings, 447structures, and related improvements, together with the land on 448which they are situated, become the property of the state 449without cost. 450Sec. 123.17. (A)(1) The department board of administrative 451services trustees of a state university may lease land belonging 452to or under the control or jurisdiction of a the state 453university, not required nor to be required for use of the 454university, to a developer or developers in accordance with this 455section. 456(2) The adjutant general may lease land belonging to or 457under the control or jurisdiction of the adjutant general, not 458required nor to be required for use of the Ohio organized 459militia, to a developer or developers in accordance with this 460S. B. No. 417 Page 17As Introducedsection. 461"Developer," as used in this section, means a person, 462partnership, association, corporation, or community improvement 463corporation established pursuant to Chapter 1724. of the Revised 464Code who or which submits a development plan to the department 465board of trustees or the adjutant general as provided in this 466section and requests the department board or adjutant general to 467enter into a lease. 468Such a (B) A lease of university land under this section 469shall be for the purpose of development of the land by 470establishing, constructing, altering, repairing, expanding, and 471or improving industrial, distribution, commercial, or retail, 472residential, institutional, recreational, conservation, 473research, or other types of facilities. A developer desiring to 474lease land of the universityunder this section for such 475development shall prepare and submit to the department of 476administrative services and to the board of trustees of the 477university or the adjutant general a plan for such development. 478Plans shall include provisions for roads, streets, sewers, water 479lines, waste disposal, water supply, and similar matters to meet 480the requirements of state and local laws. The plans shall also 481include provision for protection of the property by insurance or 482otherwise and plans for financing the development, and shall set 483forth details of the developer's financial responsibility. 484(C) The department of administrative services state 485university or the adjutant general may employ as employees or 486consultants, persons needed to assist it in reviewing the 487development plans. Such persons may include attorneys, financial 488experts, engineers, and other necessary experts. The department 489of administrative services board of trustees or the adjutant 490S. B. No. 417 Page 18As Introducedgeneral shall review the development plans and may enter into a 491lease or instruct the department of administrative services to 492enter into a lease if it the board or adjutant general finds 493that: 494(A)(1) The best interests of the university or the Ohio 495organized militia will be promoted by entering into a lease with 496the developer. 497(B)(2) The development plans are satisfactory. 498(C)(3) The developer has established the developer's 499financial responsibility and satisfactory plans for financing 500the development. 501(D) The university board of trustees, approves the lease. 502A lease may be entered into the adjutant general, or the 503department of administrative services if requested by the board 504of trustees or the adjutant general, shall enter into a lease 505pursuant to this section for a term and an annual rent agreed to 506between the department board of trustees and the developer for a 507maximum term of forty years and , which may be renewed for a 508like or lesser term. The lease shall contain a provision that 509construction of buildings, structures, roads, and other 510necessary facilities shall begin within one year after the date 511of the lease and shall proceed according to a schedule agreed to 512between the department board of trustees or adjutant general and 513the developer or the lease will be terminated. 514(E) Moneys received by the state pursuant to such leases 515shall be paid into the state treasury as an addition to the 516appropriation made to the university, or as an addition to the 517appropriation made to the adjutant general, as the case may be, 518which has control or jurisdiction of the land or to which the 519S. B. No. 417 Page 19As Introducedland belongs. 520Sec. 5913.09. (A) The adjutant general is the custodian of 521all military and other adjutant general's department property, 522both real and personal, belonging to the state. 523(B) The adjutant general may make changes and improvements 524to military and other adjutant general's department property as 525the needs of the state and federal government and the exigencies 526of the service require. All improvements made upon that property 527belonging to the state, from moneys received either all or in 528part from the state or federal government, or both, become the 529property of the state, except as may be provided in an agreement 530and corresponding regulations by which the United States 531contributes to the cost of an improvement. 532(C)(1) In accordance with applicable state and federal law 533and regulations, the adjutant general, with the approval of the 534governor, may acquire by purchase, lease, license, or otherwise, 535real and personal property necessary for the purposes of the 536department. 537(2) In accordance with applicable state and federal law 538and regulations, the adjutant general, with the approval of the 539attorney general, may enter into contracts for the construction, 540repair, renovation, maintenance, and operation of military or 541other adjutant general's department property. 542(3)(3)(a) In accordance with applicable state and federal 543law and regulations, the adjutant general, with the approval of 544the governor, may lease or exchange all or part of any military 545or other adjutant general's department property or grant 546easements or licenses, if the lease, exchange, easement, or 547license is advantageous to the state. 548S. B. No. 417 Page 20As Introduced(b) The adjutant general may authorize the director of 549administrative services to lease property under the custody of 550the adjutant general in accordance with section 123.012 or 551123.17 of the Revised Code. 552(4) All real property of the adjutant general's department 553shall be sold in accordance with section 5911.10 of the Revised 554Code. 555(D)(1) Except as otherwise provided in this section, all 556income from any military or other adjutant general's department 557property of the state, not made a portion of the company, troop, 558battery, detachment, squadron, or other organization funds by 559regulations, shall be credited to the funds for the operation 560and maintenance of the Ohio organized militia, as the adjutant 561general directs, in accordance with applicable state and federal 562law and regulations and the agreements by which the United 563States contributes to the cost of operation and maintenance of 564the Ohio national guard. 565(2) There is hereby created in the state treasury the camp 566Perry/buckeye inn operations fund. The fund shall consist of all 567amounts received as revenue from the rental of facilities 568located at the camp Perry training site in Ottawa county and the 569buckeye inn at Rickenbacker air national guard base in Franklin 570county, and all amounts received from the use of the camp Perry 571training site and its facilities, including shooting ranges. The 572moneys in the fund shall be used to support the facility 573operations of the camp Perry clubhouse and the buckeye inn. 574Investment earnings of the fund shall be credited to the general 575revenue fund. 576Section 2. That existing sections 123.01, 123.17, and 5775913.09 of the Revised Code are hereby repealed. 578S. B. No. 417 Page 21As IntroducedSection 3. This act shall be known as the Advancing 579Strategic State and Military Asset Efficiency and Transformation 580(ASSET) Act. 581
To amend sections 123.01, 123.17, and 5913.09 and to enact section 123.012 of the Revised Code to authorize the state to enter into an enhanced lease agreement, with a private entity, to utilize unproductive and unused state real property, to empower a board of trustees of a state university and the Adjutant General to lease land, and to name this act the Advancing Strategic State and Military Asset Efficiency and Transformation (ASSET) Act.
Sponsors
Sen. Theresa Gavarone (R) sponsors SB 417 alone.
Committees
SB 417 went before 1 committee: Finance.
History
SB 417 has taken 2 actions since Apr 1, 2026, the latest on Apr 15, 2026.
| Chamber | Action | |||
|---|---|---|---|---|
Apr 15, 2026 | Senate | Referred to committee: Finance | ||
Apr 1, 2026 | Senate | Introduced |
Votes
SB 417 has not gone to a roll call.
Source: legislature.ohio.gov · legiscan.com