The proposed bill, known as the Taxpayers Freedom Trilogy Act Three: The Triumph of the Taxpayer, seeks to amend several sections of the Revised Code to increase the approval threshold required for the passage of certain property taxes. Specifically, it modifies sections 345.02, 511.07, 757.02, and 3318.06, changing the required affirmative vote from a two-thirds majority to a simple majority for certain tax levies. Additionally, the bill introduces a new section, 5705.171, which establishes specific approval percentages for voted taxes based on their aggregate rates, ranging from fifty percent for levies of one mill or less to sixty-six percent for levies exceeding two mills.

Furthermore, the bill repeals existing language that previously mandated a sixty percent affirmative vote for bond issues and tax levies, thereby streamlining the process for local governments to secure funding through property taxes. The new provisions aim to enhance taxpayer autonomy and reduce the barriers for local tax initiatives, reflecting a shift towards more accessible funding mechanisms for municipal projects and improvements.

Statutes affected:
As Introduced: 345.02, 511.07, 757.02, 3318.06