✔️ HB405
Regards regulation of consumer goods service contracts
Summary
The bill amends section 1345.21 of the Revised Code to exclude consumer goods service contracts from home solicitation sales regulations, thereby altering the conditions under which such contracts are governed. It specifies definitions related to home solicitation sales and outlines exceptions to these regulations. The bill does not provide details on penalties or timelines for implementation.
Rationale
The bill's exclusion of consumer goods service contracts from home solicitation sales regulations aligns with the Libertarian emphasis on free markets and voluntary contracts. However, it does not fully embrace the LP and LPO principles of minimal government intervention, as it still involves regulatory changes. Thus, the alignment scores reflect a mixed position.
Risks and Concerns
- Potential for increased consumer vulnerability without regulatory protections.
- Risk of exploitation in consumer goods service contracts.