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Resolution 0304-AU-008

A Resolution Supporting House Bill 290

Author: Ryan T. Clark(.625)

Approved 3 October 2003

WHEREAS Representative Larry Wolpert from Ohio’s 23rd district has introduced House Bill 290; and

WHEREAS Ohio’s economy is in dire need of increased tax revenues from businesses focused on innovative technologies; and

WHEREAS this bill, if enacted, would grant select graduate students in Ohio $8,000 per year in forgivable loan monies; and

WHEREAS the bill only permits debt forgiveness if the individual finds employment in Ohio or starts a business in Ohio after graduation; and

WHEREAS the bill has support from the Inter-University Council, The Ohio State University, Case Western Reserve University, Omeris, the Ohio Chamber of Commerce, and the Ohio Business Roundtable,

THEREFORE LET IT BE RESOLVED that the Council of Graduate Students supports and encourages enactment of House Bill 290 for the benefit of higher education and economic growth in the State of Ohio as long as the forgiveable loan program it creates is not funded by any means that would decrease the University's state subsidy or by any other state funding source currently used for higher education; and

LET IT BE FURTHER RESOLVED that the Governmental Relations Committee be charged with advocating for this bill on the Council’s behalf.

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