OH SB277

Amends the Ohio Pooled Collateral Program to allow public depositories to pledge a single pool of eligible securities to secure uninsured public deposits, with pledged securities required to equal at least 102% of uninsured deposits or an amount determined by treasurer rules.

Revises unclaimed funds law to require holders to pay 10% of unclaimed funds to the director of commerce (or 100% if aggregate amount is $50 or less), with remaining funds invested in custodial accounts or income-bearing accounts.

Establishes an unclaimed funds trust fund to receive 10% of reported unclaimed funds from holders, with remaining funds allocated to mortgage insurance fund, minority business bonding fund, and housing development fund.

Modifies Ohio Police and Fire Pension Fund disability determination procedures to require board-established minimum medical testing standards for prospective members and allows disability benefits to be granted based on application review and medical documentation without requiring physical examination.

Implements procedures for disability benefit applications including employer notification requirements, twenty-eight day deadlines for submitting medical reports, and presumptions for heart disease and cancer-related disabilities under specified conditions.