|
|
Article: Reasonable civil justice system draws closer to reality.(Ohio Senate's passage of SB 80, tort reform bill)
- Article from:
- Catalyst (Dublin, Ohio)
- Article date:
- July 1, 2003
CopyrightCOPYRIGHT 2003 Ohio Society of Certified Public Accountants. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
One of The Ohio Society's top legislative priorities took a big step forward June 11 with the Ohio Senate's passage of SB 80, an omnibus tort reform bill of critical importance to Ohio's business community. The bill seeks to bring greater predictability to Ohio's civil justice system by building on the significant win last session in SB 120, the new proportionate liability law.
In its Senate-passed form, major provisions of SB 80 include:
* Limits punitive damages to compensatory damages or $100,000, whichever is greater (whichever amount is less for employers of 500 or fewer); and limit the imposition of more than one punitive damage award for the same ...