OH SB159

Amends section 319.302 of the Revised Code to change the definition of "qualifying levy" for property tax rollback exemptions from the effective date of H.B. 59 to levies approved on or before November 5, 2013

Extends the 10% partial exemption for qualifying real property to include new and replacement levies approved at the 2013 general election, in addition to existing qualifying levies

Defines qualifying levies as those approved by election on or before November 5, 2013; levies within the ten-mill limitation levied on the 2013 tax list; subsequent renewals of such levies; or subsequent substitutes under section 5705.199

Excludes replacements imposed under section 5705.192 from the definition of qualifying levies

Declares the act an emergency measure to ensure the tax rollback exemptions timely extend to new and replacement levies approved at the 2013 general election