House Committee Begins Hearings on Bill to Support Ohio Veterans

COLUMBUS – State Representative Tracy Richardson (R-Marysville) recently provided sponsor testimony on House Bill 40, legislation to provide tax relief to certain Ohio veterans who are significantly disabled and endure health challenges as a result of their service.

Key provisions of the bill are as follows: 

• Increases the current value of the Ohio property tax homestead exemption for 100% disabled veterans by $50,000;
• Specifies that a joint income qualification of $125,000 or less annually is required to qualify; and
• Provides for surviving spouses of those qualified as long as the income qualification continues to be met.

“While we cannot undo the pain, struggles and reduced quality of life of the disabled veteran and their family, we can ensure they receive adequate help for their sacrifices,” said Richardson.

House Bill 40 awaits further consideration from the House Ways and Means Committee.