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Boards and Commissions
Ohio Legislative Service Commission
Venture Capital Authority, Ohio
Status Type of Board Full-time Expiration Date
Current Permanent No
Subject to Sunset Review Partisan Affiliation Restriction Senate Confirmation Required
No No Yes
Authority Total Membership
R.C. 150.02 150.06 150.10 9
Dates of Appointment Term Length
2 on 2/1/11 and the same date each 4th year thereafter 1 on 2/1/12 and the same date each 4th year thereafter 2 on 2/1/13 and the same date each 4th year thereafter 2 on 2/1/14 and the same date each 4th year thereafter 4 years
Ending Date Of Term Report Requirements
January 31 On January 1, file annual report on the Ohio Venture Capital Program with Clerks of the House and Senate and the chairpersons of the House and Senate standing committees concerned with economic development
Appointment Authority Membership Composition
Governor Members with other stated qualifications, Statewide elected officials/department heads
Compensation Staff Assistance
Expenses Only Executive agency staff
Chairperson Additional Information
Designated by Governor from among Authority members None
Qualifications
Governor appoints 7 members who must have experience in the field of banking, investments, commercial law, or industry relevant to the purpose of the Ohio Venture Capital Program. Director of Development and Tax Commissioner, or their designees, are nonvoting members.