The Ohio Department of Education has a draft waiver for NCLB. The headline making change is to move away from the current school ranking system to a letter grade (A-f). Other proposals in the draft include:

Changing the current differentiated accountability system to identify and support the lowest performing Title 1 schools.
Greater flexibility in the use of federal professional development funds as a trade off with the higher standards and transparency in the accountability system.
Schools and districts will need to complete fewer forms and reports to use federal dollars.
Focusing on low-achieving schools to ensure compliance with reform models and mandates, including those in the state budget (HB 153).
Ensuring a system of rewards and recognitions exist for districts and schools that meet designated achievement levels or levels of expected growth.
Improving federally approved Differentiated Accountability Model and ensuring that it aligns with state accountability system and consequence.
Phasing out the Highly Qualified Teachers measure on report card and as data used to determine equitable distribution of teachers and replacing it with four evaluation effectiveness ratings.
Continuing to expand and provide technical support for school-wide pooling of funds in eligible buildings and expanding transferability to allow schools in improvement status to transfer Title funding.
Optional flexibility to permit community learning centers to use 21st century funds in supporting expanded learning time during the school day in addition to non-school hours, according to the draft.

Further information can be found here at the ODE website.