OH HB154

Amends Ohio Revised Code section 3735.67 to require school board approval for residential property tax exemptions in Community Reinvestment Areas (CRAs), which previously only applied to commercial/industrial properties

School boards must approve or disapprove applications within 45 days and may attach conditions to their approval

School board approval is not required if the school district will receive at least 25% of the taxes that would have been owed without the exemption (through partial taxation or direct payments from property owners/municipalities)

School boards may adopt a resolution waiving their right to approve applications, which can later be rescinded

Property owners making payments to a city, local, or exempted village school district must also make equivalent payments to any joint vocational school district where the property is located