OH SB157

Reduces the statute of limitations for written contracts from 6 years to 3 years after the cause of action accrues

Reduces the statute of limitations for oral contracts (express or implied) from 4 years to 2 years after the cause of action accrues

Maintains the existing 6-year statute of limitations for consumer transactions incurred primarily for personal, family, or household purposes

Preserves existing exceptions under specific Revised Code sections (126.301, 1302.98, 1303.16, 1345.10, and 2305.04)

Sponsored by Senator Lang in the 136th General Assembly (2025-2026 session)