To amend sections 505.37, 505.48, 505.481, 3311.21, 3311.50, 3318.05, 3318.052, 3318.08, 3318.18, 3318.44, 3354.12, 3358.11, 5705.03, 5705.19, 5705.191, 5705.192, 5705.198, 5705.199, 5705.21, 5705.212, 5705.213, 5705.215, 5705.217, 5705.218, 5705.219, 5705.2111, 5705.2114, 5705.222, 5705.23, 5705.233, 5705.25, 5705.251, 5748.02, 5748.03, 5748.04, and 5748.09; to enact section 5705.171; and to repeal section 5705.261 of the Revised Code to disallow and, by 2030, eliminate property taxes levied for a continuing period of time and to name this act The Taxpayers Freedom Trilogy – Act One: Discontinuing the Continuum.
Proposing to amend Section 2 of Article XII of the Constitution of the State of Ohio to limit property taxes, whether voted or unvoted, to one and one-quarter per cent or, for certain owner-occupied homes, one per cent of real property's true value.
HB 493 ends the practice of selling certificates for unpaid property taxes (delinquent tax certificates) by local governments. It directly affects counties and tax collectors who currently sell these certificates to investors. The bill amends Ohio law to require that all such sales stop by January 1, 2027, effectively "sunsetting" the program. After this date, counties will no longer be permitted to sell delinquent property tax certificates under the current system.
To amend sections 323.25, 4503.06, 5721.01, 5721.18, and 5721.31 of the Revised Code to prohibit enforcement of delinquent property tax liens against certain owner-occupied homesteads.
To amend sections 323.131 and 4503.06 and to enact section 5705.171 of the Revised Code to require tax rates to be expressed as a percentage of true value on tax bills and ballot language.
HB 124 changes how local governments conduct property tax assessment studies that compare tax assessments to actual property sales prices. It modifies three specific sections of state law (5715.012, 5715.251, and 5715.26) to adjust the process for these studies. The bill directly affects county auditors and local tax authorities responsible for performing these assessments. The key change simplifies or updates the procedural steps for completing these studies, without altering tax rates or property values themselves.
To amend sections 319.301, 323.08, 323.152, 323.155, 323.158, 3317.017, 3317.02, 3317.021, 3317.16, 4503.06, 4503.065, and 4503.0610 and to enact section 319.303 of the Revised Code to authorize a reduction in school district property taxes affected by a millage floor that would limit increases in such taxes according to inflation and to require a corresponding adjustment in the school funding formula.
