kyle koehler

photo of Ohio Legislature
JO INGLES / STATEHOUSE NEWS BUREAU

The Ohio House has passed a controversial payday-loan bill meant to close loopholes those lenders use to charge high interest rates. The vote occured as a reported probe into activities involving the former Speaker and payday lending lobbyists continues.

Republican Kyle Koehler says passage of the bill will help many Ohioans who tell him the interest they pay on their payday loans is so high that they can’t afford basics like groceries.

Photo of Schuring
OHIO STATEHOUSE

A citizens group is trying to put an issue on the ballot that would cap the interest rates of payday loans at 28 percent without the loopholes in current law. The ballot measure is in reaction to lawmakers failing to move on a similar bill. But House leaders say they’re ready to move forward.

Republican Rep. Kirk Schuring of Stark County says lawmakers are close to rolling out a revised bill, but it’s unknown how closely it will resemble the current bill to cap interest rates, which have reportedly skyrocketed to 590 percent.

Andy Chow

A bill requiring abortion clinics to either bury or cremate fetal remains got its first hearing in an Ohio House committee.

Statehouse correspondent Andy Chow reports.

 

The bill is in response to an investigation by Attorney General Mike DeWine, which found that Ohio’s Planned Parenthood clinics were not selling fetal parts, but some remains did end up in landfills.