As Introduced

130th General Assembly
Regular Session
2013-2014
H. B. No. 17


Representatives Cera, Gerberry 

Cosponsors: Representatives Rogers, Ramos, Foley, Hagan, R., Driehaus, Antonio, Reece, Phillips, Pillich, Patterson 



A BILL
To amend section 131.51 of the Revised Code to 1
require that, for fiscal year 2014 and each fiscal 2
year thereafter, the Local Government Fund must 3
receive the same proportion of state tax revenue 4
that the Fund received in fiscal year 2005.5


BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:

       Section 1.  That section 131.51 of the Revised Code be 6
amended to read as follows:7

       Sec. 131.51.  (A) On or before July 5, 2013, the tax 8
commissioner shall compute the following amounts and certify those 9
amounts to the director of budget and management: 10

        (1) A percentage calculated by multiplying one hundred by the 11
quotient obtained by dividing the total amount credited to the 12
local government fund in fiscal year 20132005 by the total amount 13
of tax revenue credited to the general revenue fund in fiscal year 14
20132005. The percentage shall be rounded to the nearest 15
one-hundredth of one per cent.16

       (2) A percentage calculated by multiplying one hundred by the 17
quotient obtained by dividing the total amount credited to the 18
public library fund in fiscal year 2013 by the total amount of tax 19
revenue credited to the general revenue fund in fiscal year 2013. 20
The percentage shall be rounded to the nearest one-hundredth of 21
one per cent.22

       (B) On or before the seventh day of each month, the director 23
of budget and management shall credit to the local government fund 24
an amount equal to the product obtained by multiplying the 25
percentage calculated under division (A)(1) of this section by the 26
total tax revenue credited to the general revenue fund during the 27
preceding month. Money shall be distributed from the local 28
government fund as required under section 5747.50 of the Revised 29
Code during the same month in which it is credited to the fund.30

        (C) On or before the seventh day of each month, the director 31
of budget and management shall credit to the public library fund 32
an amount equal to the product obtained by multiplying the 33
percentage calculated under division (A)(2) of this section by the 34
total tax revenue credited to the general revenue fund during the 35
preceding month. Money shall be distributed from the public 36
library fund as required under section 5747.47 of the Revised Code 37
during the same month in which it is credited to the fund.38

       (D) The director of budget and management shall develop a 39
schedule identifying the specific tax revenue sources to be used 40
to make the monthly transfers required under divisions (B) and (C) 41
of this section. The director may, from time to time, revise the 42
schedule as the director considers necessary.43

       Section 2.  That existing section 131.51 of the Revised Code 44
is hereby repealed.45

       Section 3. The amendment by this act of section 131.51 of the 46
Revised Code takes effect on June 1, 2013. If this act does not 47
take effect at least 90 days before July 5, 2013, the Tax 48
Commissioner shall make the computation required by division 49
(A)(1) of that section as soon as possible after July 5, 2013, 50
notwithstanding that division to the contrary, and the Director of 51
Budget and Management shall make the credit, and the Tax 52
Commissioner shall make the distribution, required under division 53
(B) of that section as soon as possible thereafter.54