As Passed by the House 1 122nd General Assembly 4 Regular Session S. B. No. 24 5 1997-1998 6 SENATORS RAY-B. JOHNSON-BLESSING-DRAKE-DiDONATO-HERINGTON-GILLMOR- 8 McLIN-CARNES-KEARNS-REPRESENTATIVES HAINES-COUGHLIN-MILLER-LEWIS- 9 CALLENDER-THOMAS-WILLIAMS-TIBERI-MEAD-O'BRIEN-BRADING-STAPLETON- 10 PERZ-GRENDELL-REID-GARDNER-OLMAN-PADGETT-HOUSEHOLDER-JOHNSON- 11 LOGAN-COLONNA-METZGER-CORE-VESPER 12 14 A B I L L To amend section 5705.23 of the Revised Code to 16 provide that when a voter-approved library tax is 17 levied for a specific permanent improvement or 18 class of improvements, the period for which notes 19 may be issued in anticipation of the revenue be 20 increased from five to ten years. 21 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO: 23 Section 1. That section 5705.23 of the Revised Code be 25 amended to read as follows: 26 Sec. 5705.23. The board of library trustees of any county, 35 municipal corporation, school district, or township public 36 library by a vote of two-thirds of all its members may at any 37 time declare by resolution that the amount of taxes which may be 38 raised within the ten-mill limitation by levies on the current 39 tax duplicate will be insufficient to provide an adequate amount 40 for the necessary requirements of the public library, that it is 41 necessary to levy a tax in excess of such limitation for current 42 expenses of the public library or for the construction of any 43 specific permanent improvement or class of improvements which the 44 board of library trustees is authorized to make or acquire and 45 which could be included in a single issue of bonds, and that the 46 question of such additional tax levy shall be submitted by the 47 2 taxing authority of the political subdivision to whose 48 jurisdiction the board is subject, to the electors of the 49 subdivision, or, if the resolution so states, to the electors 50 residing within the boundaries of the library district, as 51 defined by the state library board pursuant to section 3375.01 of 52 the Revised Code, on the day specified by division (E) of section 53 3501.01 of the Revised Code for the holding of a primary election 54 or at an election on another day to be specified in the 55 resolution. No more than two elections shall be held under 56 authority of this section in any one calendar year. Such 57 resolution shall conform to section 5705.19 of the Revised Code, 58 except that the tax levy may be in effect for any specified 59 number of years or for a continuing period of time, as set forth 60 in the resolution, and the resolution shall specify the date of 61 holding the election, which shall not be earlier than 62 seventy-five days after the adoption and certification of the 63 resolution to the taxing authority of the political subdivision 64 to whose jurisdiction the board is subject, and which shall be 65 consistent with the requirements of section 3501.01 of the 66 Revised Code. The resolution shall not include a levy on the 67 current tax list and duplicate unless the election is to be held 68 at or prior to the first Tuesday after the first Monday in 69 November of the current tax year.Upon70 UPON receipt of the resolution, the taxing authority of the 73 political subdivision to whose jurisdiction the board is subject 74 shall adopt a resolution providing for the submission of such 75 additional tax levy to the electors of the subdivision, or, if 76 the resolution so states, to the electors residing within the 77 boundaries of the library district, as defined by the state 78 library board pursuant to section 3375.01 of the Revised Code, on 79 the date specified in the resolution of the board of library 80 trustees. The resolution adopted by the taxing authority shall 81 otherwise conform to the resolution certified to it by the board. 82 The resolution of the taxing authority shall be certified to the 83 3 board of elections of the proper county not less than 84 seventy-five days before the date of such election. Such 85 resolution shall go into immediate effect upon its passage, and 86 no publication of the resolution shall be necessary other than 87 that provided in the notice of election. Section 5705.25 of the 88 Revised Code shall govern the arrangements for the submission of 89 such question and other matters concerning the election, to which 90 that section refers, except that if the resolution so states, the 91 question shall be submitted to the electors residing within the 92 boundaries of the library district, as defined by the state 93 library board pursuant to section 3375.01 of the Revised Code, 94 and except that such election shall be held on the date specified 95 in the resolution. If a majority of the electors voting on the 96 question so submitted in an election vote in favor of such levy, 97 the taxing authority may forthwith make the necessary levy within 98 the subdivision or within the boundaries of the library district, 99 as defined by the state library board pursuant to section 3375.01 100 of the Revised Code, at the additional rate in excess of the 101 ten-mill limitation on the tax list, for the purpose stated in 102 such resolutions. Such tax levy shall be included in the next 103 annual tax budget that is certified to the county budget 104 commission. The proceeds of any library levy in excess of the 105 ten-mill limitation shall be used for purposes of the board in 106 accordance with the law applicable to the board. 107 After the approval of a levy on the current tax list and 109 duplicate to provide an increase in current expenses, and prior 110 to the time when the first tax collection from such levy can be 111 made, the taxing authority at the request of the board of library 112 trustees may anticipate a fraction of the proceeds of such levy 113 and issue anticipation notes in an amount not exceeding fifty per 114 cent of the total estimated proceeds of the levy to be collected 115 during the first year of the levy. 116 After the approval of a levy to provide revenues for the 118 construction or acquisition of any specific permanent improvement 119 4 or class of improvements, the taxing authority at the request of 120 the board of library trustees may anticipate a fraction of the 121 proceeds of such levy and issue anticipation notes in a principal 122 amount not exceeding fifty per cent of the total estimated 123 proceeds of the levy to be collected in each year over a period 124 offiveTEN years after the issuance of such notes. 125 The notes shall be issued as provided in section 133.24 of 127 the Revised Code, shall have principal payments during each year 128 after the year of their issuance over a period not to exceedfive129 TEN years, and may have a principal payment in the year of their 131 issuance. 132 When a board of public library trustees of a county library 134 district, appointed under section 3375.22 of the Revised Code, 135 requests the submission of such special levy, the taxing 136 authority shall submit the levy to the voters of the county 137 library district only. For the purposes of this section, and of 138suchTHE board of PUBLIC library trustees only, the words 139 "electors of the subdivision," as used in this section and in 141 section 5705.25 of the Revised Code, mean "electors of the county 142 library district." Any levy approved by the electors of the 143 county library district shall be made within the county library 144 district only. Section 2. That existing section 5705.23 of the Revised 146 Code is hereby repealed. 147