COLUMBUS—Joint sponsors, State Reps. Thomas Hall (R- Madison Twp.) and Adam Bird (R-New Richmond) today held a press conference on the Ohio Homeowners Relief Act.
This common-sense legislation will protect vulnerable Ohioans by modifying the procedures used by the Tax Commissioner to conduct property tax sales assessment ratio studies in order to produce fair property valuations.
“This legislation will provide peace of mind to those who have concerns about paying for basic necessities, such as groceries, as a result of property tax increases,” Hall said.
The proposed legislation will have the commissioner work alongside local elected officials and weigh the past three years of a county’s property values in order to determine property tax. This legislative change comes as a result of recent increases in property valuations throughout several Ohio counties.
“Clermont County property rates are scheduled to go up 43% based on a decision from the Tax Commissioners office,” Bird said. “The General Assembly needs to act quickly with this legislation in order to protect homeowners around the state.”
If passed, this legislation would be applicable to the 2023 tax season.
The measure currently awaits a bill number and committee assignment.