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Crowdfunding Legislation Supported by GCP Clears One More Hurdle
House Bill 10 (HB 10) – a bill that would permit intrastate equity crowdfunding under certain circumstances – has moved one step further along in the state legislative process. GCP and our partners have long been in favor of expanding access to early stage capital and our members are appreciative of the legislature’s desire to implement creative financing and programming in Ohio.
The GCP presented formal, written testimony
in support of HB 10. The bill passed the Ohio House of Representatives last summer. On April 18, it was unanimously approved by the Ohio Senate Transportation, Commerce, and Workforce Committee.