Bill > HB215

This bill amends Ohio law to prohibit most property tax levies voted on during a general election from taking effect in the current tax year. Specifically, the bill defines a "qualifying property tax" and restricts when such taxes can be implemented. Under the new provisions, property tax levies approved at a general election cannot be collected in the same year they are passed, meaning taxpayers will not see the new taxes on their current year tax bill. The bill requires tax bills to include additional information about new property tax levies, such as an estimate of projected first-year collections. There are some exceptions to this rule, including taxes for jurisdictions in fiscal emergency, tax renewals, and certain specific types of levies. The changes will apply to general elections held in the first calendar year after the bill's effective date and subsequent elections. This legislation aims to provide taxpayers with more advance notice and predictability regarding property tax increases by delaying their implementation until the following tax year.

Budget and Finance

https://www.legislature.ohio.gov/legislation/136/hb215