OH SB349

Allows qualifying subdivisions (counties, townships, municipal corporations) to levy a real property transfer tax at a rate not exceeding 20 cents per $100 of property value, with revenues dedicated to land reutilization programs.

Allows qualifying subdivisions to levy a manufactured home transfer tax on used manufactured or mobile homes at a rate equal to the real property transfer tax rate.

Requires two public hearings before adoption of any such tax ordinance or resolution, and makes the tax subject to voter approval at a general or primary election.

Requires tax proceeds to be deposited into a land reutilization transfer tax fund and used for neighborhood redevelopment (for residential property transfers) and economic development (for other property transfers).

Amends existing sections 319.202, 323.73, 4503.061, 5739.0210, and 5747.51 to implement the new transfer tax provisions and related administration requirements.