OH HB245

Amends section 319.302 of the Revised Code to extend the 10% partial property tax exemption to levies approved on or before November 5, 2013, including new and replacement levies

Defines "qualifying levy" to include levies approved at elections held on or before November 5, 2013; levies within the ten-mill limitation levied in tax year 2013; renewals of such levies; and subsequent substitutes under section 5705.199

Excludes replacement levies imposed under section 5705.192 from the definition of "qualifying levy"

Applies the partial exemption to real property qualifying under division (A) of the section, including residential property and farmland, but excludes property primarily used for business activities

Declares the act an emergency measure to ensure the 10% and 2.5% property tax rollback exemptions timely extend to new and replacement levies from the 2013 general election