§ 5705.26 — Majority vote necessary for levies

Ohio § 5705.26

• Jurisdiction: Ohio
• Title 57: Taxation
• Ch. 5705: Tax Levy Law

Text

Except as otherwise provided in section5705.191of the Revised Code, if the majority of the electors voting on a levy authorized by sections5705.19to5705.25of the Revised Code vote in favor of such levy at such election, the taxing authority of the subdivision may levy a tax within the subdivision or, in the case of a qualifying library levy, within the library district or association library district, at the additional rate in excess of the ten-mill limitation during the period and for the purpose stated in the resolution, or at any less rate, or for any of said years or purposes; provided that levies for payment of debt charges shall not exceed the amount necessary for such charges on the indebtedness mentioned in the resolution. If such levy is for the payment of charges on debts incurred prior to January 1, 1935, in excess of the ten-mill limitation but within the fifteen-mill limitation, the taxing authority of said subdivision shall levy in excess of the ten-mill limitation such tax if a majority of the electors voting on the levy vote in favor thereof.

Legislative History

Effective: June 26, 2012 | Latest Legislation: Senate Bill 321 - 129th General Assembly