Regards regulation of consumer goods service contracts

HB 405 would amend Ohio's Revised Code to remove consumer goods service contracts (such as extended warranties for appliances or electronics) from home solicitation sales regulations. Currently, these contracts are treated as home sales, requiring specific disclosures and a 3-day cancellation period. The bill would eliminate these requirements, meaning businesses selling such contracts at a consumer's home would no longer need to follow those rules. This directly affects businesses selling service contracts and consumers purchasing them, changing the legal framework for these transactions.