Overview
- After House action this summer, the Senate voted 21–11 to override a veto and bar emergency, substitute and replacement levies going forward, with the change taking effect after a waiting period and no impact on measures already set for November ballots.
- The Ohio Property Tax Working Group delivered a 15-page report with 20 proposals to DeWine, including a 100% cap on carryover balances, tighter limits on emergency levies, clearer ballot language and closing the LLC conveyance loophole.
- The report also urges targeted relief such as a senior tax deferral, possible expansion of the homestead exemption or a circuit breaker, support for HB 156 and HB 186, and steps to even out county reappraisal schedules.
- Republican leaders say more veto overrides are likely this month, arguing levy limits will help homeowners, while Democrats warn the changes could strip districts of revenue that an analyst estimates exceeds $1.3 billion a year from the affected levies.
- Rising home values and tax burdens are driving the push for changes, and a grassroots campaign to place a constitutional amendment to abolish property taxes on a future ballot continues to shape the debate.