OH SB209

Amends section 5709.911 of the Revised Code to modify how property tax exemptions are prioritized when a parcel has both a tax increment financing (TIF) arrangement and another exemption.

Exemptions granted under TIF provisions (sections 725.02, 1728.10, 5709.40, 5709.41, 5709.45, 5709.73, 5709.78) are subordinate to exemptions previously granted under any other section of the Revised Code that apply concurrently to the property.

Requires municipalities, townships, or counties to file notice with the county recorder identifying property subject to concurrent exemptions, with a $14 recording fee, to bind future owners to service payment obligations until exemption terms are satisfied.

Allows the entity that authorized an earlier exemption to provide written consent to a subsequent exemption through duly enacted ordinance or resolution, which permits waiver of service payments or charges.

Failure to file the notice with the county recorder relieves future property owners from service payment obligations if the property later qualifies for another exemption, though current owners at application filing remain liable.