130th Ohio General Assembly
The online versions of legislation provided on this website are not official. Enrolled bills are the final version passed by the Ohio General Assembly and presented to the Governor for signature. The official version of acts signed by the Governor are available from the Secretary of State's Office in the Continental Plaza, 180 East Broad St., Columbus.

H. B. No. 322  As Introduced
As Introduced

129th General Assembly
Regular Session
2011-2012
H. B. No. 322


Representative Brenner 

Cosponsors: Representatives Kozlowski, Henne, Combs, Wachtmann, Stebelton 



A BILL
To enact sections 1121.051, 1155.181, 1163.221, and 1733.413 of the Revised Code to permit Ohio banks, savings and loan associations, savings banks, and credit unions to charge the same interest rate and other charges that out-of-state banks may charge Ohio customers.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Section 1. That sections 1121.051, 1155.181, 1163.221, and 1733.413 of the Revised Code be enacted to read as follows:
Sec. 1121.051.  Notwithstanding any limitations contained in the Revised Code, a bank may charge its customers interest, fees, and other charges at any rates or amounts that a bank located in another state may charge to customers in this state.
Sec. 1155.181.  Notwithstanding any limitations contained in the Revised Code, a savings and loan association may charge its customers interest, fees, and other charges at any rates or amounts that a savings and loan association located in another state may charge to customers in this state.
Sec. 1163.221.  Notwithstanding any limitations contained in the Revised Code, a savings bank may charge its customers interest, fees, and other charges at any rates or amounts that a savings bank located in another state may charge to customers in this state.
Sec. 1733.413.  Notwithstanding any limitations contained in the Revised Code, a credit union may charge its customers interest, fees, and other charges at any rates or amounts that a credit union located in another state may charge to customers in this state.
Please send questions and comments to the Webmaster.
© 2018 Legislative Information Systems | Disclaimer