The bill introduced by Senator Cutrona seeks to amend various sections of the Revised Code to provide property tax reductions for certain owner-occupied homes in Ohio, particularly benefiting individuals aged sixty-five or older. It introduces a new category for tax reductions under section 323.152, allowing for a fifty percent reduction on an "expanded homestead," which includes necessary surrounding land beyond the one-acre limit. The bill also clarifies definitions and calculations related to tax reductions for disabled veterans and surviving spouses of public service officers killed in the line of duty. Additionally, it updates the application process, requiring documentation to prove eligibility and ensuring that reductions do not apply to special assessments.

Moreover, the bill addresses the taxation of manufactured and mobile homes, allowing for extensions in tax payment under certain circumstances and establishing a framework for tax reductions for owners with disabilities. It mandates that county auditors handle applications and notify owners of any changes in tax assessments, while also imposing penalties for false statements. The legislation aims to streamline the tax collection process, enhance tax relief for eligible homeowners, and ensure compliance and accountability among property owners. It also repeals several existing sections of the Revised Code to facilitate the implementation of these new provisions.

Statutes affected:
As Introduced: 323.152, 323.153, 323.158, 4503.06, 4503.066, 4503.067, 4503.068, 4503.069, 4503.0610