Robert Sprague | |
|---|---|
| Treasurer of Ohio | |
| Assumed office January 14, 2019 | |
| Governor | Mike DeWine |
| Preceded by | Josh Mandel |
| Member of theOhio House of Representatives from the 83rd district | |
| In office February 1, 2011 – December 31, 2018 | |
| Preceded by | Cliff Hite |
| Succeeded by | Jon Cross |
| Personal details | |
| Born | Robert Cole Sprague (1973-04-18)April 18, 1973 (age 52) Findlay, Ohio, U.S. |
| Political party | Republican |
| Spouse | Amanda |
| Education | Duke University (BS) University of North Carolina, Chapel Hill (MBA) |
Robert Cole Sprague (born April 18, 1973) is an American politician serving as theOhio treasurer of state since 2019. Prior to his election as treasurer, he represented the 83rd district in theOhio House of Representatives, and served as city auditor and treasurer in his hometown ofFindlay. He is a member of theRepublican Party.
Under House Bill 6, enacted in 2019, the Ohio General Assembly created two new state funds: the Nuclear Generation Fund and the Renewable Generation Fund. Both were established in statute as custodial funds associated with the law’s nuclear and renewable energy subsidy program.[1]
Under Ohio law, custodial moneys are held in accounts in the custody of the treasurer of state, who acts as custodian for those funds.[2] The HB 6 subsidy mechanism and its related funds later became central to a federal racketeering case and what observers and watchdogs have described as the largest public corruption scandal in Ohio’s history.[3][4][5]
The two HB6 funds were later included in broader reporting and public reviews of the law’s implementation and its role in the subsequentOhio nuclear bribery scandal, which examined how the bailout program was structured and administered across multiple state offices and entities.[6][7]
Sprague was raised inFindlay, Ohio, and graduated fromFindlay High School.[citation needed] He then went on toDuke University, where he earned a BS in mechanical engineering, followed with an MBA from theUniversity of North Carolina at Chapel Hill.[8] After graduation, he worked atErnst & Young inAtlanta, Georgia, as a project lead before starting his own consulting firm, advising businesses fromLondon toSingapore. He moved back to Findlay, where he still resides with his wife Amanda and their five children. After leaving the private sector, he served as treasurer and auditor for the city, helping to improve its credit rating and lower debt service costs. He also started issuing an annual financial report to help taxpayers understand the city's finances.
In 2011, then-RepresentativeCliff Hite was appointed to theOhio Senate, creating a vacancy for the 83rd House District. Sprague was appointed to fill that seat, which he was re-elected to in 2012, 2014, and 2016.
During his time in the legislature, his was a leading voice on fiscal matters as a member of both the House Finance and Financial Institutions Committees. As a member of the General Assembly, he led efforts to combat the addiction crisis by working with law enforcement, community leaders, and doctors on preventing prescription drug abuse, reducing overdose deaths, and improving treatment systems.
As a freshman member of the General Assembly, Representative Sprague sat on the House Criminal Justice Committee. Feeling there were improvements that needed to be made in the state's criminal justice system, particularly regarding drug offenses, he remarked, “Drug offenders are cycling through the courts, the jails, the prison system, and the mental health system. [And] the state still has not figured out a way to . . . help people get out of a continuing spiral.”[9]
At the time, Sprague was recognized for a sincere commitment to addressing the addiction crisis.[10][11]
During the 130th General Assembly, Representative Sprague chaired a special committee that traveled the state gathering information on the opioid addiction crisis.[12]
Through legislation he sponsored and supported, he was deeply involved in addressing many addiction related issues, including:
In the 131st General Assembly, Representative Sprague was chairman of the House Finance Subcommittee on Health and Human Services. That biennium's operating budget, H.B. 64, addressed many DD-related issues.[20]
As chairman, he had a significant role in guiding these provisions through the legislative process, such as providing more opportunities for individuals with disabilities to live and work in their community, while insuring institutional opportunities remained an option for individuals desiring that setting or requiring a higher level of care.
He also worked to include certain DD-related changes in H.B. 483.[21] Provisions included:
Representative Sprague co-sponsored H.B. 158, legislation that removed references to “mental retardation” from the Ohio Revised Code.[22]
In March 2012, the Ohio House passed legislation sponsored by Representative Sprague that would increase the maximum amount that the Ohio Treasurer could invest in agricultural linked deposits from $125 million to $165 million. It also increased the maximum amount that could be loaned to farmers and agri-businesses from $100,000 to $150,000 per application. Governor John Kasich signed the bill on June 26, 2012.[23]
While serving in the General Assembly, Sprague received multiple awards including the:
On March 7, 2017, Sprague announced his intention to run for the office of Ohio treasurer.
During his run for office, Sprague received endorsements from the editorial boards of the Columbus Dispatch, Cleveland Plain Dealer, Akron Beacon Journal, and several other Ohio publications.[30][31][32]
On November 6, 2018, Sprague was elected as Ohio's 49th Treasurer of State, defeating opponent Rob Richardson (D), 53% to 47%.[33] He took office on January 11, 2019.[34]
As treasurer, Sprague successfully launched ResultsOHIO, a program that empowers policymakers and innovators to pursue pay for success projects aimed at tackling social and public health challenges facing the Buckeye State. ResultsOHIO protects taxpayer dollars by focusing on bold, new results-based ideas. Through the initiative, public dollars are only used to reimburse project costs if the project has proven to deliver verifiable results.[35]
On January 18, 2025, Sprague announced that he would run forgovernor of Ohio in the2026 election, seeking to succeed term-limited governorMike DeWine.[36] However, Sprague withdrew from the race on February 5, 2025, running instead forOhio secretary of state and endorsingVivek Ramaswamy in the gubernatorial election.[37]
| Party political offices | ||
|---|---|---|
| Preceded by | Republican nominee forTreasurer of Ohio 2018, 2022 | Most recent |
| Political offices | ||
| Preceded by | Treasurer of Ohio 2019–present | Incumbent |