07/09/25
The Ohio state operating budget, House Bill 96, for Fiscal Years 2026-27 (July 2025 – June 2027) has now passed. However, Governor Mike DeWine issued a record 67 line-items vetoes to the bill immediately prior to signing it into law on June 30. Line-item vetoes to the budget – the biggest piece of legislation every two-year General Assembly – are one of the key powers the Governor has, and they implement the final changes to the bill. However, the legislature can opt to hold votes to override any of his vetoes, and they are officially meeting this month to do so on a handful of these items.
07/09/25
ACRE Act Becomes Law Through Inclusion in Budget Reconciliation—Key Wins for Rural Lenders.
07/02/25
Intense negotiations have stalled the votes on the budget reconciliation bill between the US Senate and House of Representatives pushing votes late into the holiday week. OBL breaks down all the provisions we are watching and advocating on. Read More Here.
07/02/25
The OBL along with 52 other state banker’s associations throughout the country urged the federal banking regulators to increase all regulatory thresholds and index them for inflation moving forward. Read More Here.
07/02/25
Thanks to the persistent advocacy of the Ohio Bankers League and its member institutions, the recently enacted state operating budget (House Bill 96) includes a vital fix to the Ohio Homebuyer Plus Program—protecting both participating banks and their customers from unintended tax penalties.
07/02/25
In the late evening hours leading up to the start of Ohio’s new fiscal year on July 1, Governor Mike DeWine exercised one of his most consequential powers — his line-item veto authority — to strike 67 provisions from the final State Operating Budget (House Bill 96). His sweeping use of the veto pen drew praise from some corners and disappointment from others, setting the stage for continued debate in the months ahead.
06/25/25
Late last night, the HB 96 Conference Committee finalized negotiations on Ohio’s state operating budget. While a deeper analysis is forthcoming, OBL is pleased to share several key outcomes—many of which reflect successful industry advocacy.
06/25/25
This week the House passed legislation prohibiting credit reporting firms from selling mortgage applicant information to lenders who then barrage those same consumers with unwanted solicitations.
06/25/25
This month the OBL sent a letter to Vice Chair Miki Bowman as she assumed her new role as head of supervision and regulation for the Federal Reserve. The leadership change allowed the OBL to highlight some areas for regulatory tailoring that we believe the Vice Chair will have a significant impact on over the coming months. Read More Here.
06/25/25
Last week the CFPB published an interim final rule (IFR) that delays the mandatory compliance dates for the 1071 final rule by one year. This gives our members more breathing room and OBL more time to push back on the CFPB. Read More Here.
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