summary
Introduced
09/18/2023
09/18/2023
In Committee
12/10/2024
12/10/2024
Crossed Over
12/10/2024
12/10/2024
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
135th General Assembly (2023-2024)
Bill Summary
To amend sections 323.152, 323.153, 4503.065, and 4503.066 of the Revised Code to authorize an enhanced property tax homestead exemption for certain long-term homeowners.
AI Summary
This bill amends sections 323.152, 323.153, 4503.065, and 4503.066 of the Revised Code to authorize an enhanced property tax homestead exemption for certain long-term homeowners. Specifically, the bill allows homeowners who have continuously owned and occupied their homestead for 20 or more years and have a total income that does not exceed a certain threshold to claim a higher homestead exemption equal to the product of $50,000 of the property's true value and the applicable tax rates. The bill also extends this enhanced homestead exemption to the surviving spouses of such long-term homeowners who meet the income requirements. The amendments to sections 323.152 and 323.153 apply starting in tax year 2023, while the amendments to sections 4503.065 and 4503.066 apply starting in tax year 2024.
Committee Categories
Budget and Finance
Sponsors (59)
Rick Dell'Aquila (D)*,
Adam Mathews (R)*,
Cindy Abrams (R),
Rachel Baker (D),
Willis Blackshear (D),
Sean Brennan (D),
Juanita Brent (D),
Richard Brown (D),
Beryl Brown Piccolantonio (D),
Jamie Callender (R),
Sara Carruthers (R),
Rodney Creech (R),
Jack Daniels (R),
Steve Demetriou (R),
Dave Dobos (R),
Jay Edwards (R),
Elliot Forhan (D),
Tavia Galonski (D),
Michele Grim (D),
Thomas Hall (R),
Latyna Humphrey (D),
Dani Isaacsohn (D),
Dontavius Jarrells (D),
Mark Johnson (R),
Don Jones (R),
Angie King (R),
Roy Klopfenstein (R),
Brian Lampton (R),
Scott Lipps (R),
Beth Liston (D),
Brian Lorenz (R),
Gayle Manning (R),
Lauren McNally (D),
Adam Miller (D),
Joe Miller (D),
Kevin Miller (R),
Jessica Miranda (D),
Scott Oelslager (R),
Thomas Patton (R),
Gail Pavliga (R),
Bob Peterson (R),
Phil Plummer (R),
Tracy Richardson (R),
Monica Robb Blasdel (R),
Bill Roemer (R),
Elgin Rogers (D),
Allison Russo (D),
Jean Schmidt (R),
Veronica Sims (D),
Anita Somani (D),
Dick Stein (R),
Bride Sweeney (D),
Cecil Thomas (D),
Dan Troy (D),
Terrence Upchurch (D),
Casey Weinstein (D),
Andrea White (R),
Jodi Whitted (D),
Josh Williams (R),
Last Action
Introduced (on 12/17/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legislature.ohio.gov/legislation/135/hb274 |
| Fiscal Note - As Introduced | https://www.legislature.ohio.gov/download?key=21820&format=pdf |
| Analysis - As Introduced | https://www.legislature.ohio.gov/download?key=21670&format=pdf |
| BillText | https://search-prod.lis.state.oh.us/solarapi/v1/general_assembly_135/bills/hb274/IN/00/hb274_00_IN?format=pdf |
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