H.B. 650 Summary

• Expands the definition of "qualifying levy" under property tax rollback provisions to include tax levies by school districts outside the ten-mill limitation, restoring 10% property tax reduction for homestead properties on such levies.

• Changes the maximum school district portion of basic project costs in classroom facilities assistance from 95% to 75% under section 3318.032.

• Establishes an exceptional needs school facilities assistance program allowing the Ohio School Facilities Commission to set aside up to 25% of annual classroom facilities appropriations for districts with immediate health and safety facility needs.

• Sets the school district's portion of basic project costs under the exceptional needs program at 50% instead of the "required percentage" previously specified.

• Adds new provision (E) to section 3318.37 prohibiting districts from being denied assistance under exceptional needs programs if they declined or failed to obtain voter approval for funding under the standard classroom facilities assistance program.