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Saturday, December 21, 2024

Ohio legislature passes bill modernizing electronic records

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Ralph Mantica President at Ohio REALTORS | LinkedIn

Ralph Mantica President at Ohio REALTORS | LinkedIn

Senate Bill (SB) 94 has passed the Ohio House of Representatives after several weeks of deliberation in the House Finance Committee. This legislation aims to modernize electronic records and conveyances maintained by county recorders across Ohio, ensuring significant improvements in access to these critical documents.

Ohio REALTORS® provided proponent testimony on this bill during both the House and Senate committee processes, stating that “by creating an online system to record and access documents in all 88 counties, future efforts to view these documents will be faster and more convenient.”

As Ohio REALTORS® have historically opposed any fees, taxes, or surcharges that increase costs of ownership, their testimony voiced appreciation for the sponsors’ consideration in limiting the document preservation surcharge in the bill to not exceed $5. This surcharge will support the digitization and ongoing preservation of records, which is necessary for adjusting to the needs of the digital age.

The legislation will now be sent to Governor DeWine for his signature.

Read more about this bill here: Ohio REALTORS Provides Testimony in Support of SB 94

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