To enact section 123.14 of the Revised Code to require the Department of Administrative Services to conduct a biennial comprehensive study of the state's real property holdings.
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.
To amend sections 351.01, 351.021, 353.06, 4735.11, 5739.01, 5739.08, 5739.09, 5739.091, and 5741.01 and to enact section 5325.01 of the Revised Code to limit the authority of local governments to regulate short-term rental properties, to extend local lodging taxes to short-term rentals, to require collection of those taxes by short-term rental platforms, and to require real estate licenses to be issued electronically.
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 319.202, 5301.256, and 5323.02 of the Revised Code to modify the law that prohibits certain governments, businesses, and individuals from acquiring certain real property and to name this act the Ohio Property Protection Act.
To amend sections 4503.06, 5713.07, 5713.08, and 5715.27 and to enact sections 5709.29 and 5709.99 of the Revised Code to authorize local governments to create residential stability zones where homeowners may qualify for a partial property tax exemption.
