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OH HB138

Bill

Official Source

Status

Introduced

4/21/2009

Primary Sponsor

Barbara Boyd

Click for details

Origin

House of Representatives

128th General Assembly (2009-2010)

AI Summary

  • Adds new subsection (D) to Ohio Revised Code section 5120.13 authorizing inmates in state correctional facilities to request investment of personal account balances exceeding $100

  • Allows inmates to invest amounts over $100 in United States savings bonds or certificates of deposit through the warden or warden's designee

  • Requires the director of rehabilitation and correction to adopt rules establishing personal accounts for inmates to enable this investment option

  • Repeals existing section 5120.13 and replaces it with the amended version including the new inmate investment authorization

Legislative Description

To authorize an inmate of a state correctional facility who has more than $100 in a personal account to request the investment of the amount over $100 in any series of United States savings bonds or in certificates of deposit.

Inmate accounts-over $100-invest in US savings bonds/CDs

Last Action

To State Government

4/21/2009

Full Bill Text

No bill text available