By Maggie Thurber | Special to Ohio Watchdog
COLUMBUS — Entrepreneurship took another hit Monday as Ohio instituted additional requirements start a new business. Gov. John Kasich signed into law Senate Bill 245, which requires that new applicants for a used car dealer license participate in a training course before they are granted the license.
Applicants who have had a new or used motor vehicle license within the prior two years in good standing or who hold a salvage auto auction or auto action license are exempt. The law applies to the owner, partner, office or director of any company applying for the license.
The law instructs the Motor Vehicle Dealers Board to adopt rules governing the education, though some requirements of the training are dictated in the law:
- Courses must be taught by an institution of higher learned or a “relevant” trade or professional association that has been in existence for more than five years and has, as a majority of its members, entities who are motor vehicle dealers licensed in Ohio.
- The training must include information on applicable federal and state laws, including Consumer Protection Laws.
- The length of courses must be at least six hours but less than 24.
The MVDB also may impose requirements and minimum qualifications for the trainers, and the trainers may impose fees for their services.
When applying for the used car dealer license, applicants must present proof that they have completed the required training within the past six months.
The law goes into effect in 90 days.