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State Representatives Ty Mathews and Mark Hiner discuss House Bill 332 and the creation of the Small Defense Business Linked Deposit Program in this episode of Message From the House. As Ohio’s defense sector continues to expand, small manufacturers and subcontractors often struggle with high borrowing costs. HB 332 aims to bridge that gap by leveraging state treasury resources to provide reduced-rate loans to eligible Ohio-based defense businesses.
By Ohio House of RepresentativesState Representatives Ty Mathews and Mark Hiner discuss House Bill 332 and the creation of the Small Defense Business Linked Deposit Program in this episode of Message From the House. As Ohio’s defense sector continues to expand, small manufacturers and subcontractors often struggle with high borrowing costs. HB 332 aims to bridge that gap by leveraging state treasury resources to provide reduced-rate loans to eligible Ohio-based defense businesses.