Senator Larry Obhof (R–Medina) recently joined Governor John R. Kasich in the Governor’s Ceremonial Office in the Statehouse as he signed into law Senate Bill 141. The legislation allows the Ohio Casino Control Commission to investigate instances of “structured transactions,” a method used by criminals to avoid being prosecuted for money laundering, in Ohio’s casino facilities.

Obhof jointly sponsored the bill with State Senator Jim Hughes (R–Columbus).  Supporters of the bill included the Casino Control Commission and Attorney General Mike DeWine. 

“We know that some criminals, including drug dealers, have used Ohio’s casinos as a venue for money laundering,” said Obhof.  “Senate Bill 141 will give law enforcement an important new tool to crack down on them.”   

Current law requires casinos to file a Currency Transaction Report for each cash transaction at or over $10,000.  When attempting to use casinos for money laundering purposes, criminals can break up the money into transactions below the reporting threshold (such as $9,000) in order to avoid increased scrutiny.  This is what is known as “structuring a transaction,” which is a crime under federal law when carried out in a casino.  After minimal gambling, money launderers will cash out and leave the casino with new, “clean” money. 

Senate Bill 141 will make it a fifth degree felony under Ohio law to knowingly engage in structuring for the purpose of avoiding detection by law enforcement.  By giving state authorities the ability to investigate these crimes, SB 141 will ensure that “structured transactions” can be properly investigated even if federal authorities are unavailable.    

 The law will go into effect 90 days from the Governor’s signature.

Featured Posts

ADVISORY: Obhof To Discuss Need For Additional Regulatory Reforms In Ohio


Senate President Larry Obhof (R-Medina) will join researchers from the Mercatus Center of George Mason University to discuss the negative impact of a growing regulatory system on the economic growth and development of the state of Ohio. With 246,852 restrictions, Ohio is one of the most heavily regulated states analyzed by the Mercatus Center, with nearly as many restrictions as Illinois and far more rules than neighboring states like Michigan, Pennsylvania, Kentucky and West Virginia.


Obhof Announces Senate Passage Of Criminal Justice Reform Bill


COLUMBUS—Ohio Senate President Larry Obhof (R-Medina) announced the Senate's recent passage of bipartisan legislation that would make a number of comprehensive improvements to Ohio's criminal justice system.


PHOTO: Schwarzenegger Joins Obhof At Statehouse To Recognize Importance Of Ohio's Redistricting Reform Effort


COLUMBUS—Former California Governor Arnold Schwarzenegger today joined Ohio Senate President Larry Obhof (R-Medina), Governor John Kasich and other leaders to recognize the Ohio legislature's successful passage of congressional redistricting reform.


Legislative Leaders Announce $2.62B Investment In Ohio's Local Communities Through Capital Bill


COLUMBUS—Senate President Larry Obhof (R-Medina) and Speaker of the House Clifford A. Rosenberger (R-Clarksville) today introduced the state's Capital Budget, a $2.62 billion investment in Ohio's infrastructure and local community projects.