The proposed bill, titled "The Taxpayers Freedom Trilogy Act One: Discontinuing the Continuum," seeks to amend various sections of the Revised Code with the primary goal of eliminating property taxes that are levied for a continuing period of time by the year 2030. Key amendments include the repeal of section 5705.261 and the introduction of a new section, 5705.171, which establishes that property taxes approved before a specified date will expire after the tax year 2029, although they can be renewed similarly to limited-period levies. The bill also modifies existing language to remove references to "a continuing period of time," ensuring that all tax levies are defined for a specified number of years, not exceeding ten.

In addition to addressing property tax levies, the bill outlines procedures for the establishment and management of fire and police districts, as well as county school financing districts. It specifies the requirements for creating and altering district boundaries, including the need for resolutions and voter approval for tax levies associated with expansions. The bill also introduces provisions for school districts to propose tax levies and bonds for classroom facilities projects, allowing for greater flexibility in managing funding while ensuring transparency in the use of taxpayer funds. Overall, the bill aims to streamline local taxation processes and enhance taxpayer freedom by clarifying the duration and purpose of tax levies.

Statutes affected:
As Introduced: 505.37, 505.48, 505.481, 3311.21, 3311.50, 3318.05, 3318.052, 3318.08, 3318.18, 3318.44, 3354.12, 3358.11, 5705.03, 5705.19, 5705.191, 5705.192, 5705.198, 5705.199, 5705.21, 5705.212, 5705.213, 5705.215, 5705.217, 5705.218, 5705.219, 5705.2111, 5705.2114, 5705.222, 5705.23, 5705.233, 5705.25, 5705.251, 5748.02, 5748.03, 5748.04, 5748.09, 5705.261