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 a new definition for nonprofit land conservation organizations, specifying that they are nonprofit entities dedicated to land conservation as described in section 170(c)(2) of the Internal Revenue Code. Additionally, the bill allows municipalities to establish districts for the control, planting, maintenance, trimming, and removal of shade trees, with the authority to levy special assessments on real property within those districts.

Furthermore, the bill removes the previous exemption for entities determined by the Internal Revenue Service to be tax-exempt under section 501(c)(3) and replaces it with an exemption specifically for nonprofit land conservation organizations. The ordinance for special assessments must be adopted in the same manner as other ordinances, and a summary must be published as required by section 731.21 of the Revised Code. The bill also allows for the issuance of bonds and anticipatory notes in anticipation of the collection of these special assessments.

Statutes affected:
As Introduced: 727.011