Ohio HB391 requires tax rates to be expressed as a percentage of true value on tax bills and ballot language.

Ohio HB391 amends the Revised Code to require tax rates to be expressed as a percentage of true value on tax bills and ballot language. The bill mandates that tax bills include the effective tax rate in both mills and as a percentage of true value, with the percentage appearing in boldface type. It also requires notices on tax bills regarding the consequences of unpaid taxes and the availability of tax reductions. The bill applies to manufactured or mobile homes, specifying how tax rates are calculated and when taxes are due.

Ohio HB391 requires tax rates to be expressed as a percentage of true value on tax bills and ballot language.

Ohio HB391 amends the Revised Code to require tax rates to be expressed as a percentage of true value on tax bills and ballot language. The bill mandates that tax bills include the effective tax rate in both mills and as a percentage of true value, with the percentage appearing in boldface type. It also requires notices on tax bills regarding the consequences of unpaid taxes and the availability of tax reductions. The bill applies to manufactured or mobile homes, specifying how tax rates are calculated and when taxes are due.