Authorizes a property tax freeze for certain owner-occupied homes in Ohio.
The bill amends Ohio's tax code to authorize a property tax freeze for certain owner-occupied homes. It modifies existing sections and enacts new provisions to allow for tax reductions and exemptions for specific groups, including disabled veterans, surviving spouses of deceased veterans, and individuals aged 65 and older. The bill outlines the process for applying for these reductions, including required documentation and timelines. It also details the tax calculation methods, penalties for late payments, and the procedures for contesting tax assessments.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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