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Ohio Lawmakers Pass Property Tax Overhaul, Send Package to DeWine

County auditors say inflation-linked caps plus a larger owner-occupancy credit would deliver roughly $2 billion in relief.

Overview

  • The General Assembly approved four bills and sent them to Governor Mike DeWine, with statewide savings projected at about $2 billion over three years.
  • New limits tie automatic increases from reappraisals and inside millage to no more than the cumulative inflation rate over the previous three years.
  • House Bill 186 expands the owner-occupancy credit over four years, directing greater benefits to primary residences.
  • House Bill 309 lets county budget commissions reduce levies deemed unnecessary, and House Bill 129 recalculates the school funding 20‑mill floor to slow automatic tax hikes.
  • Republicans say the plan reins in runaway taxes, while Democrats fault the package for excluding a homestead expansion and protections for libraries, addiction services, and municipalities.