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OH HB212

Bill

Status

Introduced

4/18/2019

Primary Sponsor

Thomas Patton

Click for details

Origin

House of Representatives

133rd General Assembly (2019-2020)

AI Summary

  • The superintendent of financial institutions shall adopt rules in accordance with Chapter 119 of the Revised Code to regulate nonbank automated teller machines.

  • Automated teller machines must be secured to the floor with at least four bolts, each measuring three to four inches long.

  • Rules shall regulate the servicing of automated teller machines, including cash replenishment frequency, with preference given to more frequent servicing with smaller amounts of cash.

  • "Automated teller machine" is defined as an automated, unstaffed banking facility owned or operated by a financial institution that is located at a nonbank location, including convenience stores.

Legislative Description

Regulate nonbank automated teller machines

Commerce

Last Action

Refer to Committee: Financial Institutions

4/30/2019

Committee Referrals

Financial Institutions4/30/2019

Full Bill Text

No bill text available