Laws, Acts, and Legislation

HB 322
As Reported by House Committee

View Full Text
with Line Numbers

(.pdf format)

(.html format)

View Publications Associated with this Bill

Bill Analyses

Synopsis of Committee Amendments

Conference Committee Synopsis

Fiscal Notes

Status Report of Legislation

Votes

Other Versions of Bill and Associated Reports

As Enrolled

As Passed by Senate

As Reported by Senate Committee

As Passed by House

As Introduced

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 Reported by the House Financial Institutions, Housing and Urban Development Committee

As Reported by the House Financial Institutions, Housing and Urban Development Committee

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.