HB 456 amends Ohio law to expand the ability of certain municipalities to adjust community reinvestment areas established before 1994. The bill directly affects local governments with pre-1994 designated areas by allowing them to modify boundaries or other features without requiring new legislation for each change. Key provisions update the existing legal process to make amendments more straightforward, reducing administrative barriers. This concrete policy change streamlines how communities can adapt reinvestment areas to current needs while maintaining their designated status.
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.
To amend sections 323.152, 323.153, 323.158, 4503.06, 4503.066, 4503.067, 4503.068, 4503.069, and 4503.0610 and to enact section 4503.0612 of the Revised Code to authorize a property tax reduction for certain owner-occupied homes.
To amend sections 955.201 and 5747.113 and to enact section 955.202 of the Revised Code to establish an income tax refund designation to assist low-income individuals in spaying and neutering their pets.
To amend section 5701.11 of the Revised Code to expressly incorporate changes in the Internal Revenue Code since March 15, 2023, into Ohio law and to declare an emergency.
To amend sections 123.28, 123.281, 5753.021, and 5753.031 and to enact section 123.282 of the Revised Code to increase the sports gaming tax, to allocate revenue from the increased tax to fund sports venues and interscholastic athletics, and to create a commission to evaluate projects and award sports venue funds.
To amend sections 323.152, 323.153, and 323.156 of the Revised Code to authorize a temporary property tax credit for certain continuously owned homesteads.
To amend sections 319.202, 319.302, 323.155, 323.158, 4503.0610, and 5323.02 and to enact sections 323.21 and 323.22 of the Revised Code to allow eligible homeowners to defer the payment of a portion of their property taxes.
HB 209 would remove income taxes on tips earned by workers at restaurants, bars, and similar service businesses. Currently, tips are counted as taxable income for state, city, and school district taxes. The bill changes the law so tips are excluded from taxable income calculations under these tax systems. This means tipped employees would pay less tax on their tip earnings.
HB 89 authorizes a temporary reduction in property taxes for owners of qualifying real estate or manufactured/mobile homes. It applies to properties continuously owned from January to December of the prior tax year, where current taxes exceed those paid the previous year. The reduction is calculated automatically by county auditors and applied to future tax payments without requiring owners to apply. This change directly affects property owners whose tax burden increased from the prior year, providing a temporary financial adjustment through existing tax systems.
