Bill > SB206

This bill authorizes a property tax reduction for certain owner-occupied homes, specifically for manufactured or mobile homes owned by individuals who are 65 years of age or older. The bill creates a new tax reduction program that will reduce manufactured home taxes by 50% for eligible homeowners. To qualify, the homeowner must be 65 or older, own the home, occupy it as their primary residence in Ohio, and apply for the reduction with the county auditor. The reduction applies only for the tax year in which the homeowner meets all qualifications and does not transfer the title of the home. The bill amends several sections of Ohio's Revised Code related to property and manufactured home taxes, updating application processes, notification requirements, and administrative procedures for implementing the new tax reduction. The changes are designed to provide financial relief to senior homeowners by reducing their tax burden on manufactured and mobile homes, with the reduction taking effect for tax years beginning on or after the bill's effective date.

Budget and Finance

https://www.legislature.ohio.gov/legislation/136/sb206