08/28/2024

New Ohio Bills Aim to Give Homeowners, Renters Property Tax Relief

A household making $60,000 or less would be eligible for a credit or rebate

Ohio homeowners and renters could get some relief from high property taxes if legislation in the Ohio House and Senate ultimately becomes law. Under the companion bills, eligible homeowners would get an income tax credit or rebate if their property taxes are more than 5 percent of their income.

It would also apply to renters for the portion of their rent attributable to property taxes. The primary sponsors of the House version say Ohio needs property tax relief now.

"Our property taxes are way too high for way too many people," Rep. Dani Isaacsohn (D - Cincinnati) said.

Please select this link to read the complete article from WBNS-10TV.