Vote Smart's Synopsis:

Vote to concur with Senate amendments and pass a bill that establishes caps on increases to the first 10 mills of property tax in Ohio.

Highlights:

• Requires the county budget commission to adjust the rate of any level within the ten-mill limitation so that the increase in taxes does not exceed the original tax and inflation (Sec. 5705.316).

• Authorizes municipal entities and school districts to reduce expenses to account for the reduction in tax revenue (Sec. 5705.317-5705.318).

Full Bill Text

Vote Smart's Synopsis:

Vote to amend and pass a bill that establishes caps on increases to the first 10 mills of property tax in Ohio.

Highlights:

• Requires the county budget commission to adjust the rate of any level within the ten-mill limitation so that the increase in taxes does not exceed the original tax and inflation (Sec. 5705.316).

• Authorizes municipal entities and school districts to reduce expenses to account for the reduction in tax revenue (Sec. 5705.317-5705.318).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that establishes caps on increases to the first 10 mills of property tax in Ohio.

Highlights:

• Requires the county budget commission to adjust the rate of any level within the ten-mill limitation so that the increase in taxes does not exceed the original tax and inflation (Sec. 5705.316).

• Authorizes municipal entities and school districts to reduce expenses to account for the reduction in tax revenue (Sec. 5705.317-5705.318).

Full Bill Text