The proposed bill establishes a framework for creating tourism promotion districts in Ohio, enabling municipal corporations, townships, and counties to levy assessments on lodging businesses within these districts. It introduces new sections to the Revised Code, specifically sections 1787.01 through 1787.13, which define key terms and outline the process for establishing or renewing a tourism promotion district. The bill requires a district plan, public hearings, and consent from local authorities if the district's boundaries extend beyond a municipality or township. It mandates that districts be established for a specific term of three to ten years, depending on whether revenue bonds are issued, and emphasizes transparency by requiring notifications to lodging business owners.

Additionally, the bill includes provisions for lodging business owners to file written protests against proposed assessments, with a threshold of 40% of protests needed to prevent the adoption of an ordinance for the district. It details the procedures for levying benefit assessments, which must reflect a rational relationship to the benefits provided, and allows for the issuance of revenue bonds backed by these assessments. The district management association, primarily composed of lodging business owners, is responsible for managing funds and implementing the district plan, with annual reports required for transparency. The bill also outlines the governance structure of these associations, clarifying their status as public agencies while exempting them from certain ethics filing requirements, and provides a framework for the dissolution of districts under specific conditions.