Sign Up
HB 261 Ohio House · 136th Legislature (2025-2026)

Increase the amount of the standard homestead exemption

HB 261 proposes to increase the amount of the standard homestead exemption. This change would primarily benefit eligible homeowners by reducing the taxable value of their primary residence. By raising the exemption amount, it aims to lower the portion of a home's value subject to property taxes. The bill specifically amends sections 323.152 and 4503.065 of the Revised Code to implement this increase.
Issues: ✓ Budget & TaxesSupports Budget & TaxesHB 261 increases the standard homestead exemption, providing tax relief to homeowners by lowering their property tax burden, which aligns with 'provides tax relief' indicator.95% confidence ✗ EducationOpposes EducationHB 261 reduces the property tax base by increasing homestead exemptions, potentially decreasing property tax revenue for schools.75% confidence ✓ HousingSupports HousingHB 261 increases the homestead exemption, reducing property taxes for homeowners. This makes homeownership more affordable, directly supporting the 'affordable housing' aspect of the topic.88% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 13, 2025 Last action May 14, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
May 14, 2025
Committee
Referred to committee
lower
May 13, 2025
Introduced
Introduced
lower
2 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Brian Lorenz
Brian Lorenz
RRepublican
OH
60
P
Photo of Tracy Richardson
Tracy Richardson
RRepublican
OH
86