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OH SB256

Bill

Status

Introduced

11/16/2011

Primary Sponsor

William Coley

Click for details

Origin

Senate

129th General Assembly (2011-2012)

AI Summary

Bill Summary: S.B. 256

  • Establishes a "Right to Cure" process allowing suppliers to offer settlement to consumers within 30 days of being served in a consumer protection lawsuit under Chapter 1345 of the Revised Code.

  • Requires cure offers to include: (1) a supplier's remedy consisting of cash, goods, or services with itemized fair market value, and (2) reasonable attorney's fees up to $1,500.

  • Gives consumers 30 days to accept or reject the cure offer by filing notice with the court; failure to respond within 30 days is deemed automatic rejection.

  • Limits damages if consumer rejects cure offer and later wins judgment: consumer cannot recover treble damages, court costs, or attorney's fees incurred after the cure offer date if awarded damages less than the remedy's value.

  • Makes cure offers admissible in court proceedings only for determining eligibility for treble damages and the amount of court costs and attorney's fees; excludes cure offers from liability determinations and other purposes.

Legislative Description

To allow suppliers and consumers to enter into a Right to Cure agreement.

Suppliers & consumers-right to cure agreements

Last Action

To Insurance, Commerce, & Labor

11/16/2011

Full Bill Text

No bill text available