2007 SUMMARY OF NEW STATE LAWS – OHIO

BILL #	CHAPTER #	ISSUE	BILL DESCRIPTION
HB 9	20	Motor vehicle insurance – enforcement issues	To amend sections 4501.01, 4507.03, 4511.01, 4511.202, 4513.11, and 4513.99 of the Revised Code to require farm machinery that is designed by its manufacturer to operate at a speed greater than 25 miles per hour to display a speed identification symbol and a slow-moving vehicle emblem when operated on a road or highway and to further address the operation of such farm machinery on roads and highways. Effective: October 18, 2007.
HB 50	36	Motor vehicle insurance – towing issues	To amend sections 505.85 and 505.87 and to enact section 505.871 of the Revised Code to allow townships to remove junk motor vehicles from public and private property and to borrow money to pay for that removal of junk motor vehicles and for other debris from private property. Effective: March 6, 2008.
HB 100	8	Worker’s compensation – fund management	Abolishes the Workers' Compensation Oversight Commission, the Workers' Compensation Oversight Nominating Committee, and the Services Committee; creates the Bureau of Workers' Compensation Board of Directors; transfers the powers and duties of the Oversight Commission to the Board; makes other changes to the Workers' Compensation Law. Effective: Varies.
HB 134	24	Corporate governance	Modifies corporation law relating to the election of directors and conforms conversion provisions of Chapter 1701 of the Revised Code with parallel provisions in Chapters 1705, 1775, and 1782 of the Revised Code; relates to alternative election standards and the shareholder's voting power; relates to obligations incurred by a partnership. Effective: Varies.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.

Posted: Thursday, January 24, 2008 12:00:00 AM. Modified: Thursday, January 24, 2008 2:15:44 PM.

Legislative and Regulatory Information Service

(317) 875-5250 - Indianapolis | (202) 628-1558 - Washington, D.C.

Contact NAMIC | Press | Advertise | Sponsor

We are 1,400 property/casualty insurance companies serving more than 135 million auto, home and business policyholders, with more than $196 billion in premiums accounting for 50 percent of the automobile/homeowners market and 31 percent of the business insurance market. We are the largest and most diverse property/casualty trade association in the country, with regional and local mutual insurance companies on main streets across America joining many of the country’s largest national insurers who also call NAMIC their home. More than 200,000 people are employed by NAMIC members.