This bill amends various sections of the Revised Code to eliminate the authority to levy replacement property tax levies, specifically repealing section 5705.192. It modifies sections 319.301 and 319.302 to clarify that any tax designated as a replacement levy is not considered a renewal of an existing tax. New language is introduced to state that qualifying levies do not include any replacement levies as they existed before the effective date of this amendment. The intent of these changes is to streamline the taxation process and clarify the definitions and classifications of property taxes while ensuring that existing voted property tax levies and proceeds pledged for debt obligations remain unaffected.

Additionally, the bill outlines the responsibilities of the tax commissioner and county auditors in determining tax rates and reductions, ensuring transparency and consistency in the process. It also addresses the procedures for designating bargaining units and negotiating agreements for employees of newly merged townships, the continuation of zoning codes post-merger, and the status of special purpose districts. Furthermore, it establishes guidelines for school districts in fiscal watch to restructure or refinance loans, ensuring that any new operating revenue is approved by voters. Overall, the bill aims to simplify property tax administration and enhance the clarity and efficiency of tax-related processes across various governmental entities.

Statutes affected:
As Introduced: 319.301, 319.302, 523.06, 1545.21, 3316.041, 3316.06, 3358.11, 3505.06, 5705.03, 5705.218, 5705.2111, 5705.221, 5705.233, 5705.261, 5705.412, 5705.192
As Reported By House Committee: 319.301, 319.302, 523.06, 1545.21, 3316.041, 3316.06, 3358.11, 3505.06, 5705.03, 5705.218, 5705.2111, 5705.221, 5705.233, 5705.261, 5705.412, 5705.192
As Passed By House: 319.301, 319.302, 523.06, 1545.21, 3316.041, 3316.06, 3358.11, 3505.06, 5705.03, 5705.218, 5705.2111, 5705.221, 5705.233, 5705.261, 5705.412, 5705.192