CAMTL 173 (Individual Development Account Program)
Cash Assistance Manual Transmittal Letter No. 173
November 10, 2021
TO: All Cash Assistance Manual Holders
FROM: Matt Damschroder, Director
SUBJECT: Individual Development Account Program

Ohio Administrative Code rule 5101:1-3-18 sets forth the policy for the administration of an individual development account (IDA) program. In accordance with section 329.12 of Amended Substitute House Bill 110 of the 134th General Assembly this rule has been amended to remove the requirement for county agencies to submit a semi-annual IDA report to the Ohio Department of Job and Family Services.

The Office of Family Assistance (OFA) has completed a review of this rule which was subject to a review by the Joint Committee on Agency Rule Review (JCARR).  The rule will become effective on 12/01/2021.

Chapter 2000

5101:1-3-18 "Individual Development Account Program."

This rule sets forth the policy for the administration of an individual development account (IDA). OFA has amended this rule to remove the requirement in paragraph (E)(2) for county agencies to submit a semi-annual IDA report in accordance with Amended Substitute House Bill 110 of the 134th General Assembly.