A new bipartisan bill aims to bring Ohioans some property tax relief.
House Bill 645, sponsored by Representatives Dani Isaacsohn (D-Cincinnati) and Thomas Hall (R-Madison Twp.) creates a credit or rebate program for some renters and homeowners.
The rebate would be for renters or homeowners who are paying more than 5% of their income on property taxes.
Households making up to $100,000 total are eligible to the rebate, here is the breakdown in the legislation:
$60,000 or less is eligible for a $1,000 credit or rebate.
More than $60,000 but not more than $70,000 is eligible for an $800 credit or rebate.
More than $70,000 but not more than $80,000 is eligible for a $600 credit or rebate.
More than $80,000 but not more than $90,000 is eligible for a $400 credit or rebate.
More than $90,000 but not more than $100,000 is eligible for a $200 credit or rebate.
There is a similar bill in the Senate called Senate Bill 271. That bill is also bipartisan and has had two hearings so far.
This is the latest effort in more than a dozen that have been introduced at the Ohio Statehouse, many of them garnering both bipartisan support and support from leadership. But, aside from House Bill 57, which ended up in the budget to address the homestead exemption, no property tax legislation has made it across the finish line.
Lawmakers are not scheduled to be back to session to move more legislation forward until later this year.