Bill > HB575

This bill makes various changes to Ohio's property taxation laws for farmland, specifically focusing on how agricultural land is valued and assessed for tax purposes. The bill revises the definitions and criteria for "land devoted exclusively to agricultural use," expanding the types of activities and land uses that can qualify for agricultural use valuation. It introduces more flexibility in defining agricultural land, including allowing for incidental uses, conservation practices, and agritourism without disqualifying the land from agricultural valuation. The bill also modifies the application process for agricultural land valuation, making it a continuing application process and removing the distinction between initial and renewal applications. Additionally, the bill requires county auditors to provide more detailed information to landowners about soil types and agricultural use values during reappraisal years, including publishing this information on their websites. The changes aim to provide clearer guidelines and more comprehensive support for agricultural landowners in determining and maintaining their property's agricultural use valuation. The bill's provisions will apply to tax years beginning on or after the effective date of the legislation.

Budget and Finance

https://www.legislature.ohio.gov/legislation/136/hb575