The bill amends section 727.011 of the Revised Code to clarify the definition of "nonprofit land conservation organization" and to update the provisions regarding special assessments for shade trees in municipalities. It introduces new legal language that defines a nonprofit land conservation organization as one that is dedicated to land conservation purposes and described in section 170(c)(2) of the Internal Revenue Code. This amendment aims to enhance the management of shade trees within public rights-of-way by allowing municipalities to establish districts for the control, planting, maintenance, trimming, and removal of these trees.

Additionally, the bill modifies the existing provisions related to exemptions from special assessments. It removes the previous language that exempted entities determined by the Internal Revenue Service to be tax-exempt under section 501(c)(3) and replaces it with a specific exemption for nonprofit land conservation organizations. The ordinance for establishing these assessments must be adopted in the same manner as other ordinances, and a summary must be published as required by law. The bill also allows for the issuance of bonds and anticipatory notes in anticipation of the collection of special assessments.

Statutes affected:
As Introduced: 727.011