Ohio Administrative Code Title 3377 - Ohio Higher Education Facility Commission
Ohio Administrative Code – Title 3377: Ohio Higher Education Facility Commission (OHEFC)
Title 3377 outlines rules governing the Ohio Higher Education Facility Commission, which assists nonprofit colleges, universities, and health care institutions in Ohio with tax-exempt bond financing for facility-related projects.
📘 Chapter Summary of Title 3377:
🔹 Chapter 3377-1: Open Meetings
This chapter addresses public access and transparency in Commission operations.
Rule 3377-1-01 – Notice of Meetings
Ensures compliance with Ohio’s Open Meetings Act (Sunshine Law).
Requires advance notice to news media and interested parties.
Meetings may be regular or special, with clear procedures for notification and access.
Effective: February 1, 2018
🏛️ Commission Purpose and Legal Authority
Established by Ohio Revised Code Chapter 3377.
Enables nonprofit institutions to finance construction, renovation, and equipment projects through tax-exempt revenue bonds.
The Commission does not use taxpayer funds—projects are financed and repaid solely by participating institutions.
🔍 Example Activities:
Issuing bonds for college dormitories, science labs, libraries, or hospital expansions.
Working with entities like:
Private universities (e.g., Case Western, Xavier)
Nonprofit hospitals with education programs
✅ Summary Table:
| Rule/Chapter | Focus | Description |
|---|---|---|
| 3377-1-01 | Open Meetings | Outlines notice and access requirements for Commission meetings. |
| Chapter 3377 (ORC) | Authority and Financing Powers | Establishes Commission powers to issue bonds for nonprofit higher education and health facilities. |
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