OH HB133

Amends Ohio's business linked deposit program to allow state treasurer deposits with credit unions at below-market rates, requiring lending to eligible small businesses (under 150 employees, Ohio-based) that can create one full-time job or two part-time jobs per $50,000 borrowed

Requires mortgage servicers to register with the superintendent of financial institutions, with a minimum $150,000 surety bond, and adds mortgage servicers to existing regulatory framework alongside mortgage lenders and brokers

Creates new commercial credit reporting requirements allowing Ohio businesses to request their commercial credit reports and dispute inaccurate information within 30 days, though no private right of action is provided

Requires creditors to send written notice at least 30 days before filing foreclosure on junior liens (not first mortgages) on residential property, informing debtors of debt amount, right to attorney, and potential bankruptcy protections

Declares emergency status for amendments to legal malpractice statute of limitations (Section 2305.117) to address unintended consequences of S.B. 13, with those provisions taking immediate effect