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Business & EconomyA new coalition of the state's largest business groups is lobbying for wider reform of the oldest tax Ohio has.
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There are questions about the provision that allows Ohio's public school districts to hold only 25% of their operating budget in reserve.
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The Ohio House advanced its first property tax proposal this session. Some lawmakers say it was the first of many bills on an issue constituents are calling about.
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The 136th Ohio General Assembly begins today. Statehouse News Bureau Chief Karen Kasler breaks down what the top issues could be in the new two-year session.
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Many Ohio lawmakers have said they want to take up property tax law changes, which didn’t get much movement in the session that ended last month.
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House Bill 274 nearly doubles the state’s homestead exemption, expanding it to the first $50,000 of a home’s fair market value from about $26,200 under current law.
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Ohio House Speaker Jason Stephens said lawmakers are still debating how best to provide property tax relief.
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The levy estimator tool shows property owners their current values, the ballot measures they will vote on and how much their taxes could increase or decrease depending on if a measure passes or fails.
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Democratic lawmakers are arguing property tax inaction at the Ohio Statehouse is a problem of Republican priorities.
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There are more than a dozen bills meant to help deal with property tax affordability in Ohio, but none of the big ones are close to passage.