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Boards and Commissions
Last Update: 4/29/2021
Minority Development Financing Advisory Board
Status
Current
Type of Board
Permanent
Authority
R.C. 122.72
122.73
Total Membership
9
(2 legislators)
Dates of Appointment
2 - 10/1/09 and each 7th year thereafter
3 - 10/1/12 and each 7th year thereafter
2 - 10/1/14 and each 7th year thereafter
Term Length
7 years
Ending Date of Term
September 30
Report Requirements
Not applicable
Chairperson
Elected by Board
Subject To Sunset Review
Yes
Full-time
No
Restriction on Partisan Affiliation
No
Senate Confirmation Required
Yes
Expiration Date
December 31, 2024
Appointment Authority
Governor, Senate President, Speaker
Membership Composition
House members, Members with other stated qualifications, Senate members
Compensation
Expenses Only, Other, Per diem (Step 1 Range 31) under R.C. 124.15 plus expenses
Staff Assistance
None specified
Additional Information
Qualifications
7 appointed by Governor with the advice and consent of Senate: selected because of their knowledge of and experience in industrial, business, and commercial financing, suretyship, and construction and understanding of problems of minority business enterprises; 1 member of the Senate appointed by the Senate President; 1 member of the House appointed by the House Speaker. If a legislator member is absent, either the legislator's appointing authority, or a member of the same house of the same political party as the absent member, as designated by that appointing authority, serves in the absent member's place. No more than 4 of the Governor's appointees can be members of the same political party.