As Bob Taft closes in on his last hours in the Governor’s office, Ohio takes one more step in snuffing out consumer’s rights. SB 117, a bill which prevents cities from lead-paint manufactures under public nuisance laws also limits the amount of damages that a consumer can receive if he or she has been defrauded by a company.
Under this new law, consumers will be limited to $5,000 limits for non-economic damages. In other words, if a consumer pays money for a product or service and either the product fails or the service is not completed as agreed, the consumer is limited to only $5,000 for the aggravation and expense of seeking justice.
This flies in the face of recently enacted predatory lending laws which sought to increase penalties for deceptive practices by brokers and lenders.
Hopefully the new faces in Columbus will revisit this issue soon so that Ohio’s consumers aren’t left in the cold.