Ohio HB156 amends property tax laws for owner-occupied homes, including tax freezes and reductions for certain groups.

Ohio HB156 amends the Revised Code to authorize a property tax freeze for certain owner-occupied homes. It introduces new tax reduction provisions for disabled veterans, their surviving spouses, and public service officers killed in the line of duty. The bill also repeals existing sections and enacts new ones to adjust income thresholds and tax rates annually. It specifies the process for applying for tax reductions, the penalties for false statements, and the mechanisms for tax collection and enforcement. The changes apply to tax years beginning on or after the effective date of the act.

Ohio HB156 amends property tax laws for owner-occupied homes, including tax freezes and reductions for certain groups.

Ohio HB156 amends the Revised Code to authorize a property tax freeze for certain owner-occupied homes. It introduces new tax reduction provisions for disabled veterans, their surviving spouses, and public service officers killed in the line of duty. The bill also repeals existing sections and enacts new ones to adjust income thresholds and tax rates annually. It specifies the process for applying for tax reductions, the penalties for false statements, and the mechanisms for tax collection and enforcement. The changes apply to tax years beginning on or after the effective date of the act.