Summary of Substitute House Bill No. 463

• Uniform Commercial Code Updates: Amends multiple sections of the Ohio Uniform Commercial Code (Chapters 1303-1304) to modernize definitions, payment procedures, and warranty provisions for negotiable instruments and banking transactions.

• Foreclosure and Vacant Property Procedures: Establishes expedited foreclosure procedures for vacant and abandoned residential properties, including clear criteria for determining abandonment and a 75-day timeline for property sales.

• Autism Insurance Coverage Mandate: Requires health insurance plans and health insuring corporations to cover screening, diagnosis, and treatment of autism spectrum disorder for enrollees under age 14, including therapy, clinical intervention, and mental health services.

• Municipal Recall Procedures: Amends the recall process for municipal officials to include a 90-day deadline for petition validity and clarifies the timing and procedures for recall elections.

• Property Tax and Development Provisions: Modifies community reinvestment area tax exemption periods (extending some to 15 years), updates vacant property plywood restrictions, and creates a housing discrimination civil rights enforcement section with civil penalties and attorney's fees provisions.