Ohio Senate Bill 319 (Prior Session Legislation)

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April 15 2008 - To Finance & Financial Institutions
Pending: Senate Finance and Financial Institutions Committee

To amend sections 135.63, 1315.35, 1315.36, 1315.39, 1315.40, 1315.41, 1321.13, 1321.131, 1349.72, and 1733.25 and to enact sections 135.68, 135.69, 135.70, and 1315.45 of the Revised Code to prohibit a check-cashing business from making a loan to a borrower who has an outstanding loan with any check-cashing licensee, to create a statewide database of loans by check-cashing licensees, to modify the terms for making a loan under the check-cashing loan act, to create a small loan linked deposit program, to expand the responsibilities of the consumer finance education board to promote small loan counseling and education for borrowers, and to eliminate a certain credit union lending option.

Checking-cashing businesses-modify loan-making rules/small loans

Sen Ron Amstutz	Sen Shirley Smith	Sen Kirk Schuring	Sen Tom Sawyer
Sen Tom Roberts	Sen Joy Padgett	Sen Larry A. Mumper	Sen Sue Morano
Sen Ray Miller	Sen Dale Miller	Sen Timothy Grendell	Sen Teresa Fedor
Sen Capri S. Cafaro	Sen Robert Spada

Date	Chamber	Action
2008-04-15		To Finance & Financial Institutions
2008-04-15		Introduced to House

Type	Source
Summary	http://www.legislature.state.oh.us/bills.cfm?ID=127_SB_319