Enact the Ohio Property Protection Act

SB 226, titled the Ohio Property Protection Act, expands existing laws that restrict certain governments, businesses, and individuals from acquiring specific types of property in Ohio. The bill requires anyone transferring real estate or manufactured homes to submit a detailed statement declaring the property's value and affirming whether the transferor or transferee is legally prohibited from buying such land. If the property was previously used for agricultural purposes, the statement must also address potential tax recoupment charges that may apply when that status changes. Furthermore, the act mandates that county auditors refuse to process the transfer of protected property unless the required declarations are included, and it directs auditors to refer suspicious transactions to law enforcement for investigation.