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BILL TITLE: Class Action Law Suits
BILL NUMBER: HB 427
SPONSOR: Schneider, Mark
SUMMARY: Requires unclaimed money in judgments and settlements of class action lawsuits to be given to charities.
STATUS: In House Civil & Commercial Law Committee
LAST ACTIVITY: The committee heard opponent testimony from Geoff Ritts a partner at Jones Day, Ted Frank, president of the Center for Class Action Fairness, and Linda Woggon, Ohio Chamber vice president of governmental affairs. See May 21 Legislative Update story for more information on the testimony.
EXPECTED: Possible consideration of amendments and committee vote scheduled for Tues., May 25. The chairman announced that interested parties are meeting and amendments will not be considered until the week of June 7 if the legislature is in session.
POSITION: Oppose
PRIORITY ISSUE: Legal & Business Regulation
STAFF CONTACT: Woggon, Linda
BILL TEXT: http://www.legislature.state.oh.us/bills.cfm?ID=128_HB_427



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