Bill > HB673

This bill expands the statewide owner-occupied residence property tax credit, commonly known as the homestead exemption, to apply to all tax levies, not just specific "qualifying levies." This means that eligible homeowners, including those who are permanently and totally disabled, at least 65 years old, or surviving spouses of such individuals, will now receive a property tax reduction on their primary residence regardless of what type of tax levy is being applied. The bill also makes conforming changes to related sections of the Revised Code, including those concerning manufactured home taxes and homeownership savings accounts, ensuring the expanded credit is reflected across various tax provisions.

Budget and Finance

https://www.legislature.ohio.gov/legislation/136/hb673