130th Ohio General Assembly
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H. B. No. 388  As Introduced
As Introduced

127th General Assembly
Regular Session
2007-2008
H. B. No. 388


Representatives Driehaus, Foley 



A BILL
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 prevent residential mortgage foreclosures and to facilitate nuisance abatement of deteriorated residential buildings in foreclosure.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
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 of a county may, by resolution, authorize the use of up to three million dollars in the county's delinquent tax and assessment collection fund to prevent residential mortgage foreclosures in the county and to assist municipal corporations located in the county in the nuisance abatement of deteriorated residential buildings in foreclosure. The funds shall be used to provide mortgage rescue financial assistance in the form of loans to borrowers in default on their home mortgages, including for the payment of late fees, to clear arrearage balances, and to augment moneys used in the county's foreclosure prevention or mortgage rescue program. The funds also shall be used 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 boarding up such buildings and lot maintenance and demolition costs.
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.
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