Two state lawmakers reintroduced legislation designed to protect older Ohioans from rising property taxes.
According to an Ohio House of Representatives spokesperson, Representatives Thomas Hall (R-Madison Township) and Dani Isaacsohn (D-Cincinnati) introduced the legislation on March 5.
If passed, people who meet the following criteria will be eligible for a property tax freeze:
- They must be 65 years old or older
- Their income doesn’t exceed $50,000
- They have owned their home for two or more years
- The value of the home for the given tax year isn’t over $500,000
Recent increases in property taxes across the state, according to the representatives, are driving the legislation forward.
“The goal of this bill is to ensure Ohio seniors are able to age in their homes and continue to be active participants in society,” Hall told the crowd. “This commonsense bill will directly shield vulnerable Ohioans from drastic increases in property taxes.”
“We should never tax seniors out of their homes,” Isaacsohn declared. “By recognizing the unique challenges faced by seniors and providing them with financial relief, Ohio can become a more inclusive and supportive place to grow old.”
Before moving forward, this legislation will be given a bill number and assigned to a House committee.