COLUMBUS – Joint sponsors, State Reps. Adam Bird (R-New Richmond) and Thomas Hall (R- Madison Twp.) on May 24 held an interview on the Ohio Homeowners Relief Act.
This sensible legislation will safeguard susceptible Ohioans by customizing the treatments utilized by the Tax Commissioner to perform real estate tax sales evaluation ratio research studies in order to produce reasonable property appraisals.
“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.”
The proposed legislation will have the commissioner work along with regional chosen authorities and weigh the previous 3 years of a county’s property worths in order to figure out real estate tax. This legal modification comes as an outcome of recent increases in property appraisals throughout numerous Ohio counties.
“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.
If passed, this legislation would apply to the 2023 tax season.
The procedure presently waits for an expense number and committee task.