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State Rep Dave Thomas Discusses Real Estate Tax Reform Legislation at the Ohio Statehouse
Manage episode 473827840 series 2967009
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Here is some of the legislation that is moving in the Ohio General Assembly to bring Ohio homeowners real estate tax relief.
- Expanded homestead exemption for the elderly, disabled, and veterans
- Tax deferment for the elderly to stay in their homes
- Elimination of replacement levies H.B. 28 Has passed the Ohio House
- HB 186 was introduced by Rep. Hoops and Rep. Thomas this week. The bill attacks the spikes in unvoted Property Tax Increases we have seen due to the 20 Mill Floor School Funding policy. This bill lowers those spikes to inflation and flattens out unbudgeted increases in revenue.
- Legislation that will make simple (make plain) levy ballot language
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