Increase the homestead exemption amount and income limit

This bill increases Ohio's homestead property tax exemption amount from $25,000 to $50,000 and raises the income limit for eligibility from $34,500 to $50,000 (adjusted annually for inflation). It directly affects seniors (65+), permanently disabled residents, and surviving spouses of disabled seniors, disabled veterans, or public safety officers killed in duty. The exemption reduces property tax bills for qualifying homeowners who own and occupy their primary residence, with the new amounts automatically adjusted each year based on economic data. This change modifies existing tax relief provisions under sections 323.152 and 4503.065 of the Revised Code.