In accordance with section 106.03 of the Ohio Revised Code (ORC), each state agency is required to review each of its rules in the Ohio Administrative Code a minimum of once every five years.  The intent of the review is to ensure that Administrative Code rules are clearly written and that program requirements are accurate, up-to-date and clearly expressed.  To the extent possible, unnecessary paperwork will be eliminated, local agencies will be given increased flexibility, and any adverse impact on businesses will be eliminated or reduced.  As a result of the review, the agency may amend the rule; rescind the rule; or continue the rule without amendment.

The rule has been subject to a review by the Joint Committee on Agency Rule Review (JCARR).  The rule will become effective on 01/01/2024.

Chapter 2000

5101:1-3-18 "TANF: OWF and PRC: Individual Development Account Program."

This rule sets forth the policy for the administration of an individual development account (IDA) program. The Office of Family Assistance amended this rule.  The following changes have been made to the rule: 

• The enactment date of 26 U.S.C. 501 (a) and (c)(3) was corrected to 1995 under paragraph (B)(1) of this rule;
• Paragraph (D) of this rule to read “What purposes can IDA be used for?”;
• The definition of “Qualified acquisition expenses of a principal residence” was replaced with “Qualified acquisition costs for a first-time homebuyer” under paragraph (D)(1)(b). The federal rule citation was also updated to 42 U.S.C. 604 (1998) to align with federal IDA rules.