OH HB404

Increases county treasurer fees for property tax collection by changing the fee structure from percentages on collected moneys to a tiered system based on collection amounts for general personal property taxes.

For personal property tax collections, establishes tiered percentage fees: 2.9947% on first $100,000, 0.9982% on next $2 million, 0.7986% on next $2 million, and 0.1996% on all amounts above that.

Creates a new fee calculation method for real and public utility property taxes using a "county fee factor" approach, with fees set at 115% of the average yearly county fee factors from tax years 2003-2006 for 2010 settlements.

For 2011 and later settlements, ties real property tax fees to prior year amounts and includes adjustment mechanisms when collection amounts increase more than 6% or decrease below 99% of prior year amounts.

Rounds all calculated fee factors to the nearest one ten-thousandths of one percent and maintains existing penalty provisions for delayed settlements.