Ohio HB113 modifies annexation procedures and financial disclosure requirements, and mandates school district approval for residential property tax.

Ohio HB113 amends sections of the Revised Code to change how annexations are handled and financial disclosure forms are filed. It introduces new procedures for annexing land for significant economic development projects and modifies the process for annexing land with the consent of all parties. The bill also revises financial disclosure requirements for public officials and employees, specifying who must file disclosure statements and the information required. Additionally, it mandates that school districts approve residential property tax exemptions in community reinvestment areas.

Ohio HB113 modifies annexation procedures and financial disclosure requirements, and mandates school district approval for residential property tax.

Ohio HB113 amends sections of the Revised Code to change how annexations are handled and financial disclosure forms are filed. It introduces new procedures for annexing land for significant economic development projects and modifies the process for annexing land with the consent of all parties. The bill also revises financial disclosure requirements for public officials and employees, specifying who must file disclosure statements and the information required. Additionally, it mandates that school districts approve residential property tax exemptions in community reinvestment areas.