Just as your credit union is gearing up for an impactful year, the Ohio General Assembly is hard at work reintroducing unfinished legislation from last year, including two credit union priority bills that would have extended regulatory relief and strengthen cyber-crime laws. Both House Bill 133, a comprehensive regulatory relief bill, and House Bill 116, the Ohio Computer Crimes Act, which would modernize state law to combat cyber-crimes, were recently introduced respectively by Representative Brett Hillyer (R-Uhrichsville) and Representative Brian Baldridge (R-Winchester). House Bill 133 and House Bill 116 are anticipated to receive a committee assignment soon and swiftly navigated through the hearing process for quick passage. The League will continue driving advocacy efforts to ensure both legislative priorities are fully enacted this spring so credit unions can more flexibly serve and protect members.
If you have questions about House Bill 133, House Bill 116, or would like to learn more about other state credit union priorities, reach out to League Chief Advocacy Officer Emily Leite.