❌ SB66
Include certain levies, taxes in school millage floor calculation
Summary
This bill amends section 319.301 of the Revised Code to include emergency levies, substitute levies, all inside millage, and school district income taxes in the calculation of a school district's effective millage floor. It requires the tax commissioner to determine and certify tax reduction factors annually for school districts, impacting how property taxes are levied. The changes apply to tax years beginning on or after the effective date of the amendment.
Rationale
The bill increases government control over taxation and school funding mechanisms, which conflicts with the Libertarian principles of minimal government intervention and individual property rights. Both the LP and LPO platforms advocate for reduced taxation and limited government involvement in economic matters.
Risks and Concerns
- Increased government control over local taxation
- Potential for higher overall tax burdens on property owners
- Reduced autonomy for school districts in financial matters