Substitute House Bill 72 Summary

• Modernizes county recorder's office record-keeping by consolidating separate record books (deeds, mortgages, plats, leases, powers of attorney) into one unified "official records" system while allowing optional separate plat records.

• Corrects and modifies recent tax law amendments including adjustments to income tax rates, exemption amounts, and provisions for pass-through entities and qualified investors in taxable years 2013-2015.

• Extends the maximum property tax levy term for zoological parks from 5 years to a continuing period of time, allowing indefinite renewal like other approved county services.

• Makes technical corrections to tax-related statutes regarding credential holders, rehabilitation tax credits, convention center exemptions, and various lien and filing procedures across multiple Ohio Revised Code sections.

• Repeals obsolete sections (317.201, 711.12, 5310.37) and updates references throughout the code to reflect the new unified recording system, with most provisions effective immediately upon enactment.