General Assembly


Short Title

Modify short-term, small, and mortgage loan laws 
Show Long Title
Long Title To amend sections 1321.35, 1321.36, 1321.39, 1321.40, 1321.41, 1321.422, 1321.99, and 4712.99, to enact new section 1321.46 and sections 1321.141, 1321.391, 1321.401, 1321.402, 1321.403, 1321.411, 1321.592, and 4712.071, and to repeal sections 1321.46 and 1321.461 of the Revised Code to modify the Short-Term Loan Act, to specify a minimum loan amount and duration for loans made under the Small Loan Law and General Loan Law, and to limit the authority of credit services organizations to broker extensions of credit for buyers.


As Enrolled

Legislation Text

View Current Version

Effective Date

October 29, 2018


Senate Finance Committee
House Government Accountability and Oversight Committee

Primary Sponsors

J. Kyle Koehler
Michael Ashford


Nickie J. Antonio
John Barnes
Janine R. Boyd
Richard Brown
Kathleen Clyde
Hearcel F. Craig
Teresa Fedor
Dave Greenspan
Glenn W. Holmes
Stephanie Howse
Catherine D. Ingram
David Leland
Michele Lepore-Hagan
P. Scott Lipps
Adam C. Miller
Michael J. O'Brien
John Patterson
Dan Ramos
John M. Rogers
Scott K. Ryan
Kirk Schuring
Michael Sheehy
Kent Smith
Ryan Smith
Emilia Strong Sykes
Thomas West
Dave Burke
Jay Hottinger
Peggy Lehner
Gayle Manning
Scott Oelslager
Joe Schiavoni
Vernon Sykes
Charleta B. Tavares
Cecil Thomas
Kenny Yuko
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