A bill codifying the cy pres doctrine in Ohio has been introduced by Ohio Senators Tim Grendell and Bill Seitz. Senate Bill 157 would require undistributed class action proceeds to be donated to a charity. The bill is currently pending in the Ohio Senate Insurance, Commerce and Labor Committee.
The insurance industry has been unified in its opposition to this measure. Further Senate action on this bill is uncertain.
S.B. 157 is available at: http://www.legislature.state.oh.us/bills.cfm?ID=128_SB_157