To amend section 321.261 of the Revised Code and to repeal Section 757.30 of Am. Sub. H.B. 119 of the 127th General Assembly to extend to all counties the authority to utilize surplus delinquent tax collections to facilitate nuisance abatement of deteriorated residential buildings in foreclosure and to terminate the temporary authority of a county with a population exceeding 1.2 million to use such collections to prevent residential mortgage foreclosures.

Section 1. That section 321.261 of the Revised Code be amended to read as follows:

Sec. 321.261.  (A) Five per cent of all delinquent real property, personal property, and manufactured and mobile home taxes and assessments collected by the county treasurer shall be deposited in the delinquent tax and assessment collection fund, which shall be created in the county treasury. The Except as otherwise provided in division (B) of this section, the moneys in the fund, one-half of which shall be appropriated by the board of county commissioners to the treasurer and one-half of which shall be appropriated to the county prosecuting attorney, shall be used solely in connection with the collection of delinquent real property, personal property, and manufactured and mobile home taxes and assessments.

Annually by the first day of December, the treasurer and the prosecuting attorney each shall submit a report to the board regarding the use of the moneys appropriated to their respective offices from the delinquent tax and assessment collection fund. Each report shall specify the amount appropriated to the office during the current calendar year, an estimate of the amount so appropriated that will be expended by the end of the year, a summary of how the amount appropriated has been expended in connection with delinquent tax collection activities, and an estimate of the amount that will be credited to the fund during the ensuing calendar year.

(B) A board of county commissioners may, by resolution, authorize the use of up to three million dollars each year in the county's delinquent tax and assessment collection fund to assist municipal corporations located in the county, upon application to the county for the funds, in the nuisance abatement of deteriorated residential buildings in foreclosure, including paying the costs of securing such buildings, lot maintenance, and demolition.

Section 2. That existing section 321.261 of the Revised Code is hereby repealed.

Section 3. That Section 757.30 of Am. Sub. H.B. 119 of the 127th General Assembly is hereby repealed.