The House Small Business Committee heard proponent testimony this week on House Bill 332, introduced by State Rep. Ty Mathews, R–Findlay.

The bill would expand access to low-interest loans for Ohio’s small defense manufacturers and agricultural producers by leveraging existing state treasury resources through linked deposit programs. The proposal aims to help businesses lower borrowing costs and invest in growth without directly utilizing taxpayer dollars in the state’s general revenue fund.

Ohio Manufacturers’ Association members interested in supporting or learning more about House Bill 332 can contact James Lee for more details. 10/16/2025