Expands property tax credit for owner-occupied residences in Ohio.

Ohio HB673 amends sections of the Revised Code to expand the property tax credit for owner-occupied residences. It introduces new provisions for tax reductions based on income thresholds and conditions such as disability or veteran status. The bill also details the application process, including late applications and continuing applications for changes in income or occupancy. Additionally, it outlines penalties for false statements and the conditions under which tax reductions can be revoked.

Expands property tax credit for owner-occupied residences in Ohio.

Ohio HB673 amends sections of the Revised Code to expand the property tax credit for owner-occupied residences. It introduces new provisions for tax reductions based on income thresholds and conditions such as disability or veteran status. The bill also details the application process, including late applications and continuing applications for changes in income or occupancy. Additionally, it outlines penalties for false statements and the conditions under which tax reductions can be revoked.