Senate Bill (S)
Authored by: Sen. Randall Head, Sen. Ed Charbonneau, Sen. Joseph Zakas
Co-Authors: Sen. Timothy Lanane, Sen. Timothy Skinner, Sen. Ryan Mishler, Sen. Patricia Miller, Sen. Karen Tallian, Sen. Douglas Eckerty, Sen. Michael Crider
Sponsors: Rep. William Friend
  • Sen. Randall Head
    Sen. Randall Head

    Author

  • Sen. Ed Charbonneau
    Sen. Ed Charbonneau

    Author

  • Sen. Joseph Zakas
    Sen. Joseph Zakas

    Author

  • Sen. Timothy Lanane
    Sen. Timothy Lanane

    Co-Author

  • Sen. Timothy Skinner
    Sen. Timothy Skinner

    Co-Author

  • Sen. Ryan Mishler
    Sen. Ryan Mishler

    Co-Author

  • Sen. Patricia Miller
    Sen. Patricia Miller

    Co-Author

  • Sen. Karen Tallian
    Sen. Karen Tallian

    Co-Author

  • Sen. Douglas Eckerty
    Sen. Douglas Eckerty

    Co-Author

  • Sen. Michael Crider
    Sen. Michael Crider

    Co-Author

  • Rep. William Friend
    Rep. William Friend

    Sponsor

  • Rep. Sue Errington
    Rep. Sue Errington

    Co-Sponsor

DIGEST

Property taxes. Provides that for all taxing units, the maximum amount allowed for an operating balance for a debt service fund is 50% for 2015 through 2018 of the budget estimate for annual debt service payments from the fund for debt originally incurred before July 1, 2014, and 10% on debt originally incurred after June 30, 2014, and for all debt after 2018. Permits a school corporation that experiences at least a 20% loss to the school corporation's transportation fund due to circuit breaker credits in 2014, 2015, or 2016 to use a proportional circuit breaker credit allocation for that year.