State Rep. Catherine D. Ingram (D-Cincinnati) today announced the passage of House Bill (HB) 705, which provides relief to school district treasures from strict personal financial liability.
“It is important to recognize and continue to be transparent on how our school districts function in the State of Ohio,” said Ingram. “HB 705 brings to light the issue of the treasure’s personal assets being linked to the expenditure of public funds on behalf of the school district.”
Currently, The Ohio Department of Education and the State Auditor interpret Ohio law to hold school district treasures 100 percent liable if there is a monetary mistake or fraud of public funds. Under HB 705, school district treasures’ personal assets will not be at risk unless it is determined they were negligent or committed other wrongful acts while on the job.
HB 705 now goes to the Senate for further consideration.