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OH HB53
Bill
Status
3/3/2009
Primary Sponsor
John Adams
Click for details
AI Summary
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Creates Section 306.322 establishing an alternative procedure for counties, municipal corporations, or townships to join regional transit authorities that levy property taxes and include a county with population of at least 400,000.
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Allows political subdivisions to propose joining a regional transit authority for either a limited three-year period or indefinitely through local resolution or ordinance.
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Requires majority approval from existing authority members before a proposal can be submitted to voters, with subsequent voter approval by majority needed for the subdivision to join.
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Creates Section 306.55 allowing members of qualifying regional transit authorities to withdraw effective November 1, 2009, upon voter approval, with withdrawal becoming effective one year after election certification.
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Specifies that withdrawing subdivisions continue to pay taxes for debt service on indebtedness incurred before withdrawal and receive an equitable share of authority funds and property based on prior contributions.
Legislative Description
To create an additional procedure for subdivisions to join a regional transit authority that levies a property tax and that includes a county having a population of at least 400,000 and to allow a subdivision that is a member of such a regional transit authority to withdraw from the authority.
Regional transit authorities-procedures for joining and withdrawing from
Last Action
To Transportation & Infrastructure
3/3/2009