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OH SB44
Bill
Status
2/10/2009
Primary Sponsor
Teresa Fedor
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AI Summary
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County auditors must make reasonable efforts to identify property owners wrongfully receiving the 2.5% property tax rollback under division (B) of section 323.152.
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Monetary charges against violators are limited to a maximum of five years' worth of tax reductions plus interest, rather than unlimited back charges.
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Ten percent of collections from charges must be credited to a newly created county rollback enforcement fund; the remaining 90% goes to the county undivided income tax fund and is distributed to taxing districts.
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Property owners who voluntarily report to the county auditor or treasurer within one year that they improperly received the rollback receive amnesty from prosecution and reduced or eliminated charges.
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Amnesty provisions include limited charges for current year improper receipt and charges only for the preceding tax year (not multiple years) for those who provide proper notice within the deadline set by the county auditor.
Legislative Description
To require county auditors to make reasonable efforts to identify property owners wrongfully receiving the 2.5% property tax rollback, to limit the monetary charge against violators to five years' worth of reductions plus interest, to require 10% of monetary charge collections to be credited to the rollback enforcement fund, and to provide amnesty for persons who report their illegal receipt of the rollback.
Enforcement of property tax rollback
Last Action
To Ways & Means & Economic Development
2/10/2009