Rep. Richardson’s subbill raises homestead exemption eligibility to $55,000 and splits cost with local governments The House Ways and Means Committee accepted a subbill to House Bill 261 that raises income eligibility for the homestead exemption to $55,000, allows counties to adopt a local homestead exemption, and directs the state to reimburse half the value of any locally adopted exemption (about $12,500 of a $25,000 exemption).

Ohio seniors could soon see relief from skyrocketing property taxes as lawmakers push to raise the homestead exemption income eligibility to $55,000!

Learn more here

#OH #CitizenPortal #SeniorsRelief #PropertyTaxReform #LocalGovernmentSupport